RAMADHANI, DESTA (2023) ANALISIS PERBANDINGAN MODEL PREDIKSI KEBANGKRUTAN METODE ALTMAN Z SCORE, SPRINGATE S SCORE, DAN ZMIJEWSKI X SCORE (Pada Perusahaan Transportasi Yang Terdaftar Di Bursa Efek Indonesia Periode 2018 – 2021). S1 thesis, Universitas Mercu Buana Jakarta.
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Abstract
This study takes the topic of analysis of bankruptcy prediction models in the transportations sector companies listed on the IDX in 2018-2021. The further purpose of this research is to predicting potential bankruptcy using the Altman ZScore, Springate S-Score, and Zmijewski X-Score metods can be used as an appropriate tools to measure the potential bankruptcy of the company. The sample consisted of 17 companies after the sample selection was carried out using purposive sampling technique. This study also analyze differences in the prediction models and differences in the financial performance of companies in the transportation sub-sector before and during the covid-19 pandemic using the financial ratio analysis method consisting of liquidity ratios current ratio(CR) , profitability ratios Retturn on Asset (ROA), solvency ratios debt to asset ratio (DAR) and aktivity ratios total asset turnover (TATO). Analysis of research data was carried out using normality test and wilcoxon signed rank test hypothesis testing with the help of SPSS 28 software. The results showed that there was’t difference between Altman with Springate and Altman with Zmijewski, however that there was a difference between Springate and Zmijewski. The results also showed that there was’t difference in current ratio(CR), Retturn on Asset (ROA) and total asset turnover (TATO), however that there was a difference in debt to asset ratio (DAR) before and during the covid-19 pandemic. Keywords: Bankruptcy Prediction, Altman Z-Score, Springate S-Score, Zmijewski X-Score, financial performance Penelitian ini mengambil topik analisis model prediksi kebangkrutan pada perusahaan sektor transportasi yang terdaftar di BEI tahun 2018-2021. Penelitian ini bertujuan untuk memprediksi potensi kebangkrutan pada suatu perusahaan dengan menggunakan metode Altman Z-Score, Springate S-Score, dan Zmijewski X-Score sebagai langkah awal dalam mengetahui sinyal kebangkrutan perusahaan secara dini. Sampel terdiri dari 17 perusahaan setelah pemilihan sampel dilakukan dengan menggunakan teknik purposive sampling. Dalam penelitian ini ditambahkan uji hipotesis wicoxon signed rank test untuk mengetahui perbedaan antara mode prediksi dan perbedaan kinerja keuangan perusahaan sub sektor transportasi sebelum dan selama masa pandemi covid-19 dengan menggunakan metode analisis rasio keuangan yang terdiri dari rasio likuiditas current ratio(CR), rasio profitabilitas Retturn on Asset (ROA), rasio solvabilitas debt to asset ratio (DAR) dan rasio aktivitas total asset turnover (TATO). Analisis data penelitian dilakukan dengan uji normalitas dan uji hipotesis wilcoxon signed rank test dengan bantuan software SPSS 28. Hasil penelitian menunjukan bahwa tidak terdapat perbedaan antara model Altman Z-Score dengan Springate, serta Altman Z-Score dengan Zmijewski, namun terdapat perbedaan antara Springate dengan Zmijewski. Serta menunjukkan tidak terdapat perbedaan pada current ratio(CR), Retturn on Asset (ROA) dan total asset turnover (TATO), namun terdapat perbedaan pada debt to asset ratio (DAR) sebelum dan selama pandemi. Kata Kunci: Prediksi Kebangkrutan, Altman Z-Score, Springate S-Score, Zmijewski X-Score, Perbedaan Kinerja Keuangan
Item Type: | Thesis (S1) |
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Call Number CD: | FE/MJ. 23 015 |
NIM/NIDN Creators: | 43117120066 |
Uncontrolled Keywords: | Prediksi Kebangkrutan, Altman Z-Score, Springate S-Score, Zmijewski X-Score, Perbedaan Kinerja Keuangan |
Subjects: | 300 Social Science/Ilmu-ilmu Sosial > 330 Economics/Ilmu Ekonomi 300 Social Science/Ilmu-ilmu Sosial > 330 Economics/Ilmu Ekonomi > 332 Financial Economics, Finance/Ekonomi Keuangan dan Finansial, Ekonomi Biaya dan Pembiayaan 600 Technology/Teknologi > 650 Management, Public Relations, Business and Auxiliary Service/Manajemen, Hubungan Masyarakat, Bisnis dan Ilmu yang Berkaitan > 658 General Management/Manajemen Umum |
Divisions: | Fakultas Ekonomi dan Bisnis > Manajemen |
Depositing User: | ADELINA HASNA SETIAWATI |
Date Deposited: | 24 May 2023 04:46 |
Last Modified: | 24 May 2023 04:46 |
URI: | http://repository.mercubuana.ac.id/id/eprint/77614 |
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