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The Prediction of Bankruptcy Using Altman Z-Score Model (Case Study In BRI Bank, BNI Bank, Mandiri Bank, BTN Bank)

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  • Herlin, .

Abstract

Based on the calculation of the Altman model in predicting bankrupt at PT. Bank Rakyat Indonesia (Persero) Tbk in 2014, 2015, 2016, PT. Bank Mandiri (Persero) Tbk in 2014 and 2015 and is PT.Bank Tabungan Negara (Persero) Tbk in 2014 with a score of Z-score above 2.99 indicates that included in the company healthy or not potential to go bankrupt. Companies included in the category of unhealthy or potential companies to go bankrupt with a Z-score of less than 1.81 ie PT. Bank Tabungan Negara (Persero) Tbk in 2014 with a Z-score of 1.405 (

Suggested Citation

  • Herlin, ., 2018. "The Prediction of Bankruptcy Using Altman Z-Score Model (Case Study In BRI Bank, BNI Bank, Mandiri Bank, BTN Bank)," MPRA Paper 84632, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:84632
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    References listed on IDEAS

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    1. Beaver, Wh, 1966. "Financial Ratios As Predictors Of Failure - Reply," Journal of Accounting Research, Wiley Blackwell, vol. 4, pages 123-127.
    2. Beaver, Wh, 1966. "Financial Ratios As Predictors Of Failure," Journal of Accounting Research, Wiley Blackwell, vol. 4, pages 71-111.
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    More about this item

    Keywords

    Altman Model; Financial Distress;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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