Analisis Potensi Kebangkrutan: Perbandingan Model Altman dengan Zavgren
This study is aimed to compare two methods to determine the potential for bankruptcy of the company. The method used is the Altman (Z Score) and Zavgren (Logit Analysis) models. The Z Score model is a method to predict the financial difficulties, where the score value on the Altman Z Score classifie...
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| Format: | Article |
| Language: | English |
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Universitas Medan Area
2020-07-01
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| Series: | Perspektif: Jurnal Ilmu-ilmu Sosial |
| Subjects: | |
| Online Access: | http://ojs.uma.ac.id/index.php/perspektif/article/view/3946 |
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| author | Wardayani Wardayani Azhar Maksum |
| author_facet | Wardayani Wardayani Azhar Maksum |
| author_sort | Wardayani Wardayani |
| collection | DOAJ |
| description | This study is aimed to compare two methods to determine the potential for bankruptcy of the company. The method used is the Altman (Z Score) and Zavgren (Logit Analysis) models. The Z Score model is a method to predict the financial difficulties, where the score value on the Altman Z Score classifies whether a company being bankrupt or not. Zavgren developed bankruptcy prediction model with Logit Analysis which divide bankruptcy classifications. The identification problem in this research are the decline in profits occurred from the end of 2016 until 2018, and the mismatch of the increase in profits to the increase the number of assets in the Cosmetics Company, through the use of secondary data from the Indonesia Stock Exchange of companies with code MRAT, KINO, TCID, dan MBTO. Thus, the financial state of cosmetics companies listed on the Indonesia Stock Exchange (BEI) during the 2016 to2018, according to the Altman Z Score model can be categorized into 2 criteria, they are: Gray Area; MBTO and Sound Area: MRAT, KINO and TCID. Meanwhile, based on the Zavgren model, MRAT, KINO, TCID and MBTO were declared as Sound. |
| format | Article |
| id | doaj-art-fab52336a42f40e48b353708edd81105 |
| institution | Kabale University |
| issn | 2085-0328 |
| language | English |
| publishDate | 2020-07-01 |
| publisher | Universitas Medan Area |
| record_format | Article |
| series | Perspektif: Jurnal Ilmu-ilmu Sosial |
| spelling | doaj-art-fab52336a42f40e48b353708edd811052025-01-03T01:25:05ZengUniversitas Medan AreaPerspektif: Jurnal Ilmu-ilmu Sosial2085-03282020-07-019244745210.31289/perspektif.v9i2.39462334Analisis Potensi Kebangkrutan: Perbandingan Model Altman dengan ZavgrenWardayani Wardayani0Azhar Maksum1Sekolah Tinggi Ilmu Manajemen SukmaUniversitas Sumatera UtaraThis study is aimed to compare two methods to determine the potential for bankruptcy of the company. The method used is the Altman (Z Score) and Zavgren (Logit Analysis) models. The Z Score model is a method to predict the financial difficulties, where the score value on the Altman Z Score classifies whether a company being bankrupt or not. Zavgren developed bankruptcy prediction model with Logit Analysis which divide bankruptcy classifications. The identification problem in this research are the decline in profits occurred from the end of 2016 until 2018, and the mismatch of the increase in profits to the increase the number of assets in the Cosmetics Company, through the use of secondary data from the Indonesia Stock Exchange of companies with code MRAT, KINO, TCID, dan MBTO. Thus, the financial state of cosmetics companies listed on the Indonesia Stock Exchange (BEI) during the 2016 to2018, according to the Altman Z Score model can be categorized into 2 criteria, they are: Gray Area; MBTO and Sound Area: MRAT, KINO and TCID. Meanwhile, based on the Zavgren model, MRAT, KINO, TCID and MBTO were declared as Sound.http://ojs.uma.ac.id/index.php/perspektif/article/view/3946altman, z score, zavgren, logit |
| spellingShingle | Wardayani Wardayani Azhar Maksum Analisis Potensi Kebangkrutan: Perbandingan Model Altman dengan Zavgren Perspektif: Jurnal Ilmu-ilmu Sosial altman, z score, zavgren, logit |
| title | Analisis Potensi Kebangkrutan: Perbandingan Model Altman dengan Zavgren |
| title_full | Analisis Potensi Kebangkrutan: Perbandingan Model Altman dengan Zavgren |
| title_fullStr | Analisis Potensi Kebangkrutan: Perbandingan Model Altman dengan Zavgren |
| title_full_unstemmed | Analisis Potensi Kebangkrutan: Perbandingan Model Altman dengan Zavgren |
| title_short | Analisis Potensi Kebangkrutan: Perbandingan Model Altman dengan Zavgren |
| title_sort | analisis potensi kebangkrutan perbandingan model altman dengan zavgren |
| topic | altman, z score, zavgren, logit |
| url | http://ojs.uma.ac.id/index.php/perspektif/article/view/3946 |
| work_keys_str_mv | AT wardayaniwardayani analisispotensikebangkrutanperbandinganmodelaltmandenganzavgren AT azharmaksum analisispotensikebangkrutanperbandinganmodelaltmandenganzavgren |