PENGARUH RASIO KEUANGAN TERHADAP FINANCIAL DISTRESS DENGAN PENDEKATAN SPRINGATE (S-SCORE) (Studi pada Bank Pembiayaan Rakyat Syariah di Jawa Timur)

In the company's financial reports there are financial ratios which are used as the basis for bankruptcy predictions. Prediction analysis results financial distress can be used to minimize losses for internal or external parties as a result of bankruptcy experienced by the company, as well as predicting the continued existence of the company concerned. The aim of this research is to analyze the influence of liquidity ratios, profitability ratios, non-performing credit ratios and effectiveness ratios on financial distress. The population in this research is Sharia People's Financing Banks (BPRS) in East Java which are registered with the OJK (Financial Services Authority) in 2018-2022. The sample method for this research uses a purposive sampling method, namely companies that always publish financial reports for 5 periods from 2018 to 2022. So that a sample of 18 BPRS is obtained with a total of 90 observation data. The data analysis method for this research uses panel data regression analysis. Based on research results regarding the influence of liquidity ratios, profitability ratios, non-performing credit ratios and effectiveness ratios on financial distress at BPRS in East Java. The liquidity ratio has a positive and insignificant effect on financial distress. The profitability ratio has a positive and significant effect on financial distress. The non-performing loan ratio has a negative and insignificant effect on financial distress. The effectiveness ratio has a negative and significant effect on financial distress.