This research aimsto predictthe possibility offinancial distresswith springatemodel measured
throughthe ratio ofworking capitalto total assets, netprofitbefore interestandtaxesto total assets, net
profit before taxes to current liabilities, and sales to total assets.The research methoduses
destriptifanalysis method. The unitof analysisare sixcompanies included in thefood&
beveragesindustrylistedin the Indonesian Stock Exchangeduringthe period of 2009-2012. Sampling
usingthe purposive sampling method. The results showedthat the averageduring the observation
period, the only onecompaniescategorized asexperiencingfinancial distress, andfive companiesare
categorizedin a healthy state.