METODE ALTMAN Z-SCORE: ANALISIS LAPORAN KEUANGAN DALAM MEMPREDIKSI FINANCIAL DISTRESS PERUSAHAAN MAKAN DAN MINUMAN YANG TERDAFTAR DIBURSA EFEK INDONESIA TAHUN 2018-2020

  • Meta Putri A Universitas 17 Agustus 1945 Surabaya
  • Made Rekma Adi Maheswari Universitas 17 Agustus 1945 Surabaya
  • Dina Octavia P Universitas 17 Agustus 1945 Surabaya
Keywords: Altman’s Z-score, bankruptcy, Financial Statement

Abstract

The impact of the Covid-19 pandemic on food &beverages industry companies is the government's advice not to leave the house and prohibit eating in all restaurants greatly affects the Food &Beverages industry. The decline in profit growth was felt by food and beverage companies. The purpose of the study was to analyze and interpret the bankruptcy method with Altman's Z-score. The population in this study was 26 food and beverage sub-sector manufacturing companies and samples were taken purposively to 13 food and beverage sub- sector manufacturing companies listed on the Indonesia stock exchange in 2018-2020. The results in this study provide an explanation that Altman's Z-score analysis should continue to be reviewed because it becomes a benchmark for the financial condition of the company in every period so that it can be a good signal for investors if the company strives to maintain financial stability.

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Published
2021-12-20
Section
Articles