Analisis Financial Distress Menggunakan Metode Altman Z–Score pada PT. Golden Plantation Tbk. Periode 2014-2018

Public Policy (Jurnal Aplikasi Kebijakan Publik & Bisnis)

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Title Analisis Financial Distress Menggunakan Metode Altman Z–Score pada PT. Golden Plantation Tbk. Periode 2014-2018
 
Creator Idi, Cintya Meiske
Borolla, Johanis Darwin
 
Description The goal of this study is to decide how the effects of the analysis of predictions of financial distress using the Atlman Z-score method with estimates for the period 2014-2018 on PT Golden Plantation Tbk are determined. PT Golden Plantation, which is a business engaged in the oil palm plantation industry with the type of data used, is the focus of this study, namely quantitative data in the form of the financial statements of PT Golden Plantation for the period 2014 to 2018. And the Altman Z - Score Adjusted variable aproach is the data analysis method used in this study. It can be inferred that, based on the findings of the report, the organization started to encounter financial distress in 2014. In 2015 to 2018 the altman z - score of PT Golden Plantation was <1.1 or a dangerous zone which means that PT Golden Plantation Tbk is in a bankrupt condition. And we can be sure that the company will also face financial problems in the next few years. This is attributable to the selection of debt used by the firm. The utilization of the company's existing debt tends to rise each year, exceeding the value of the company's current assets, so that the working capital of the company still has a negative variable. To Future research is suggested to add other variables in examining financial distress.
 
Publisher Lembaga Penelitian & Pengabdian Masyarakat (LPPM) STIA Said Perintah
 
Date 2021-03-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://stia-saidperintah.e-journal.id/ppj/article/view/31
10.30599/PublicPolicy.v1.i2.p102-121
 
Source PUBLIC POLICY (Jurnal Aplikasi Kebijakan Publik & Bisnis); Vol 2 No 1 (2021): Public Policy (Jurnal Aplikasi Kebijakan Publik & Bisnis); 102-121
2721-1681
2721-1673
 
Language eng
 
Relation https://stia-saidperintah.e-journal.id/ppj/article/view/31/34
 
Rights Copyright (c) 2021 PUBLIC POLICY (Jurnal Aplikasi Kebijakan Publik & Bisnis)
http://creativecommons.org/licenses/by-sa/4.0
 

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