Analisis Prediksi Kebangkrutan dengan Menggunakan Metode Altman Z-Score Berdasarkan Model Terbaik pada PT. Unilever Indonesia Tbk Periode 2018-2022

Abstract

This research aims to determine the condition of the company by analyzing bankruptcy prediction using the Altman Z-Score method based on the best model for PT. Unilever Indonesia Tbk for the period 2018-2022. The object of this research is one of the manufacturing companies listed on the Indonesia Stock Exchange, namely PT. Unilever Indonesia Tbk. The sample in this research consists of the financial statement data of PT. Unilever Indonesia Tbk, specifically the balance sheet and income statement for the period of 2020 to 2022. This study employs a quantitative research method with a descriptive approach. The types of data used are both quantitative and qualitative, while the data source utilized by the researcher is secondary data in the form of financial statements from the last five years. The data collection technique used is a documentation study. The variables in this study are Working Capital to Total Assets (X1), Retained Earnings to Total Assets (X2), Earnings Before Interest and Taxes to Total Assets (X3), Market Value of Equity to Book Value of Total Debt (X4), and Sales to Total Assets (X5). The results of the study indicate that PT. Unilever Indonesia Tbk from 2018 to 2022 is in a healthy condition, and the company is not at risk of bankruptcy.