Abstract

This research conducted to determine the health of companies that are delisting from Jakarta Islamic Indes in 2018 used financial distress analysis. The data used in this research is secondary data taken from the Indonesia Stock Exchange website (www.idx.co.id). This research using Altman Z-Score method. the results of this research show that of the 5 companies included in the sample assessed from the financial statements for 2014-2017, there are 3 companies that are in an unhealthy condition or experience financial distress with a Z-Score below 1,81 and there are 2 companies that are in a good or healthy conditions with a Z-Score more than 2,675. Keywords: Financial Distress, Delisting, Altman Z-Score Method

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