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Journal : Kompak : Jurnal Ilmiah Komputerisasi Akuntansi

Analisis Metode Springate Dalam Memprediksi Kebangkrutan Pada Perusahaan Asuransi Yang Terdaftar  di BEI Purwantoro, Aletha Kevina Putri; Nadia, Ananta Arta; Anggraeni, Dwi; Alamsyah, Naditha Ersa Auryn; Ramadhan, Yanuar
Kompak :Jurnal Ilmiah Komputerisasi Akuntansi Vol. 18 No. 2 (2025): Kompak : Jurnal Ilmiah Komputerisasi Akuntansi
Publisher : Universitas Sains dan Teknologi Komputer

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51903/kompak.v18i2.2901

Abstract

Unstable financial conditions in insurance companies can serve as an early indicator of potential bankruptcy, which may have wide-ranging impacts on policyholders, shareholders, and the overall stability of the financial sector. Therefore, early detection of bankruptcy risk is critically important. This study aims to evaluate the effectiveness of the Springate model in identifying potential bankruptcy among insurance companies listed on the Indonesia Stock Exchange during the 2022–2024 period. The Springate model was chosen due to its simplicity and its ability to provide quantitative insights into a company's financial condition. Data were collected from the annual financial statements of 16 companies selected through purposive sampling based on the completeness and consistency of their financial reporting. The model applies the S-Score calculation as the basis for classifying companies into financial distress or non-financial distress categories. The analysis revealed that six companies consistently exhibited signs of financial difficulty, with three of them identified as being in a state of financial distress for three consecutive years. Meanwhile, the other ten companies demonstrated stable and healthy financial conditions throughout the observation period. These findings indicate that the Springate model is reasonably practical as an early detection tool for bankruptcy risk, particularly in the insurance sector, which is influenced by various internal factors such as risk management, as well as external factors like economic fluctuations and government regulations. Therefore, this model can be utilized as a decision-support tool for both management and investors in making strategic financial decisions.
Co-Authors A.F., Safiani A.S., Barlia ACHMAD RIFAI Adiba, Rizqi Hasna Afiffah, Junita Nur Ahmad, Ardian Alamsyah, Naditha Ersa Auryn Andika, Dade Andika, Dede Andreas, Kresencia Yolanda Aqila Hanna Latifa Ar Rasit Arethusa, Dicky Andreas Arifin, M Rais Arihta Hosiana, Felicia Aritha, Teresia Sri Aritonang, Ramona Ariza, Dani Arnanda, Rifky Arya Artib, Shadiqy Arzeta, Davina Atthariq, Muhammad Audy Laura Gladisya Ayu Anggia, Bunga Budiani, Selsa Mahfuza Cahayani, Wike Astrid Camelia, Madya Caprina, Tiffany Carlo, Ronald Caroline, Stefany Damayanti, Alia Sri Daniel Daniel Danuri, Heri Danut, Yohana Darmatika, Winingtias Daulay, Agung P. Diva Syabila, Artana Dwi Anggraeni Dwi Septiani Edi Hamdi Endang Ruswanti Erick Ferdiawan, Erick Ernawati Ernawati Erry Yudhya Mulyani Erwan Baharudin Fajri , Fuad Faqieh Akbar, Muhamnad Faradila, Nazwa Hana Fauzan, Alfian Kurnia Fauzi, Alamin Felix Gunawan Fernandez, Azizah Firdaus, Yulitha Gaus, Muh Giovany, Kenny Gunawan, Wawan Iwan Gunawan, Yakub Harahap, Hanna Meyrani Hariyantob, Bryan Michael Haryanto Prakasa, Agris Hendra Kusuma, Helmy Hendrani, Ai Henry Arianto Heriyanti Heriyanti, Heriyanti Herman Prasetyo Hilmy, Mohamad Reza Hilmy, Mohammad Reza Hutabarat, Alexander Romulo Indah Permatasari, Lydia Irdan, Irdan Irianto, Hengky Prabowo Iryanto, Nadya Adella Isnaeni, Wirdatul Jarot, Haryanto Jaya, Saprilido Josephin Cornellius Jusat, Idrus K., Yosefin K.M., Novera Karimah, Armitha Lisanul Karnando, Joni Khayah, Bintaya Zahriati Komala, Sefrilia Sandra Kumala, Ratna Dewi Kurnianingsih, Nia Kusumapradja, Rokiah Laelani, Sofi Nur Eka April Laksono, Sherli Suci Lalenoh, Susan Laurent, Agnes Fanny Leasa, Merlisye Lisbeth, Nency M Safari, Jenjen M. Natsir Nugroho, M. Natsir Madjid, Suhirman Maharani, Novera K. Malika, Ghina Wafa Martin, Boyke Mawarda, Mei Iftita Mayshandi, Justin Melia Cahyanti, Ichtiar Metyasari, Dewi Monica Chandra Muallifah, Siti Muharom, Ahmad Muhonis, Daniel Ananda Mukti, Chitra Munawaroh, Faridatul Nadia, Ananta Arta Natsir Nugroho, Muhammad Nazruddin Safaat H Nofierni, Nofierni Nur Haristi, Alifia Nurhaliza, Novia Dewi Siti Nusa Bangsa, Ikrar Octaviani Lubis, Rima Oktavia, Sella Ona Delang, Teresa Parlin, Kristina Pauru', Wilson Permatasari, Wan Variani Prakoso, Daniel Satrio Pribadi D, Yanuar Pricilla, Olivia Purwantoro, Aletha Kevina Putri Putra, Jusintri Putra, M Diarama Kurnia Putri R, Septy Putri, Chesterita Putri, Mulia Rachmiaty Putri, Mutiara Ramadhona Qamar, Syam Sawal Rahmadiani, Ulfa Siti Rahman, Fadillah Aditya Ramadhaningsih, Devi Ramdani, Novi Afriyani Ramzy, Wahyu Restuningsih, Cita Ridhovan, Andreanov Rismayani, Maya Rodiah, Sinten Wanti Rosadi, Rizky Meydina Viersha Rosdiana Rosdiana Rosianwar, Ajeng Kusuma Roviuddin, Roviuddin Sabrina , Salya Widya Samuel, Binsar Sandrawati, Agnes Sandy Sandy Saptaningsih, Agusdini Banun Saptari, Dhany Sarumaha, Lutgardis H. Y. Sihalolo, S. Wolker Sinaga, Emma Siswanti Sulim, Dewi Sopianti, Yusi Stevu Denito, Steven Subagyo, Imam Suherman, Ruben Sulistiawati Sulistiawati Sunardi, Adisty Aulia Kamarani Sunardi, Dadi Sunjaya, Robi Susetiawan, Teguh Swandana, Yanuar Ajie Syalsha Aisya Fasha Syukriati, Selviana Talaohu, Alma P. Tambunan, Nessa Agustina Tantri Yanuar Rahmat Syah TEGUH PRAYITNO Tjandra, Clarissa Toruan, Melfa Lamria B. L. Tuti Alawiyah Vega, Shanro Mayra Vicky Firmansyah, Muhammad Wahono, Agung Tri Wahyuni Dian Purwati Widiawati, Lenny Widy Maulana Iqbal Widyanto, Ilham Aditya Wijaya, Silvie Adistiana Wijaya, Suryanto Wongso, Stevanus Bram Mario Wulandari , Gustina Yani Ariwibowo Yasin, Fahri Hananto Yasmina Amalia, Yasmina Yudhantara, Dearisa Surya Yulita, Wita Yusnaini Yusnaini Zega, Yosua ‘Aisy, Nabilah Rohadatul