Research Article
Financial Distress Analysis Using The Altman Z-Score Method On Food And Beverage Sub-Sector Companies Listed On The Indonesian Stock Exchange For The Period 2015-2020
@INPROCEEDINGS{10.4108/eai.10-8-2022.2320891, author={Triandini Aulia Amaliasari and Mustika Rahmi}, title={Financial Distress Analysis Using The Altman Z-Score Method On Food And Beverage Sub-Sector Companies Listed On The Indonesian Stock Exchange For The Period 2015-2020}, proceedings={Proceedings of the 3rd International Conference of Business, Accounting, and Economics, ICBAE 2022, 10-11 August 2022, Purwokerto, Central Java, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2022}, month={8}, keywords={financial distress wcta reta ebitta mvetl sata}, doi={10.4108/eai.10-8-2022.2320891} }- Triandini Aulia Amaliasari
Mustika Rahmi
Year: 2022
Financial Distress Analysis Using The Altman Z-Score Method On Food And Beverage Sub-Sector Companies Listed On The Indonesian Stock Exchange For The Period 2015-2020
ICBAE
EAI
DOI: 10.4108/eai.10-8-2022.2320891
Abstract
This study aims to determine the financial distress of a company through the Altman Index using the Altman Z-Score method. The population in this survey is the food and beverage sub sector companies listed on the IDX between 2015 and 2020. The sample for this study consisted of 13 companies through puposive sampling using standard food and beverage companies listed on the IDX and the data in the form of complete financial statements for the period. And the data collection technique is secondary data. While the data analysis method used is descriptive analysis, classical assumption test, and hypothesis testing. The results showed that WCTA, RETA, EBITTA, MVETL, and SATA had a positive and significant effect on the Altman Index in food and beverage companies listed on the Indonesia Stock Exchange for the 2025-2020 period.