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ANALISIS FINANCIAL DISTRESS MENGGUNAKAN MODEL SPRINGATE PADA PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK INDONESIA

INDHIRATIH, SAVIRA OCTADILLA (2013) ANALISIS FINANCIAL DISTRESS MENGGUNAKAN MODEL SPRINGATE PADA PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK INDONESIA. Other thesis, University of Muhammadiyah Malang.

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Abstract

The development of the telecommunications industry very rapidly with the increasing demand for telecom products and a growing number of operators that have emerged. Advances telecommunications technology makes business very tight competition because each firm competing in innovating features provide a superior product support them to dominate the market. This research may be necessary to determine the likelihood of financial distress conditions in advanced telecommunications industry in Indonesia which has an unstable economic climate. This research was conducted by analyzing the financial performance of the telecommunications company listed on the Indonesia Stock Exchange using the ratio Springate models consisting of the ratio of Working Capital To Total Assets, Net Profit Before Interest And Taxes To Total Assets, Net Profit Before Taxes To Current Liabilities, Sales To Total Assets to determine the condition of financial distress on telecommunications companies go public in Indonesia. The results showed that only PT. Telecommunications Indonesia Tbk. during the years 2007-2011 and PT. XL Axiata Tbk. in 2010 are not indicated experiencing financial distress. While PT. Indosat Tbk., PT. Smartfren Telecom Tbk., And PT. Bakrie Telecom Tbk. indicated experiencing financial distress during 2007 to 2011. Based on the survey results revealed the best financial performance trend for five consecutive years is PT. Telecommunications Indonesia Tbk. and the worst is PT. Smartfren Telecom Tbk.

Item Type: Thesis (Other)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economics > Department of Accounting (62201)
Depositing User: Halimatus Zahroh
Date Deposited: 16 Jan 2015 04:26
Last Modified: 16 Jan 2015 04:26
URI : http://eprints.umm.ac.id/id/eprint/14832

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