Jurnal Ilmiah Akuntansi Keuangan dan Bisnis
Vol 3, No 2 (2024): Jurnal Ilmiah Akuntansi Keuangan dan Bisnis (JIKABI) - NOVEMBER

Penerapan Altman Z-Score Modifikasi Dalam Memprediksi Kebangkrutan PT Matahari Department Store Tbk Periode 2018-2022

Sari, Putri Adita (Unknown)
Nurlinda, Nurlinda (Unknown)



Article Info

Publish Date
04 Dec 2024

Abstract

This final report is entitled “The Implementation of Altman Z-Score Modification in Predicting Bankruptcy PT Matahari Department Store Tbk for the period of 2018-2022”.The purpose of this final report is to determine the prediction of bankruptcy at PT Matahari Department Store Tbk for the 2018-2022 period using the Altman Z-Score method. The population of this final report is the financial statements of PT Matahari Department Store Tbk and the sample of this final report is the financial statements of PT Matahari Department Store Tbk for the period 2018-2022. The type of data used is quantitative data and the data source used is secondary data. Data collection techniques use documentation from financial statements published through www.matahari.com website. Data processing techniques using the Altman Z-Score Modification formula with descriptive statistics analysis techniques. Based on the results of data processing, the Z-Score result in 2018 was 6,498; in 2019 it was 6.8738; the year 2020 was -0.1909; in 2021 it was 3.4049; Year 2022 is 3.4933. Based on data analysis, it can be concluded that PT Matahari Department Store Tbk for the 2018, 2019, 2021, and 2022 periods is included in the safe zone because the standard assessment indicator is Z 2.6, while in 2020 it is included in the dangerous zone indicator because the Z-Score value is at Z 1.1.

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Journal Info

Abbrev

jikabi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ilmiah Akuntansi Keuangan dan Bisnis (JIKABI) is focuses on the publication of the results of scientific research related to fields. This article is published in the internal and external academic community of the University of Medan Area (UMA), especially in the field of Accounting and ...