The Role of Profitability in Moderating the Effects of Leverage and Liquidity on Financial Distress in the Automotive Sector Listed on the IDX for the 2021–2025 Period
Financial distress remains an important concern for automotive companies because economic uncertainty, market fluctuations, rising production costs, and debt obligations can weaken corporate financial stability. This study examines the effects of leverage and liquidity on financial distress and evaluates the moderating...