JIMEKA
Vol 8, No 4 (2023): November 2023

ANALISIS Z-SCORE PADA SUBSEKTOR KONSTRUKSI BANGUNAN DI BURSA EFEK INDONESIA

Sa'adah, Lailatus (Unknown)
Fatiha, Ulan Supartini (Unknown)



Article Info

Publish Date
30 Nov 2023

Abstract

The purpose of this study is to recognize the potential for bankruptcy formation of building construction companies listed on the Indonesia Stock Exchange for the period 2018-2022. The position of construction companies listed on the Indonesia Stock Exchange between 2018 and 2022 is determined by this study using the Altman Z-Score approach. This type of research is quantitative. This study uses secondary data, namely the company's financial statements from 2018 to 2002. As a representative sample for this study, four companies selected were those that have published audited financial reports for the past five years on the Indonesia Stock Exchange. Altman Z-Score is used to estimate the likelihood of bankruptcy in this study. Calculations with the Z-Score formula can classify companies in three states, namely healthy, gray, and potentially bankrupt. The results show that the position of the four research samples is different. PT Adhi Karya Tbk, PT PP Tbk, and PT Wijaya Karya Bangunan Gedung Tbk are likely to experience bankruptcy, while PT Acset Indonusa Tbk is in a gray position.

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Journal Info

Abbrev

EKA

Publisher

Subject

Economics, Econometrics & Finance Social Sciences Other

Description

Subjek area penelitian yang masuk kedalam ruang lingkup dan cakupan Jurnal Ilmiah Mahasiswa Ekonomi Akuntani (JIMEKA) adalah sebagai berikut: Islamic accounting Public sector accounting Auditing Capital market Accounting information system International accounting Accounting theory Financial ...