SCIENTIA JOURNAL : Jurnal Ilmiah Mahasiswa
Vol 2 No 1 (2020)

ANALISIS PREDIKSI KEBANGKRUTAN MENGGUNAKAN MODEL ALTMAN Z-SCORE PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Diana, Diana (Unknown)
Harahap, Baru (Unknown)



Article Info

Publish Date
20 Oct 2020

Abstract

This research aims to determine the potential of bankruptcy by using Altman Z-Score model in textile and garment company listed on Indonesia Stock Exchange period 2015- 2019. In this study used a quantitative descriptive approach. This research uses the Purposive sampling method by assigning certain criteria in selecting research samples so that 6 companies are made samples. The data collection techniques used are the documentation and the analytical techniques used are models of the Altman Z-Score modifications. The equation of the Altman Z-Score model is Z"=6,56 X1 + 3,26 X2 + 6,72 X3+ 1,05 X4. Then classified into the category of not going bankrupt, gray areas and going bankrupt based on the cut-off value of the Z-score altman model namely: If Z is greater than 2.60 then the company is categorized as not bankrupt, if Z is between 1.1 and 2.60 then the company including the gray area category if Z is less than 1.1, the company is bankrupt. The results showed that there were 2 companies that were predicted to be potentially bankrupt, 2 companies that were predicted in gray or prone to bankrupt conditions, and 2 companies that were predicted to be in not bankrupt or healthy conditions.

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Journal Info

Abbrev

scientia_journal

Publisher

Subject

Humanities Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice

Description

SCIENTIA JOURNAL Merupakan Jurnal Mahasiswa Universitas Putera Batam Fakultas Ilmu Sosial dan Humaniora. Jurnal ini untuk mewadahi makalah hasil penelitian mahasiswa Pada Bidang Ilmu Manajemen, Akuntansi, Ilmu Hukum, Administrasi Negara, Ilmu Komunikasi dan Sastra. Diharapkan dengan adanya SCIENTIA ...