ANALISIS RASIO KEUANGAN UNTUK MEMPREDIKSI KEBANGKRUTAN PADA PT. AGRIFOOD PUTRA SURYA

Abstract

This study analyzes financial ratios to predict the bankruptcy level of PT Agrifood Putra Surya
from 2018 to 2022 and the accuracy of the Altman Z-score method in calculating bankruptcy
predictions for company purposes. The research uses primary data in the form of company
financial reports from 2018 to 2022 which were obtained directly from PT Agrifood Putra Surya.
The type of assessment used is descriptive using quantitative methods to calculate financial
ratios. Altman Z-score analysis in 2018-2020 PT Agrifood Putra Surya is in the gray area,
indicating the company is in a vulnerable position. The company continues to suffer losses due
to weak sales and the Covid-19 pandemic. In circumstances like this, companies face financial
problems that need to be managed well. Meanwhile, in 2021 and 2022, PT. Agrifood Putra Surya
is starting to rise and is in a safe area with a high Z-score of 5.48 for 2021. PT Agrifood Putra
Surya is still surviving and starting to rise in this dynamic situation.