| dc.description.abstract | The purpose of this study was to determine the effect of Liquidity, Leverage,
and Profitability on Financial Distress (Case Study of Textile and Garment Sub
Sector Companies on the Stock Exchange in 2017-2019). The population in this
study uses the textile and garment sub-sector companies on the Stock Exchange in
2017-2019 with a total of 22 companies. Determination of the sample is based on
the purposive sampling method, using sample determination criteria, namely the
textile and garment sub-sector companies listed on the Stock Exchange in 2017-
2019, the textile and garment sub-sector companies that publish financial
statements in 2017-2019, companies that have full information on data related to
this research. Based on the sample criteria. Based on the sample criteria, 20
companies were used as samples. Data analysis techniques in this study used
logistic regression analysis. The results showed that liquidity and leverage did not
have a significant effect on financial distress, whereas profitability had a
significant negative effect on financial distress. | en_US |
