Predicting Potential Bankruptcy PT. Wismilak Inti Makmur, Tbk Using The Altman Z-Score Method

Wahyu  Maulana; Very Andrianingsih

doi:10.19105/sfj.v3i2.10196

Wahyu Maulana Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Madura
Very Andrianingsih Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Wiraraja

https://doi.org/10.19105/sfj.v3i2.10196

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Indonesia merupakan salah satu negara yang masih pro dan kontra terhadap rokok. Rokok dianggap sebagai salah satu produk yang berbahaya bagi kesehatan dan keselamatan masyarakat, namun disisi lain industri rokok merupakan penyumbang penerimaan pajak terbesar di Indonesia. Penelitian ini bertujuan untuk mengetahui kinerja keuangan perusahaan dan mengetahui potensi kebangkrutan dengan menggunakan metode Altman z-score pada PT. Wismilak Inti Makmur Tbk. Jenis penelitian ini adalah deskriptif kuantitatif sedangkan populasinya adalah seluruh laporan keuangan yang diterbitkan oleh perusahaan dan sampelnya adalah laporan keuangan tahun 2017-2021. Teknik pengumpulan data menggunakan metode dokumentasi. Teknik analisis data menggunakan metode Altman z-score yang dimodifikasi. Berdasarkan hasil analisis dan pembahasan altman z-score modifikasi dapat disimpulkan bahwa kondisi keuangan perusahaan periode 2017-2021 dalam keadaan baik atau sehat karena nilai Z-score > 2,6. Meski di tahun 2021 z-score akan sedikit menurun, namun tidak berisiko bangkrut. Saran bagi perusahaan, agar menjaga kinerja keuangan setiap tahunnya agar tetap dalam keadaan sehat

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