Financial Distress in BUMN in Indonesia and Factors Affecting Financial Performance and Health Levels in BUMN Companies

This research aims to determine whether there is Financial Distress in BUMN Indonesia and State Equity Participation. The population this study were state-owned non-problematic infrastructure companies registered on the court website from 2016 2020. sampling technique used was purposive obtain a sample of 12 companies—data analysis techniques using panel data regression method. results show that Return On (ROE) Capital Expenditure significant for financial distress. receives assistance small insignificant Participation (PMN) paid pay off large debts based assignment (PMN), Soundness Level BUMN, Liquidity, Leverage do not affect solving problems.