Tena, Marselina Barek (2023) Analisis Prediksi Kebangkrutan Perusahan dengan Menggunakan Model Altman Z- Score (Studi Kasus pada PT. Indofood Sukses Makmur Tbk). Undergraduate thesis, Fakultas Ekonomi dan Bisnis Universitas Merdeka Malang.

Preview	Text HALAMAN AWAL.pdf Download (1MB) | Preview
Preview	Text BAB I.pdf Download (143kB) | Preview
	Text BAB II.pdf Restricted to Repository staff only Download (220kB)
	Text BAB III.pdf Restricted to Repository staff only Download (138kB)
	Text BAB IV.pdf Restricted to Repository staff only Download (386kB)
	Text BAB V.pdf Restricted to Repository staff only Download (43kB)
Preview	Text DAFTAR PUSTAKA.pdf Download (37kB) | Preview

Abstract

The food and beverage industry is an important and influential sector for Indonesia's economic growth and is one of the companies that is classified as able to survive in times of global competition and does not affect the movement of the macroeconomic situation or business conditions in general because the smooth running of food and beverage products will remain guaranteed because the product is a staple of the community which tends to be more stable than other industrial products. This study aims to analyze predictions of company bankruptcy using the Altman Z-Score method at PT Indofood Sukses Makmur Tbk for the 2017-2021 period which is listed on the Indonesian stock exchange.The data used in this study uses secondary data, the data analysis technique used is the analysis of company bankruptcy prediction using the Altmn Z-Score method using 5 variables representing the liquidity ratio X1, profitability X2 and X3, activity X4 and X5. With the formula: Z-Score = 0.717X1 + 0.847X2 + 3.107X3 + 0.420X4 + 0.998X5. With the Z-Score assessment criteria > 2.9 it is categorized as a very healthy company. 1.23 < Z-Score < 2.9 is in the gray area so that it is categorized as a company that is likely to be saved and is likely to go bankrupt just as much depending on the policy decisions of the company's management as the decision maker. Z-Score < 1.23 categorized as a company whose financial condition is very difficult and has a high risk so that the probability of going bankrupt will be the same.The results of this study indicate that the company's financial condition for the 2018-2019 period is in a safe condition or the company's financial position is in a healthy condition. Meanwhile, for the 2017, 2020 and 2021 periods the company's financial condition is in a condition that cannot be predicted which is designated by the Z-Score value being between a value of 1.23-2.9 so that in general it can be concluded that the company's finances for PT Indofood Sukses Makmur Tbk for the 2017-2021 period are not in a state of bankruptcy or financial distress but the financial condition is also in an unhealthy condition or in a gray area.

Actions (login required)

View Item