Jurnal Analisis Bisnis Ekonomi
Vol 16 No 2 (2018)

DETEKSI KRISIS KEUANGAN PERUSAHAAN SEKTOR PERBANKAN DI INDONESIA

Dati, Qidida Sela (Unknown)
Mirzayatiq, Kholisa (Unknown)
Fitriana, Citra Agis (Unknown)
Raharja, Bayu Sindhu (Unknown)



Article Info

Publish Date
30 Oct 2018

Abstract

Altman Z-Score is a method of scoring bankruptcy. The bankruptcy prediction method that will be used in this study is the Altman Z-Score method that is in accordance with the financial ratios which also have a cut-off point to determine the value of bankruptcy. This study uses five ratios, that is Capital Adequacy Ratio (CAR) to the Asset Sector (X1), Earnings Balance on Total Assets (X2), EBIT to Total Assets (X3), Market Value of Debt Book Value (X4), and Interest Income on Total Assets (X5). This research is a descriptive study conducted on 32 banks listed on the Indonesia Stock Exchange. Financial reports for 2013-2016 Taken from the official website of the Indonesia Stock Exchange (IDX) and the Indonesian Capital Market Directory (ICMD) then bankruptcy analysis is used the Altman Z-Score modification model. Based on the results of research and discussion that has been carried out, it can be concluded from 2013-2016 that banks in a healthy condition is 22.66%, banking in gray areas or gray is 34.38%, and bankrupt is 42.97 %.

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Journal Info

Abbrev

bisnisekonomi

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Aim: Jurnal Analisis Bisnis Ekonomi (JURBE) ISSN 2579-647X is a scientific journal of bussiness and economic managed by Universitas Muhammadiyah Magelang. Jurnal Analisis Bisnis Ekonomi (JURBE), an electronic journal, provides a forum for publishing the original research articles, review ...