ANALYSIS OF THE POTENTIAL FOR BANKRUPTCY IN PT UNILEVER INDONESIA, TBK AND PT INDOFOOD, TBK METHOD ALTMAN Z-SCORE THE PERIOD 2006 2010 Noorizkha (20208892) Abstract|ANALYSIS OF THE POTENTIAL FOR BANKRUPTCY IN PT UNILEVER INDONESIA, TBK AND PT INDOFOOD, TB

Noorizkha Noorizkha

Abstract


Maintaining
the company's existence is the ultimate goal. To that end,
made ??various eorts to maintain its existence as long as
possible. Moreover, many factors - inhibiting factors that
could cause the company to go bankrupt if they are not
faced with a good management company. The purpose
of this paper is to predict the potential bankruptcy of
companies using the method of Altman Z Score. In the
Altman model uses the ve elements of the nancial ratio
variables namely Working Capital To Total Assets Ratio,
Earning Retained To Total Assets Ratio, Earning Before
Interest and Taxes To Total Assets Ratio, Market Value
of Equity to Book Value of Total Liabilities Ratio, Sales
To Total Assets ratio. In addition, the authors also wanted
to know how to change the ratio of the fth. The author
uses secondary data from nancial statements PT Unilever
Indonesia, Tbk and PT Indofood, Tbk period 2006 to 2010.
In addition, the authors also use the list of market price
per share for both companies. Results from the study of
PT Unilever Indonesia, Tbk is in a healthy position during
the period 2006 - 2010 by the cut-o point is above 2.99,
so the potential to bankrupt a few years small. In contrast
to PT Indofood, Tbk, which is in nancial trouble even
under the cut-o point of 1.81 and a potentially very large
for bankruptcy. But the value of Z - Score this company
showed an increase in the last two years.

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