Altman Altman Z-Score Analysis Model On Potential Bankruptcy At PT Permodalan Nasional Madani In 2017-2021: Altman Z-Score Analysis Model On Potential Bankruptcy At PT Permodalan Nasional Madani In 2017-2021

Putri, Bimby Maulita Perdana
Marsono, A. Dewantoro

ADPEBI International Journal of Business and Social Science
Vol. 3 No. 2 (2023)

The rapid development of the business world makes company management need to develop a company plan or strategy in order to achieve its goals and the company is able to move quickly to anticipate existing changes. The government's target to increase the number of NoA to 20 million customers in 2024 is not easy. This study aims to determine the value of financial ratios and prove the results of the Altman Z-Score Analysis Model on the potential bankruptcy of PT Permodalan Nasional Madani. This study used a quantitative descriptive approach using Altman Z-Score Modification calculation. The analysis used is the Financial Statements of PT. Permodalan Nasional Madani with samples of Financial Statements from 2017-2021. Data collection techniques are carried out by collecting data based on past data and conducting literature studies by searching library sources. The results showed that there was no potential for bankruptcy in PT Permodalan Nasional Madani based on the analysis of the altman Z-Score from 2017-2021