Tujuan dari penelitian ini adalah untuk mengetahui Pengaruh kinerja keuangan dan karakteristik perusahaan (Studi Pada Perusahaan tekstil dan garmen Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2016-2022)”. Data diperoleh dari Annual Report dan Laporan Keuangan Tahunan yang diterbitkan oleh Bursa Efek Indonesia periode 2016-2022. Berdasarkan metode quota sampling diperoleh sebanyak 105 data dari 15 perusahaan tekstil dan garmen Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2018 - 2022. Metode analisis menggunakan analisis data panel, uji asusmsi klasik, dan uji hipotesis. Hasil penelitian menunjukkan bahwa : 1) profitabilitas, likuiditas, aktivitas, struktur modal dan ukuran perusahaan secara simultan berpengaruh terhadap Financial distress, 2) profitabilitas, likuiditas, aktivitas dan ukuran perusahaan secara parsial berpengaruh negatif dan signifikan terhadap Financial distress 3) struktur modal secara parsial berpengaruh positif dan sigtifikan berpengaruh terhadap financial distress
Kata Kunci: Profitabiltias, Likuiditas, Aktivitas, Karakteristik Perusahaan Dan Financial distress

The aim of this research is to determine the influence of financial performance and company characteristics (Study of textile and garment companies listed on the Indonesian Stock Exchange (BEI) for the 2016-2022 period). Data obtained from the Annual Report and Annual Financial Report published by the Indonesia Stock Exchange for the 2016-2022 period. Based on the quota sampling method, 105 data were obtained from 15 textile and garment companies listed on the Indonesia Stock Exchange (BEI) for the 2018 - 2022 period. The analysis method uses panel data analysis, classical assumption testing and hypothesis testing. The research results show that: 1) profitability, liquidity, activity, capital structure and company size simultaneously influence financial distress, 2) profitability, liquidity, activity and company size partially have a negative and significant influence on financial distress 3) capital structure partially has a positive and significant effect on financial distress

Keywords: Profitability, Liquidity, Activities, Company Characteristics and Financial Distress