INTERACTION: Jurnal Pendidikan Bahasa
Vol 10 No 2 (2023): INTERACTION: Jurnal Pendidikan Bahasa

Financial Distress Analysis using The Altman Z – Z-Score Method in Hotel Companies Listed on The Idx

Murwani Wulansari (Universitas Bina Sarana Informatika)

Article Info

Publish Date
07 Oct 2023

Abstract

The purpose of this study was to determine the business continuity of PT. Eastparc Hotel Tbk, PT. Bukit Uluwatu Village Tbk and PT. Hotel Sahid International Tbk uses secondary data as financial statements for 2019 – 2021. This study uses the Altman Z Score method, which is one method for assessing a company's bankruptcy. The covid 19 pandemic caused a significant decrease in performance at PT. Bukit Uluwatu Village Tbk Z. Z Score PT. Bukit Uluwatu Village Tbk in 2020 was -2.91, it decreased from 0.35 in 2019. Such conditions indicate that PT. Bukit Uluwatu Village Tbk experienced financial distress

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Journal Info
INTERACTION: Jurnal Pendidikan Bahasa
Website

Abbrev

jurnalinteraction

Publisher

Universitas Pendidikan Muhammadiyah Sorong

Subject

Education Languange, Linguistic, Communication & Media

Description

Interaction Journal (p-ISSN 2406-9558 e-ISSN 2406-9566) is a twicely published by Education University of MUhammadiyah ((UNIMUDA) Sorong, West Papua, Indonesia, in the month of Mey and October. This journal is dedicated to fullfill the publishing need of the researcher in English Teaching and ...