Economicus: Jurnal Ekonomi dan Manajemen
Vol. 16 No. 1 (2022): JUNI

PREDIKSI FINANCIAL DISTRESS DENGAN MENGGUNAKAN METODE ALTMAN Z”-SCORE, SPRINGATE, DAN ZMIJEWSKI PADA PT MATAHARI DEPARTMENT STORE TBK PERIODE 2018-2020

Zakaria Hamzah, Zeze (Unknown)
Ari Putri, Retnadinda (Unknown)
Herlina, Erna (Unknown)



Article Info

Publish Date
25 Jun 2022

Abstract

Financial Distress is a condition where the company’s finances are experiencing financial difficulties and are unable to meet various obligants (Hutabarat, 2021:27). This study aims to determine the level of corporate bankruptcy using the Altman Z”-score, Springate, and Zmijewski method analysisat PT Matahari Department Store Periode 2018-2020. From the result of these studies and measurements, it can be concluded that both of them predict PT Matahari Department Store as a compamy that is categorized as healthy in 2018 and 2019, and categorized as high risk of bankruptcy in 2020. Cause PT Matahari Department Store is categorized as a company those who are at high risk of going bankrupt are because of the pandemic Covid-19and the enactment of the PSBB policy so that it has an impact on a very dractic decline in the level of sales in 2020 as well as permanentand temporary store closures.

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Journal Info

Abbrev

economicus

Publisher

Subject

Economics, Econometrics & Finance Other

Description

Jurnal Economicus merupakan jurnal ilmiah yang diterbitkan oleh Sekolah Tinggi Ilmu Ekonomi (STIE) Dewantara yang memuat informasi hasil kegiatan penelitian dan gagasan konseptual di bidang ekonomi dan ...