SKRIPSI PBS
Analisis Prediksi Kebangkrutan Menggunakan Metode Altman Z-Score Dan Grover G-Score Pada Bank Muamalat Indonesia Periode 2013-2019
ABSTRACT
This study aims to determine whether Bank Muamalat Indonesia has the
potential to experience bankruptcy during the 2013-2019 period using the
Modified Altman Z-score and Grover G-score methods. This type of research
includes quantitative research, the object studied in this study is the monthly
financial statements of Bank Muamalat Indonesia from January 2013 to
December 2019. The variables used in this study are the ratios in the Modified
Altman and Grover methods, namely working capital to total assets, retained
earnings to total assets, earnings before interest to total assets, book value of
equity to book value of total debt, and Return On Assets (ROA).
The results of the analysis show that the bankruptcy analysis using the
modified altman z-score approach at Bank Muamalat Indoesia for the period
2013-2019 states that Bank Muamalat Indonesia has the potential to experience
bankruptcy of 99 %, grey area 1%. Meanwhile, the bankruptcy analysis using the
grover g-score approach at Bank Muamalat Indonesia for the 2013-2019 period
states that Bank Muamalat Indonesia has the potential to experience bankruptcy
by 53%, gray area 2%, healthy 44%. Hypothesis testing was carried out using the
Wilcoxon Non-Parametric Test, showing that there were differences in results
using either the modified Altman z-score and the grover g-score in predicting the
bankruptcy of Bank Muamalat Indonesia for the 2013-2019 period.
Keywords: Bankruptcy Method, Altman Z-Score, Grover G-score.
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