Altman Z Score Method for Predicting Bankruptcy in Kompas 100 Index Companies

Authors

  • Herman Somantri Universitas Widyatama
  • M. Kohar Mudzakar Universitas Widyatama

DOI:

https://doi.org/10.55208/jebe.v17i1.324

Keywords:

Bankruptcy, Altman Z-score, Kompas 100

Abstract

This study aims to predict bankruptcy in companies indexed in Kompas 100. The research does on 30 sample companies based on a purposive sampling technique for 2019 – 2021. The research does use explanatory and descriptive investigations. The results showed that 18 companies met the healthy category in 2019, 15 in 2020, and 18 in 2021. A gray area category, 2019, 10 companies; 2020, 9 companies. And 2021, 8 companies. For the bankruptcy category, in 2019, 2 companies. In 2020, 6 companies, and in 2021, 4 companies.

Published

2023-05-25

How to Cite

Somantri, H., & Mudzakar, M. K. (2023). Altman Z Score Method for Predicting Bankruptcy in Kompas 100 Index Companies. Jurnal Ekonomi, Bisnis &Amp; Entrepreneurship, 17(1), 53–67. https://doi.org/10.55208/jebe.v17i1.324