Financial Distress Prediction Models in Property Sector Companies Listed in Indonesia Stock Exchange

Along with the unstable national and global economic conditions, investors consumers defend themselves to invest in property sector. Companies go public obtaining capital markets as a means obtain sources of funds. Investors creditors will see financial condition required before company increase distress (financial distress) or not investing their capital. Therefore, analysis prediction company's problems is very important. This study uses Financial Distress model by using discriminant analysis. The independent variables used are ratios which divided into 4 categories (1) Liquidity Ratios, (2) Solvency (3) Activity (4) Profitability Ratios. research quantitative Multivariate Discriminant Analysis (MDA) model. sample data this includes property, real estate, construction sector companies listed on Indonesia Stock Exchange 2014-2018 period. produces Z-score = -3,569 + 6,910DTA -1.107DTE 7,515ROE 3,573OPM cut-off value -3,521. When z-score -3,521, included non-financial pressure group.