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ANALISIS PENILAIAN FINANCIAL DISTRESS MENGGUNAKAN MODEL ALTMAN (Z-SCORE) PD PERUSAHAAN FARMASI YANG TERDAFTAR DI BEI PERIODE 2013-2015
| Detail | |
|---|---|
| Author | SRI YATI (Tim: Ketua) |
| ID | 202.710.071 |
| Published Date | 01-01-1900 |
Abstract
Analisis Penilaian Financial Distress Menggunakan Model Altman (Z-Score) pada Perusahaan Farmasi yang Terdaftar di Bursa Efek Indonesia Katarina Intan Afni Patunrui Sri Yati Abstract This study aims to observe the financial distress assessment for pharmaceutical companies listed on the Indonesia Stodk Exchange using the Altman Z-Score model. The sample is selected using purposive sampling method. Ten pharmaceutical companies were selected with the criteria listed in the Indonesia Stock Exchange (BEI) and regularly published financial reports in 2013 until 2015. Secondary data was derived from www.idx.co.id site. The results indicate that the AltmanZ-Score model can be implemented in detecting the possibility of financial distress in the pharmaceutical company./ One from ten companies has the lowest value of the Z-Score and experiencing financial distress. For two years, the company is in distress zones but in the third year, the company is managed to increase the value of the company and included in the gray zones. This company must continue to strive in order to stabilize the company's financial and asset utilization to obtain maximum profit, and until it was declared as a healthy company. company. Keyword: Financial Distress, Altman z-score, pharmaceutical companies.