Liquidity: Jurnal Riset Akuntansi dan Manajemen
Vol 8 No 1 (2019)

Analisis Komparasi Potensi Kebangkrutan Perusahaan Ritel di Indonesia dengan Metode Altman Z-Score, Springate, dan Zmijewski

Annisa Aulia Puspa Anggraeni (Universitas Telkom)
Palti MT Sitorus (Universitas Telkom)



Article Info

Publish Date
13 May 2019

Abstract

The retail industry or retail trade experienced a slowdown in growth in early 2013 due to the weakening of the rupiah exchange rate, rising prices of raw materials, and the emergence of e-commerce that prevented the retail industry from developing. The impact is some retail companies closed their stores in 2017, so it can be caused bankruptcy. This study aims to determine the bankruptcy potential of 17 retail companies listed on the Indonesia Stock Exchange for the period 2012-2017 using Altman Z-score, Springate, and Zmijewski methods. The result is Altman Z-Score method has an accuracy rate of 33.3% in predicting bankruptcy. The Springate method has an accuracy rate of 63.6%, and the Zmijewski method has an accuracy rate of 61.1%. It means that in predicting the bankruptcy of a retail company, Springate method has the highest level of accuracy.

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Journal Info

Abbrev

LQ

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Liquidity adalah jurnal yang diterbitkan oleh Institut Teknologi dan Bisnis Ahmad Dahlan Jakarta, dikhususkan bagi artikel ilmiah hasil penelitian bidang akuntansi dan manajemen perusahaan ...