Accounting and Business Journal
Vol 2 No 2 (2020): ACCOUNTING AND BUSINESS JOURNAL

IMPLEMENTATION OF ALTMAN Z-SCORE IN PREDICTING PT BANK SUMUT'S SUSTAINABILITY

Simatupang, Eva Malina (Unknown)



Article Info

Publish Date
07 Oct 2020

Abstract

This research was conducted to determine and analyze the risk of bankruptcy of the company PT BankSUMUT according to the Altman Z-Score. The population in this study is the financial statements of PTBank SUMUT and the sample in this study is the financial statements of PT Bank SUMUT for 2017 -2019. The type of data used is secondary data and the data collection techniques used are documentationfrom financial reports published through the www site. banksumut.co.id. The data processing techniqueuses the Altman Z-Score modification method. Based on the results of data processing, the 2017 Z-Scorewas 1.57; the year 2018 is 1.63 and the year 2019 is 1.19. Based on the results of data analysis, it can beconcluded that PT Bank SUMUT is in a gray zone because the standard value is at 1.1 <Z-Score <2.6and PT.

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Journal Info

Abbrev

Accountingandbussinessjournal

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education

Description

The aim of this journal publication is to disseminate the conceptual thoughts or ideas and research results that have been achieved in the area of accounting Behavioural Accounting Financial Accounting Management Accounting Auditing Behavioral Finance Islamic finance Sharia Accounting Accounting ...