PREDIKSI KEBANGKRUTAN DENGAN MENGGUNAKAN METODE ALTMAN Z-SCORE DAN SPRINGATE (Studi pada Perusahaan Taksi Konvensional yang Terdaftar di Bursa Efek Indonesia periode 2015 – 2019)

Abstract

This research aimed to predict company’s bankruptcy of conventional taxi companies which were listed on Indonesia Stock Exchange with Altman Z-score and Springate. Besides, it also aimed to find out and analysis the differences of predicteion result between Altman Z-score and Springate. Moreover, the data were secondary which in the form of companies financial statements 2015-2019. This research was descriptive. Furthermore, the data collection technique used purposive sampling. In line with, there were 4 companies as the sample. For the research result, based on Altman Z-Score, it showed that there was only one company which categorized healthy, i.e. PT. Blue Bird, Tbk. Meanwhile, the rest of three companies were having bankrupt potency, namely PT. Steady Safe, Tbk. PT. Express Trasindo Tbk dan PT Zebra Nusantara Tbk. Another instrument in data analysis, springate, showed that there was a similiar prediction result. There was hand, three companies which categorized, i.e. PT. Blue Bird, Tbk. On the other hand, three companies which were having bankrupt potency, namely PT. Steady Safe Tbk, PT Express Trasindo Tbk and PT. Zebra Nusantara Tbk. In other words, the similarity of bankruptcy prediction result between Altman Z-Score and Springate occurate as these two methods had the same variables and focussed the amount of probability.
Keywords: bankruptcy, altman z-score, springate