Analisis Kinerja Keuangan dan Prediksi Kebangkrutan PT Krakatau Steel Tbk Periode 2014-2018

Abstract

This study was aimed to find out the financial performance and predictions of bankruptcy of the company Krakatau Steel Tbk. The subjects of this study were the financial statements of PT Krakatau Steel Tbk from 2014 to 2018 with sample, the balance sheet and profit / loss statements. The method of this study was a descriptive approach method, with the Altman Z-score. The data were analyzed statistically used Microsoft Excel. The results of this study indicate that in the first year to the fifth year the company obtained (30 <TS ≤ 40) at the health level, which means that the company is in a "B" or less healthy state. If the performance results are in an unhealthy condition, bankruptcy prediction is carried out. In this case, the prediction value of bankruptcy gets a score of <1.81, the condition is very bad or distress zone. It can be concluded that this study shows that financial performance is in an unhealthy condition while bankruptcy is in a very bad position, namely the company is experiencing financial difficulties.