PENGARUH NET PROFIT MARGIN, RETURN ON ASSET, RETURN ON EQUITY TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR TRANSPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2019-2022

Abstract

This study aims to determine and analyze the magnitude of the relationship of financial
rations such as Net Profit Margin, Return On Asset, Return On Equity in predicting the company’s
Financial Distress. The population of this study is a transportation sub-sector companies listed on the
Indonesia Stock Exchange (IDX) for the 2019 - 2022 period. This study uses secondary data in the
form of company financial statements obtained through Indonesia Stock Exchange website in 2019 -
2022. The sampling techniques used purposive sampling. The method used in this study is a
quantitative method, because the data obtained is in the form of numbers obtained through financial
reports. The financial distress calculation method uses the zmijewski method where if the calculation
result are positive, then the company is considered unhealty and vice versa. The analytical tool used
in this research is SPSS 26 version. The data analysis method used is statistical analysis with
classical assumption test (Normality Test, Multicollinearity Test, Autocorrelation Test,
Heteroscedasticity Test), multiple linear test, correlation test and hypothesis testing (F test and t test).
The result of this study indicate that there is a simultaneous effect of the variables Net Profit Margin,
Return On Asset, Return On Equity in predicting Financial Distress.