Financial distress is a condition that describes the state of a company that is experiencing financial difficulties, it means the company in a position that is not safe from the threat of bankruptcy or failure of the company's business. Financial distress occurs when a company is experiencing financial difficulties that can be caused by various reasons. This study aimed to determine the effect of liquidity, leverage, managerial ownership and institutional ownership to financial distress.Â Â Â Â Â Â Â Â Â Â Â Â Â Â The population in this study are all manufacturing companies listed in Indonesia Stock Exchange in 2013-2015. The research sample was determined by using purposive sampling and obtained 63 samples of the study. Data analysis technique used is logistic regression. The results showed that the variables of liquidity, leverage, managerial ownership and institutional ownership has no effect to financial distress with level of significance respectively 0.643, 0.096, 0.168, and 0.164.