The Effect of Liquidity, Leverage and Profitability on Financial Distress

Volta Diyanto

doi:10.31258/ijesh.2.2.127-133

Authors

Volta Diyanto Faculty of Economics and Business, Universitas Riau

DOI:

https://doi.org/10.31258/ijesh.2.2.127-133

Keywords:

liquidity, leverage, profitability, financial distress

Abstract

This study aims to analyze the effect of liquidity, leverage, and profitability on financial distress in manufacturing companies in Riau province. 129 manufacturing companies experiencing financial distress in Riau province were selected as samples using purposive sampling method. The data were analyzed using multiple linear regression. The results show that the current ratio affects financial distress. The debt to equity ratio affects financial distress. Return on assets affects financial distress.

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