PENGARUH RASIO AKTIVITAS, PERTUMBUHAN PERUSAHAAN DAN LIKUIDITAS TERHADAP PREDIKSI FINANCIAL DISTRESS PADA PERUSAHAAN SEKTOR PERTAMBANGAN

This study aimed to examine the effect of the ratio of activity, growth
and liquidity to financial distress prediction in mining companies. The level of
financial distress of a company is calculated by using the Altman Z-score. The
study used statistical methods that logistic regression to answer the problem
formulation. The population in this study are all mining companies listed on the
Indonesia Stock Exchange in 2011-2015. Samples were determined using
purposive sampling method. The research sample obtained is that 10 companies
by the number of observed data of 50 observations for each company within five
years from 2011-2015. Hypothesis testing using logistic regression analysis
method with SPSS version 20.
The results showed that the first hypothesis (1) states that the ratio of
activity does not affect the prediction of financial distress . The second hypothesis
(2) states that the company's growth rate did not affect the prediction of financial
distress and the third hypothesis (3) states that the ratio of liquidity significant
negative effect on the prediction of financial distress .

Keywords : Financial Distress, Ratio Activities, Firm Growth, Liquidity, Altman Z–score.