JRMB (JURNAL RISET MANAJEMEN & BISNIS)
Vol 8, No 2 (2023): November

Analisis Financial Distress dengan Menggunakan Metode Altman Z-Score pada PT. Cahaya Bintang Medan Tbk

Hafiza, Hafiza (Unknown)
Suprayitno, Eddi (Unknown)
Lubis, Farida Khairani (Unknown)



Article Info

Publish Date
07 Jun 2024

Abstract

This research aims to determine and analiyze the Altman Z-Score mothod in assessing the level of bankruptcy PT. Cahaya Medan Tbk for The 2018- 2021 period and to provide evidence that the altman Z-score method is effectively used in assessing the level of company bankruptcy with a relatively reliable level of precision and accuracy at PT.Cahaya Bintang Medan Tbk for the 2018-2021 period. The type of research used is quantitative descriptive analysis, namely by collecting, clarifying, analyzing and interpreting data obtained from the company so that it can provide a picture of the actual situatuin the calculation technique used in this reseatch is the Altman Z-Score model formula. Based on the results of calculations using the modified Altman Z-Score method from the 2018-2021 period, it shows that PT. Cahaya Bintang Medan Tbk is in the safe zone or safe because the average Z-Score value is above 2,60 or Z2,60

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Journal Info

Abbrev

JRMB

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

JRMB (Jurnal Riset Manajemen & Bisnis) adalah forum diseminasi ilmu bisnis multi-disiplin yang bertujuan untuk menjembatani ilmu dan praktik manajemen dan kewirausahaan di Indonesia. JRMB (Jurnal Riset Manajemen & Bisnis) menerbitkan hasil-hasil penelitian yang berdampak tinggi terhadap teori dan ...