Analisis Prediksi Kebangkrutan Menggunakan Metode Altman Z-Score Pada PT. Sri Rejeki Isman Tbk Tahun 2013-2022
Keywords:
Financial Report, PT. Sri Rejeki Isman Tbk, Bankruptcy, Altman Z-ScoreAbstract
The Altman Z-Score method is used in this research to determine the level of bankruptcy of PT. Sri Rejeki Isman Tbk from 2013 to 2022. Secondary data used in this research is in the form of company financial reports. In this research the data source was obtained from the financial reports of PT. Sri Rejeki Isman Tbk is listed on the Indonesia Stock Exchange (BEI). The five variables used in the Altman Z-Score method are working capital/total assets (X1), retained earnings/total assets (X2), earnings before interest and taxes/total assets (X3), and sales/total assets (X5). The results of this research indicate that the Altman Z-Score method can be applied to predict the possibility of company bankruptcy. The results of this analysis show that PT. Sri Rejeki Isman Tbk is predicted to experience bankruptcy in 2021-2022. This is indicated by the Z-Score value being below 1.8, which means that financial difficulties are very large and the risk is high. In 2018-2020 the company is predicted to be prone to bankruptcy and is marked with a value of 1.81 < Z-Score < 2.99.
References
Ardiwinarta, I., Pamulang, U., Dewi, N. A., Pamulang, U., Sunardi, N., Pamulang, U., Manajemen, M., Pamulang, U., & Selatan, T. (2023). Analisis Prediksi Kebangkrutan Dengan Menggunakan Metode Altman Z- Score Pada PT . Wijaya Karya ( Persero ) Tbk. Jurnal Nuansa: Publikasi Ilmu Manajemen Dan Ekonomi Syariah, 1(4).
Octavia, K. P., Rosdianti, N., & Mardiana, E. (2022). Analisis Prediksi Kebangkrutan Dengan Metode Altman Z-Score Pada PT. Kimia Farma Tbk Periode 2016-2021. EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi, 2(1), 268. https://doi.org/10.58487/akrabjuara.v7i4.1958
Susilawati, E. (2019). Analisis Prediksi Kebangkrutan Dengan Model Alman Z-Score Pada Perusahaan Semen yang Terdaftar di Bursa Efek Indonesia Periode 2012-2018. Jurnal Akuntansi Dan Keuangan, 2(1), 10. https://doi.org/10.36448/jak.v9i1.999
Utami, T. W., & Hardana, A. (2022). Analisis Prediksi Kebangkrutan dengan Menggunakan Metode Altman Z-Score pada PT. Indofood Sukses Makmur, Tbk. SOSMANIORA (Jurnal Ilmu Sosial Dan Humaniora), 1(4), 399–404. https://doi.org/10.55123/sosmaniora.v1i4.1116
Yusril, M., Muhdin, & Kusmayadi, I. (2023). Analisis Prediksi Kebangkrutan Dengan Model Altman Z-Score PAda Perusahaan Sub Sektor Perhotelan yang Terdaftar di Bursa Efek Indonesia Periode 2017-2021. Jurnal Keuangan Jurusan Manajemen Fakultas Ekonomi Dan Bisnis Universitas Mataram, 1(3), 58–65.
