The purpose of this study is to analyze the effect of debt equity ratio (DER), gross profit margin (GPM), net profit margin (NPM), Time Interest Earned (TIE) and current ratio (CR) to probability bankruptcy in Indonesia’s coal mining company for period 2016 to 2018. This research use model panel data to estimate coefficient model. The results obtained that gross profit margin, EBIT / Interest and Current Ratio have significantly affecting probability bankruptcy. While the debt equity ratio and net profit margin did not have significant to affect the probability of bankruptcy in Indonesia’s coal mining company that listed on the Indonesia Stock Exchange. | Analysis of the effect of financial ratios to probability default of Indonesia s coal mining company
