Abstract

<em>Corporate bankruptcy can be seen from the performance of the company's financial statements. The purpose of this study is to find out how the performance of companies with suspension status in 2018 from January to October in the Indonesia Stock Exchange with 2016-2017 financial statement research. There are 13 companies that have suspension status in 2018 and still publish their financial statements between 2016-2017. The detection tool used in this study is the modified Altman Z-score Multiple Discriminant Analysis. With the results of this study there are six companies in healthy positions in two years between 2016-2017, five companies in bankruptcy positions, one company with the first year in a healthy position while the second year going bankrupt, and one company experiencing bankruptcy in the first year and grey area in the second year.</em>

Highlights

  • The purpose of this study is to find out how the performance of companies with suspension status in 2018 from January to October in the Indonesia Stock Exchange with 2016-2017 financial statement research

  • Analisis Prediktor Kebangkrutan Terbaik dengan Menggunakan Metode Altman, Springate, dan Zmijewski pada Perusahaan Delisting dari Bursa Efek Indonesia Tahun 2012 (Studi Laporan Keuangan Tahun 2007-2011)

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Summary

AIMS

Data tersebut menunjukkan tujuh perusahaan dari 13 perusahaan sampel yang diteliti mengalami penurunan aktiva, yaitu PT Indonesia Prima Property, Tbk.; PT Indo-Rama Synthetics, Tbk.; PT Bara Jaya Internasional, Tbk.; PT Cakra Mineral, Tbk.; PT Tiga Pilar Sejahtera Food, Tbk.; PT Sekawan Intipratama, Tbk.; dan PT Akbar Indo Makmur Stimec, Tbk. Perusahaan yang mengalami peningkatan total aktiva adalah lima perusahaan, yaitu PT Golden Energy Mines, Tbk.; PT Borneo Lumbung Energi & Metal, Tbk.; PT Bank of India Indonesia, Tbk.; PT Alfa Energi Investama, Tbk.; PT Intermedia Capital, Tbk., sedangkan satu perusahaan yaitu PT Toba Pulp Lestari, Tbk. memiliki total aktiva yang stabil

Perhitungan Variabel
Hasil Perhitungan Z”
Full Text
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