Pengaruh Financial Performance Terhadap Financial Distress Pada Perusahaan Subsektor Customer Non Cyclical

Financial distress begins when the company experiences continuous operating losses that cause capital deficiencies. Financial distress conditions can be seen and measured by analyzing financial statements. Financial distress can be influenced by several factors such as financial performance. this study aims to determine the effect of return on assets, cash ratio, and debt to equity ratio on financial distress. the method used in this research is quantitative with secondary data. sampling using purposive sampling technique obtained 8 non-cyclical cunsomer companies listed on the IDX 2019-2023. The analysis used uses multiple regression analysis using SPSS version 25. The results showed that return on assets has a negative effect on financial distress, cash ratio has no effect on financial distress, debt to equity has no effect on financial distress.