ANALISIS PREDIKSI KEBANGKRUTAN DENGAN METODE ALTMAN Z-SCORE PADA PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2010 – 2014

Abstract

Bankruptcy of the company is one of the important analysis performed for the company to determine the company's financial position and selanjutkan have an idea of ​​what action should be taken to maintain the value of the company and improve the shortcomings of companies that were able to survive and as well as the competitiveness of other companies. Bankruptcies experienced by the company PT Bakrie Telecom Tbk, which occurred in an example of the need to perform predictive analysis of bankruptcy.
The purpose of this study to analyze the bankruptcy prediction at the telecommunications company listed on the Indonesia Stock Exchange in 2010- 2014 financial statements with Z.score Altman method. The data used are secondary data from the financial statements listed in the Indonesia Stock Exchange and stock prices, data collection techniques quantitative descriptive data analysis techniques.
Results from the study show the results of bankruptcy prediction model of the Altman Z-Score that PT Telekomunikasi Indonesia Tbk are in healthy condition, PT Indosat Tbk and PT. XL Axiata Tbk in conditions of Grey Area (cartilage) and PT Bakrie Telecom Tbk, PT and PT Smartfren Tbk is predicted to be in an unhealthy condition.

Keywords: Bankruptcy, Telecommunications Companies, Altman Z-Score