Analisis Kebijakan Keuangan Jangka Panjang (Studi Kasus Pada Perusahaan PT. Multistrada Arah Sarana, Tbk)

Naland, Harley
Sukartaatmadja, Iswandi

Jurnal Ilmiah Manajemen Kesatuan
Vol 7 No 2 (2019): JIMKES Edisi Agustus 2019

PT Multistrada Arah Sarana, is one of the companies from Indonesia whose products have met the needs of both domestic and overseas. However, in the past 5 years, the company which is often abbreviated as MASA has experienced a decline in sales which has an impact on Indonesia's economic condition. This study is intended to look at what factors cause a decline of the MASA company by looking at the data within a period of 5 years. Based on the Z-score analysis for the years 2012-2016 obtained a result of 1.80, meaning that it is predicted that MASA has the risk of bankruptcy for some future periods.