IMPLEMENTATION OF ALTMAN Z-SCORE IN PREDICTING PT BANK SUMUT'S SUSTAINABILITY

  • Eva Malina Simatupang Medan State Polytechnic
DOI: https://doi.org/10.54248/abj.v2i2.1001

Abstract

This research was conducted to determine and analyze the risk of bankruptcy of the company PT Bank
SUMUT according to the Altman Z-Score. The population in this study is the financial statements of PT
Bank SUMUT and the sample in this study is the financial statements of PT Bank SUMUT for 2017 -
2019. The type of data used is secondary data and the data collection techniques used are documentation
from financial reports published through the www site. banksumut.co.id. The data processing technique
uses the Altman Z-Score modification method. Based on the results of data processing, the 2017 Z-Score
was 1.57; the year 2018 is 1.63 and the year 2019 is 1.19. Based on the results of data analysis, it can be
concluded that PT Bank SUMUT is in a gray zone because the standard value is at 1.1 <Z-Score <2.6
and PT.

accounting and business journal
Published
2020-10-07
How to Cite
SIMATUPANG, Eva Malina. IMPLEMENTATION OF ALTMAN Z-SCORE IN PREDICTING PT BANK SUMUT'S SUSTAINABILITY. Accounting and Business Journal, [S.l.], v. 2, n. 2, p. 12-21, oct. 2020. ISSN 2746-4431. Available at: <https://jurnal.pancabudi.ac.id/index.php/Accountingandbussinessjournal/article/view/1001>. Date accessed: 22 dec. 2024. doi: https://doi.org/10.54248/abj.v2i2.1001.
Citation Formats
Issue
Vol 2 No 2 (2020): ACCOUNTING AND BUSINESS JOURNAL
Section
Articles
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