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

Öz

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

Anahtar Kelimeler

• Altman Z-score, Bankruptcy, Stock Exchange