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SULTANIST Jurnal Manajemen dan Keuangan
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SULTANIST Jurnal Manajemen dan Keuangan
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ANALISIS FINANCIAL DISTRESS DENGAN MENGGUNAKAN METODE ALTMAN Z-SCORE PADA PERUSAHAAN PT. UNITEX, TBK YANG TERDAFTAR DI BURSA EFEK INDONESIA

Authors: Mei Kartini Sihombing; Pinondang Nainggolan; Parman Tarigan; Supitriyani Supitriyani;

ANALISIS FINANCIAL DISTRESS DENGAN MENGGUNAKAN METODE ALTMAN Z-SCORE PADA PERUSAHAAN PT. UNITEX, TBK YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

Tujuan penelitian ini adalah untuk mengetahui gambaran FinancialDistress PT UNITEX, Tbk yang Terdaftar di Bursa Efek Indonesia pada tahun 2006-2014 berdasarkan metode Altman Z-score serta mengetahui faktor dominan yang menyebabkan Financial Distress PT. UNITEX, Tbk yang Terdaftar di Bursa Efek Indonesia pada tahun 2006-2014 dengan menggunakan Metode Altman Z-score. Metode yang digunakan dalam penelitian ini adalah metode analisis deskriptif dan induktif. Pengujian dilakukan dengan menggunakan bantuan program MS Excel dengan rasio Altman Z Score. Hasil penelitian dapat disimpulkan sebagai berikut : 1) Rata-rata Z Score selama tahun 2006 hingga tahun 2014 berada pada angka minus 2,79 atau berada di bawah angka 1,88. Ini berarti PT. Unitex, Tbk benar-benar dalam posisi sedang mengalami financial distress atau masalah keuangan yang serius. 2) Faktor-faktor Retained Earnings to Total Assets Ratio, Net Working Capital to Total Asset Ratio, dan Earnings Before Interest and Taxes to Total Asset Ratio adalah secara berurutan merupakan faktor-faktor yang paling dominan menyebabkan terjadinya financial distress pada PT. Unitex, Tbk. Hasil ini menerimahipotesis penelitian ini yang menyatakan bahwa “Diduga Retained Earnings to Total Assets Ratio, Net Working Capital to Total Asset Ratio, dan Earnings Before Interest and Taxes to Total Asset Ratio merupakan faktor yang dominan menyebabkan terjadinya Financial Distress PT UNITEX, Tbk yang Terdaftar di Bursa Efek Indonesia”.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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