Analysis of Financial Performance of Indonesian Banking Companies Using the Z-Score Model

Mira Mira, Ismail Badollahi, Akbar Akbar

Abstract


This research aims to find out how to analyze the financial performance of banking companies in Indonesia using the Z-Score model. This research uses a descriptive quantitative approach and uses the Z-Score model to assess banking performance. The data processing stages begin with collecting financial report data according to the Z-Score model indicators, calculating each indicator item, formulating the results according to the Z-Score model, analyzing them and drawing research conclusions. The financial report data taken is 3 years (2020-2022) which is time series data. The results of this research show that the overall financial performance of Indonesian banking seen from the Z-Score Model shows that the majority are in the bad category and 4 banks are in the healthy category, namely AMAR, ARTO, BTPS and PNBS. AMAR is categorized as healthy for 2022, ARTO 2021, BTPS for 2020-2022 is consistently considered healthy and PNBS is also considered healthy for 2020-2022. This shows that financial supervision needs to be improved and this information provides a warning to all banks that must focus more on efforts to improve their respective financial performance to increase existing ratios.

Full Text:

PDF

References


Abraham dkk 2016, Analisis Perbandingan Kinerja Keuangan Bank Syariah Dan Bank Konvensional Di Indonesia.

Agustini dan Wirawati. 2019. Pengaruh Rasio Keuangan Pada Financial Distress Perusahaan Ritel Yang Terdaftar di Bursa Efek Indonesia (BEI). E-Jurnal Akuntansi Universitas Udayana. Vol. 26, No. 1, p251-280.

Alamsjah. 2023. Analisis Perusahaan Sektor Keuangan: Antara Kebangkrutan dan Kelangsungan Menggunakan Model Altman Z-Score. Jurnal Ekonomi Bisnis, Manajemen dan Akuntansi (JEBMA) Vol. 4 No. 2 Tahun 2023. https://jurnal.itscience.org/index.php/jebma/article/view/2721

Bahri, Syaiful. 2013. “Analisis Rasio Keuangan Untuk Menilai Perbedaan Kinerja Keuangan Perusahaan Semen Di BEI”. Jurnal Ilmu & Riset Manajemen Vol. 2 No. 8.

Bank Indonesia (2011) Surat Edaran Bank Indonesia Nomor13/24/ DPNP Tentang Penilaian Tingkat Kesehatan Bank Umum, Tanggal 25 Oktober 2011.

Barney, Jay. 2002. Gaining and Sustaining Competitive Adventage, Second Edition, Prentice Hall.David, Fred. R. 2003. Strategik Management: Concepts and Cases. 8th Edition, InternasionalEdition, Prentice Hall Pearson education, Inc. Upper Saddle River. New Jersey.

Erawan.,AD., dkk. 2018. Pernanan Value For Money Untuk Mengukur Kinerja Pemerintahan Kabupaten Buleleng. Jurnal Ilmiah Akuntansi dan Humanika, Vol. 8 No. 3, Desember 2018; 187-193. ISSN: 2599-2651

Darsono dan Ashari (2004) Pedoman Praktis Memahami Laporan Keuangan, Penerbit Andi, Yogyakarta.

Fahmi, Irham. 2014. Analisis Kinerja Keuangan. Bandung: Alfabeta.

Ikatan Akuntan Indonesia. Pernyataan Standar Akuntansi Keuangan (PSAK). Jakarta 2011.

Jensen, M.C. and W.H. Meckling. 1976. “Theory of the firm: Managerial Behavior, Agency Costs and Ownership structure.” Journal of Financial Economics 3, 305-360.

Ledy Bonatama, (2014), Analisis Kinerja Keuangan Dengan Rasio Likuiditas Dan Rasio Profitabilitas Studi Kasus Pada PT. Kimia Farma (Persero) TBK, Skripsi. Medan :Universitas Muhammadiyah Sumatra Utara.

Lukviarman, Niki. Dasar-Dasar Manajemen Keuangan. (Padang: Andalas University Press 2006)

Manik, Albert Kristian. 2016. “Analisis Rasio Keuangan Dan Metode Economic Value Added (EVA) Sebagai Salah Satu Penilaian Kinerja Keuangan Perusahaan”. Jurnal Administrasi Bisnis (JAB)|Vol. 34 No. 1.

Marsuni, N. S., Said, D., & Indrijawati, A. (2022). Triple Button Line Implementation Through Corporate Social Responsibilty Program At Pt. Semen Tonasa. Economos: Jurnal Ekonomi Dan Bisnis, 5(2), 107-113.

Marsuni, N. S., Rasulong, I., & Adzim, F. (2022). Factors Affecting The Implementation Of Good Government Governance (Ggg) And Its Implications For Performance Accountability. Jurnal Ekonomi Balance, 18(1), 29-36.

Marsuni, N. S. (2024). Optimizing Regional Original Income: A Comprehensive Analysis and Assessment of Revenue Management Practices in Pangkajene Regency and Islands. Income Journal Of Economics Development, 4(1), 20-24.Mirza,Teuku. 1997. Konsep EVA : Pendukung Untuk Menentukan Nilai Riil Perusahaan dan KinerjaRiil Manajemen, Manajemen dan Usahawan. Januari.

Markarian, G., Pozza, L., Prencipe, A. 2008. Capitalization of R&D and Earnings Management: Evidence from Italian Listed Companies. The International Journal of Accounting 43, pp.246-267.

Mellisyah. 2023. Pengaruh ROA dan Leverage Terhadap Praktik Penghindaran Pajak di Industri Perbankan Indonesia. Jurnal Ekonomi Bisnis, Manajemen dan Akuntansi (JEBMA) Vol. 3 No. 2 Tahun 2023. https://jurnal.itscience.org/index.php/jebma/article/view/2817

Mulyadi, (2001), Akuntansi Manajemen – Konsep, Manfaat dan Rekayasa, Edisi Ketiga, Jakarta : Salemba Empat.

Stewart, G Bennet. 1990.The quest for Value: The EVATM Management Guide, Harper Business, New York.

Scott, W.R. 2009. Financial Accounting Theory, Fifth Edition. Prentice Hall. Toroto.

Teece, D. J., Pisano, G., Shuen, A. 1997. Dynamic Capabilities and Strategic Management. Strategic Management Journal. 18(7): 509-533.

Recly Bima Rhamadana, Triyonowati. Analisis Rasio Keuangan untuk Menilain Kinerja Keuangan pada PT H.M Sampoerna Tbk. Jurnal Ilmu dan Riset Manajemen : Volume 5, Nomor 7 Juli 2016. ISSN : 2461-0593.

Sugiyono, 2016. Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Edisi Keduapuluh tiga. Bandung: CV Alfabeta.

Wijaya, Anthony dan Linawati, Nanik. 2015. Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan dengan variabel moderator: Corporate Social Responsibility (CSR) dan Good Corporate Governance (GCG). FINESTA 3(1):46-51.

Yuli Christian (2009), Analisis Perbedaan Kinerja Keuangan Bank Umm Pemerintah Dan Bank Umum Swasta Nasional Dengan Menggunakan Rasio Keuangan Periode tahun 2003 – 2007, digilib.uns.ac.id




DOI: https://doi.org/10.26618/inv.v6i1.14370

Refbacks

  • There are currently no refbacks.


Flag Counter