Analysis of the Method of Altman Z-Score to Predict the Potential of Bankruptcy in Advertising, Printing and Media Companies Listed on the IDX

Arini, Puji Handayati, Akhmad Naruli

2018

Abstract

Purpose - The purpose of this study is to find out the Altman Z method "-Score can predict bankruptcy in advertising, printing and media companies listed on the Indonesia Stock Exchange. Design / methodology / approach - First, the researcher determines the sample of the company that is as many as 9 samples of Advertising, Printing and Media companies listed on the IDX. Second, researchers calculate working capital to total assets, retained earnings to total assets, earnings before interest and taxes to total assets, and book value of equity to book value of debt. Third, researchers analyzed the Altman Z method "-Score. Findings - The results obtained show that of 9 companies that in 2012 there was 1 company that was predicted to go bankrupt, 2 companies in gray areas and 6 companies were not bankrupt. In 2013 3 companies were predicted to go bankrupt and 6 companies did not go bankrupt. In 2014 there was 1 company predicted to go bankrupt, 1 company in a gray area and 7 companies not going bankrupt. In 2015 there were 3 companies that were predicted to go bankrupt, 1 company in the gray area and 5 companies did not go bankrupt.Originality / value - The main contribution helps the management of the company in assessing the company's financial condition and management decision making in preventing the risks that will occur associated with the company's bankruptcy.

Paper Citation

in Harvard Style

Arini., Handayati P. and Naruli A. (2018). Analysis of the Method of Altman Z-Score to Predict the Potential of Bankruptcy in Advertising, Printing and Media Companies Listed on the IDX.In Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB, ISBN 978-989-758-428-2, pages 230-236. DOI: 10.5220/0008783702300236

in Bibtex Style

@conference{irceb18,
author={Arini and Puji Handayati and Akhmad Naruli},
title={Analysis of the Method of Altman Z-Score to Predict the Potential of Bankruptcy in Advertising, Printing and Media Companies Listed on the IDX},
booktitle={Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB,},
year={2018},
pages={230-236},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008783702300236},
isbn={978-989-758-428-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB,
TI - Analysis of the Method of Altman Z-Score to Predict the Potential of Bankruptcy in Advertising, Printing and Media Companies Listed on the IDX
SN - 978-989-758-428-2
AU - Arini.
AU - Handayati P.
AU - Naruli A.
PY - 2018
SP - 230
EP - 236
DO - 10.5220/0008783702300236