Date: 20-09-2020 Digital Publication Services : OSREL | JABM | JAM | ABMR | ABMCS

ANALISIS RASIO KEUANGAN DAN FINANCIAL DISTRESS DENGAN ALTMAN Z-SCORE PADA CV. SINAR MULIA SEJAHTERA

Detail
Author Dionisia Chantika Dinda Pratiwi
Category Akuntansi Manajemen dan SIA

Abstract

This study aims to find out how the performance of a company in maintaining its efforts to remain standing and growing. But there needs to be an analysis to find out whether this company is said to be healthy and can still last up to the following years. In this study (Study on CV. SINAR MULIA SEJAHTERA LAWANG) that is a trading company that does not go public, this thesis is the result of quantitative research with secondary data collection, namely financial statements. The data is managed using financial ratios to see financial performance and financial distress analysis using the Altman Z-Score method to find out whether CV. SINAR MULA SEJAHTERA is said to be healthy or not. Data analysis used quantitative descriptive which aims to analyze and describe the financial performance of the company in 2012-2016. The results of the study are; Financial ratio on CV. PROSPEROUS SINAR PROSPEROUS experiencing fluctuations in several ratios namely liquidity ratios, activity ratios, solvency ratios, and profitability ratios. Several years the company experienced a decline but CV. SINAR MULAI SEJATERA can be said to be healthy and does not experience financial distress because through the calculation of the Altman Z-Score method that the company still meets the criteria of values above 2.60, namely 2012-2016 of 3.380; 3,964; 3882; 3,629; 3,927.