Analisis Potensi Kebangkrutan Perusahaan Dengan Menggunakan Metode Altman Z-Score, Springate dan Zmijewski pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia

This study aims to analyze the health of company for period of three years, 2015-2017. The variables in this study are 3 variables, Altman Z-Score, Springate and Zmijewski. In order for the company to focus and not expand, from the population and manufacturing companies taken 31 sample companies which were determinedby purposive sampling. The criteria used are consumer goods industry companies that issue financial statements in a row during the research year and use the rupiah curency. The analysis technique is used by calculating based on the formula of each method that represents the liquidity ratio, profitability ratio and activity ratio. The result showed that the Altman Z-Score method and the Springate method obtained almost the same results, namely that the company predicted to go bankrupt and not to go bankrupt was almost the same. As for the Zmijewski method itself, it has a far different result. Almost all companies are predicted not to go bankrupt, only 2 companies are predicted to go bankrupt which are both in 2015