JAKTABANGUN: Jurnal Akuntansi dan Pembangunan
Vol. 2 No. 3 (2016): Jurnal Akuntansi dan Pembangunan

ANALISIS PREDIKSI KEBANGKRUTAN PADA PERUSAHAAN PERTAMBANGAN BATUBARADI BURSA EFEK INDONESIA PERIODE 2013-2015

STIE Lhokseumawe (Unknown)



Article Info

Publish Date
21 Nov 2022

Abstract

The purpose of this study is to predict the possibbility of bankruprtcy using Altman Z-Score Model in Coal Mining Companies listed in Indonesian Stock Exchange. This study uses analytical models Altman Z-Score to see how big the coal mining company bankruptcy prediction period 2013-2015. Calculating the each company's bankruptcy prediction on each totaling 19 companies. The data used in this study was obtained annual financial statements of coal mining companies listed in the Indonesia Stock Exchange. The analysis technique used is the bankruptcy Altman Z-score of four variables representing liquidity ratio (Xprofitability ratio (X), profitability ratio (X2 formula Z-Score = 6.56 X + 3.26 X 12) and solvency ratio (X3+ 6.72X+ 1.05X34.41). Produces the within the Z-Score assessment criteria > 2.60 is categorized as a very healthy company. 1.10 < Z- score < 2.60 are in gray areas so that the chances were saved and the possibility of bankruptcy as much depends on the company's management policy decisions as decision makers and Z-score < 1.10 is categorized category of financial distress and are at high risk so that the possibility of bankruptcy is very large. The study finds that there is the of financial condition in coal mining companies during the observation year. Bumi Resources Tbk is the company that has the largest possibbility of bankruptcy than others. This study also finds that the Altman Z-Score can be used to predict the possibbility of bankruptcy.

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Journal Info

Abbrev

jtb

Publisher

Subject

Economics, Econometrics & Finance Social Sciences Other

Description

JAKTABANGUN (Jurnal of Accounting and Development Economics) is a peer-reviewed journal that publishes research articles and theoretical articles in the fields of development economics, accounting, management and business. This journal provides open access which allows articles to be made freely ...