Analysis Z-score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange

Volume: 7 Number: 3 September 1, 2017
  • Muammar Khaddafi
  • - Falahuddin
  • Mohd. Heikal
  • Ayu Nandari
International Journal of Economics and Financial Issues Cover
International Journal of Economics and Financial Issues
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Analysis Z-score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange

Abstract

This study aimed to test the predictions of bankruptcy in the banking companies listed in the Indonesia Stock Exchange yy using the Altman Z-score to see how big the bankruptcy prediction period 2011-2013 in the banking company. Calculating each bank's bankruptcy prediction on each numbering 29 banks. The data used in this study is the annual financial statements that are Exchange Indonesia. The analysis technique used is a bankruptcy prediction model Altman Z-score. By using the formula Z-Score = 1,2X1 + 1.4 X2 + 3,3X3 + 0.6 + 1.0 X4 X5. The criteria for assessing a Z-score> 2.99 categorized as a very healthy company. 1.81

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Muammar Khaddafi This is me

- Falahuddin This is me

Mohd. Heikal This is me

Ayu Nandari This is me

Publication Date

September 1, 2017

Submission Date

September 1, 2017

Acceptance Date

-

Published in Issue

Year 1970 Volume: 7 Number: 3

IZ

https://izlik.org/JA73CC72HX

Cite

RIS / Bibtex
APA
Khaddafi, M., Falahuddin, -, Heikal, M., & Nandari, A. (2017). Analysis Z-score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange. International Journal of Economics and Financial Issues, 7(3), 326-330. https://izlik.org/JA73CC72HX
AMA
1.Khaddafi M, Falahuddin, Heikal M, Nandari A. Analysis Z-score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange. IJEFI. 2017;7(3):326-330. https://izlik.org/JA73CC72HX
Chicago
Khaddafi, Muammar, - Falahuddin, Mohd. Heikal, and Ayu Nandari. 2017. “Analysis Z-Score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange”. International Journal of Economics and Financial Issues 7 (3): 326-30. https://izlik.org/JA73CC72HX.
EndNote
Khaddafi M, Falahuddin -, Heikal M, Nandari A (September 1, 2017) Analysis Z-score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange. International Journal of Economics and Financial Issues 7 3 326–330.
IEEE
[1]M. Khaddafi, - Falahuddin, M. Heikal, and A. Nandari, “Analysis Z-score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange”, IJEFI, vol. 7, no. 3, pp. 326–330, Sept. 2017, [Online]. Available: https://izlik.org/JA73CC72HX
ISNAD
Khaddafi, Muammar - Falahuddin, - - Heikal, Mohd. - Nandari, Ayu. “Analysis Z-Score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange”. International Journal of Economics and Financial Issues 7/3 (September 1, 2017): 326-330. https://izlik.org/JA73CC72HX.
JAMA
1.Khaddafi M, Falahuddin -, Heikal M, Nandari A. Analysis Z-score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange. IJEFI. 2017;7:326–330.
MLA
Khaddafi, Muammar, et al. “Analysis Z-Score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange”. International Journal of Economics and Financial Issues, vol. 7, no. 3, Sept. 2017, pp. 326-30, https://izlik.org/JA73CC72HX.
Vancouver
1.Muammar Khaddafi, - Falahuddin, Mohd. Heikal, Ayu Nandari. Analysis Z-score to Predict Bankruptcy in Banks Listed in Indonesia Stock Exchange. IJEFI [Internet]. 2017 Sep. 1;7(3):326-30. Available from: https://izlik.org/JA73CC72HX