<![CDATA[This study aims to determine the effect of the Altman z-score method on financial distress with the independent variables namely WCTA, RETA, EBITTA, MVETL, and STA on the dependent variable, namely Financial Distress. In manufacturing companies listed on the Indonesia Stock Exchange for the period 2016-2020. Based on the research results that have been described previously, it can be concluded that:In calculating the Altman z-score method in the research year the company is categorized: Safe : CTRA company for 3 years of research, Gray Area : SQBB company for 5 years research, Financial distress: BTEK and AISA companies for 3 years of research. The ratio of Working Capital to Total Assets (WCTA) has a significant effect on Financial Distress. The ratio of Retained Earnings to Total Assets (RETA) has no significant effect on Financial Distress. The ratio of Earnings Before Interest and Taxes to Total Assets (EBITTA) has a significant effect on Financial Distress. The Market Value of Equity to Total Liability (MVETL) ratio has no significant effect on Financial Distress.Ratio of Sales to Total Assets (STA) has a significant effect on Financial Distress. Recommendations for companies to maintain financial ratios (WCTA, RETA, EBTTA, MVETL, and STA) so that companies avoid bankruptcy and can still strive to create improvements to financial ratios (WCTA, EBITTA, and STA) based on research these ratios have a significant effect to financial distress. For researchers to be able to further develop research similar to financial distress such as bankruptcy risk, as well as analysis of financial ratios that can be expanded to do better. In this case, it is not only the types of food and beverage industry companies, but also other types of industrial companies. Subsequent research can use a period of more than five years so that it is expected to be a useful comparison basis for further research.]]>
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