Analisis Tingkat Kebangkrutan Dengan Menggunakan Metode Altman Z-Score, Springate Dan Internal Growth Rate Pada Pt Bentoel Internasional Investama Tbk

Juhli Edi Suranta Simanjuntak, Meri Aziana, Tommy Munaf

Abstract


This study aims to determine how the level of bankruptcy at PT Bentoel Internasional Investama Tbk from 2016 to 2020 using the Altmatn Z-Score, Springate, and Internal Growth Rate methods. Companies, investors and creditors are expected to consider the results of this analysis. The type of research used in this research is descriptive research, in predicting bankruptcy the researcher uses multivariate analysis. This study uses secondary data from the company's financial statements listed on the Indonesia Stock Exchange. To measure financial performance, researchers analyzed the ratios contained in the three models.The results of the analysis of the company's bankruptcy rate using the Altman Z-Score method in 2016 were the company was in the "not bankrupt" category while for 2017, 2018, 2019 the company was in the "grey area" category and in 2002 the company was categorized as "bankrupt". The results of the analysis of the bankruptcy rate as measured by the springate method show that in 2016 and 2020 the company was categorized as "bankrupt" and for 2017, 2018 and 2019 the company was categorized as "not bankrupt". For the results of measuring the bankruptcy rate using the Internal Growth Rate method in 2016, 2017, 2018 and 2019 the company was categorized as "bankrupt" and for 2020 the company was included in the "not bankrupt" category.

Keywords


Bankruptcy, Altman Z-Score, Springate, Internal Growth Rate

Full Text:

PDF

References


Hery, S.E.,M.Si.,CRP.,RSA,2017. Analisis laporan keuangan. Jakarta PT Grasindo

Irfan fahmi, S.E.,M.Si.2020. Analisis laporan Keuangan. Alfabeta,cv

Irfan fahmi, S.E.,M.Si.2020. Analisis laporan Keuangan. Alfabeta,cv

Hery.2017. kajian riset akuntansi. Jakarta: PT Grasindo

Irfan fahmi, S.E.,M.Si. 2018. Analisis Kinerja Keuangan panduan bagi keuangan. Alfabeta, cv

fahmi, S.E.,M.Si.2020. Analisis laporan Keuangan. Alfabeta,cv

Adnan, H., & Arisudhana, D. (2019). Analisis Kebangkrutan Model Altman Z-Score Dan Springate Pada Perusahaan Industri Property. Journal of Chemical Information and Modeling, 53(9), 1689–1699.

Agung, Y., Putra, P., Purnamawati, I. G. A., & Sujana, E. (2017). FINANCIAL DISTRESS PERUSAHAAN MANUFAKTUR YANG e-journal S1 Ak Universitas Pendidikan Ganesha. 1.

Dewi, SE., Ak., M.Ak., CA, H. P., & Fadilah, I. (2019). Analisis Rasio Keuangan Dengan Metode Altman Z-Score Dan Springate Untuk Memprediksi Kebangkrutan Pada Pt Southern Tristar Tahun 2012 – 2016. Jurnal Akuntansi Dan Bisnis Krisnadwipayana, 6(2), 9–20. https://doi.org/10.35137/jab k.v6i2.279

Di, T., & Periode, B. E. I. (2018). Perusahaan Property Dan Real Estate Yang. 5(1), 1–14. Ekonomi, M. S. (2016). Media Studi Ekonomi Volume 19 No. 2, Juli Desember

Fadhila, A. N., & Ratnasih, C. (2017). Pengaruh Piutang Usaha dan Biaya Operasional Terhadap Laba Usaha Pada PT.Nusantara Citra Terpadu. Jurnal Akuntansi, 11(1), 87–104. https://ejournal.borobudur.a c.id/index.php/akuntansi/arti cle/view/361

Ginanjar, C. (2015). Pengaruh Internal Growth Rate dan Sustainable Growth Rate Perusahaan dan Kinerja keuangan Perusahaan. 17–45.http://repository.unisba.ac.id :8080/xmlui/handle/123456 789/3240

Gunawan, A. (2019). KEMASAN YANG TERDAFTAR DI BURSA EFEK INDONESIA. 10(2), 109–115.

Hutahuruk, M., & Kuning, U. L. (2017). Analisis Potensi Kebangkrutan Menggunakan Model Altman ’ s Z -Score dan Model Springate serta Pengaruh Kinerja Camel terhadap Model Altman ’ s Z -Score dan Model Springate pada Bank Umum Syariah yang Terdaftar di Bursa Efek Indonesia ( Marice Hutahuruk ). 1(4), 408–426.

Kurniawati, S. (2017). Analisis Kebangkrutan dengan Model Altman Z-Score pada Perusahaan Sektor Industri Dasar dan Kimia di Bei Periode 2013-2014. Jurnal

STEI Ekonomi, 26(01), 136–163. https://doi.org/10.36406/jem i.v26i01.200

Masyitah E & Kahar H. (2018). Analisis Kinerja Keuangan Menggunakan Rasio Likuiditas Dan Profitabilitas. Jurnal Akuntansi Dan Keuangan Kontemporer, 14(1), 46.

Menggunakan, D., & Altman, M. (2014). ANALISIS KEBANGKRUTAN DENGAN MENGGUNAKAN MODEL ALTMAN (Z-Score) Studi Perusahaan Telekomunikasi Pasaman Silaban. XVIII(03), 322–334.




DOI: http://dx.doi.org/10.37905/aksara.8.3.2245-2254.2022

Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Aksara: Jurnal Ilmu Pendidikan Nonformal

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Publisher:
Magister Pendidikan Nonformal Pascasarjana Universitas Negeri Gorontalo
Jl. Soedirman No. 06 Gorontalo 96128 e-mail: jurnalaksara@ung.ac.id
http://ejurnal.pps.ung.ac.id