ABSTRAK Penelitian ini bertujuan memprediksi tingkat kebangkrutan pada perusahaan ritel yang terdaftar di Bursa Efek Indonesia periode tahun 2013-2017. Penelitian ini menggunakan data yang diperoleh melalui data sekunder yaitu berupa laporan keuangan perusahaan ritel yang diterbitkan pada website Bursa Efek Indonesia. Populasi yang diambil pada penelitian ini adalah perusahaan ritel yang terdaftar di Bursa Efek Indonesia. Metode pengambilan sampel menggunakan teknik purposive sampling yaitu meneliti 10 perusahaan ritel yang terdaftar di Bursa Efek Indonesia. Alat yang digunakan dalam penelitian ini adalah model Altman Z-Score Modifikasi yang dapat digunakan untuk memprediksi potensi kebangkrutan semua perusahaan. Model Altman Z-Score modifikasi, memiliki 4 variabel yaitu Working Capital To Total Asset Ratio (X1), Retained Earning To Total Asset Ratio (X2), Earning Before Interest And Taxes To Total Asset Ratio (X3), Book Value Of Equity To Book Value Of Debt Ratio (X4). Indikator Z-Score untuk menentukan kebangkrutan perusahaan dikelompokkan ke dalam kategori sehat (Z-score > 2,60), grey area (Z-score antara 1,1 dan 2,60) dan bangkrut (Z-score 2,6. Kata kunci: Altman Z-Score Modifikasi, Prediksi Kebangkrtan

ABSTRACT The purpose of this research is to predict the potential bancruptcy of the retail company which are listed in Indonesia Stock exchange in 2013-2017. The data is the secondary data and were collected from the financial reports of the reatil company which is published on the website of Indonesia Stock Exchange. The sample collection technique has been done by using purpossive sampling which the research object are 10 retail companies that listed in Indonesia Stock Exchange. The analysis tools in thus research is the modification od Altman Z-Score which is used to predict the potential of bancruptcy for the companies. The modification od Altman Z-Score model has 4 variables they are Working Capital To Total Asset Ratio (X1), Retained Earning To Total Asset Ratio (X2), Earning Before Interest And Taxes To Total Asset Ratio (X3), Book Value Of Equity To Book Value Of Debt Ratio (X4), The indicator of Z-Score is tp determine bankcruptcy of the companies are group into some categories, they are healthy category (Z-Score >2,6), gresy area (Z-score 1,1≤Z≤ 2,60) and bancrupt (Z-Score2,6. Kata kunci: Altman Z-Score Modifikasi, Predict Bancruptcy

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