The Influence Of Financial Ratio On Financial Distress In Transportation Sub-Sector Companies

Authors

  • Riza Cahaya Safitri Universitas PGRI Semarang
  • Rita Meiriyanti
  • Prianka Ratri Nastiti

Abstract

This research aims to find out how financial ratios influence a company's financial distress. These financial ratios consist of profitability, liquidity, leverage and activity ratios in transportation sector companies listed on the Indonesia Stock Exchange for the 2019-2022 period. This research was conducted using a purposive sampling method. Data collection techniques use secondary data. Data was collected from transportation sector companies listed on the Indonesia Stock Exchange (BEI) in 2019-2022 using the Multiple Linear Regression method using SPSS 21. The financial distress variable was proxied using the Springate formula (S-score). The results of this research show that the variables profitability, liquidity, leverage and activity have a significant influence on financial distress.

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Published

2025-07-14

How to Cite

Riza Cahaya Safitri, Rita Meiriyanti, & Prianka Ratri Nastiti. (2025). The Influence Of Financial Ratio On Financial Distress In Transportation Sub-Sector Companies. INTERNATIONAL CONFERENCE OF ECONOMICS AND BUSINESS, 1(1). Retrieved from https://conference.upgris.ac.id/index.php/EconBiz/article/view/5591

Issue

Vol. 1 No. 1 (2024): INTERNATIONAL CONFERENCE ICON -ECOBIZ 1

Section

Articles