Skripsi
ANALISIS RASIO KEUANGAN PERUSAHAAN UNTUK MEMPREDIKSI KEMUNGKINAN KEPAILITAN ( STUDI KASUS PADA PT BUKIT ASAM TBK PERIODE 2004-2008)
The objectives of this research are (I) to know the financial ratio of PT Bu kit Asam tbk period 2004-2008, (2)to know the probability of bankruptcy based on Altman Model, and (3) discuss the efforts that have been done by the company to avoid the bankruptcy. The results of the study period of years 2004-2008 shows that the company will not experience bankrupt.Index each year shows the value far better than the cut-off which has been determined, namely 2,675. The Z-Score index of the company was 5,80, 6,29, 9,29, 15,91 and 8,45 for each year 2004,2005,2006,2007 and 2008. The average of PT Bukit Asam's z-score is 9,14. The Z-Score values from the during period 2004-2008 was increase continually, meanwhile in 2008 was decline. Th,e declining of z-score in 2008 was caused of the declining of the price market earning which as a risult of the global stock exchange fluctuating. Composite Stock Price Index decrease into 1,7% as an effect of the "panic selling" by the investors especially maining sector which is decrease follow down the decreasing of the price. Undertaking acquisitions of potential coal mining companies, establishing of subsidiary companies, Developing of Mine Mouth Coal Fired Power Plant, Buyback Stock Programe, Committing guarantee product quality and customer service, were some efforts that PT Bukit Asam have been done to avoid the bankruptcy. To avoid the bankruptcy, the author suggestJhe company to restructure its debt in order to reduce the debt burden.
Inventory Code | Barcode | Call Number | Location | Status |
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1007000963 | T28758 | T287582010 | Central Library (REFERENCES) | Available but not for loan - Not for Loan |
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