Open AccessDeteksi Kebangkrutan pada Industri Asuransi Syariah di Indonesia
Author(s) -
Fayakhun Bakhtiar,
Misbahul Munir,
Ahsan Al Qasas
Publication year - 2018
Publication title -
ihtifaz
Language(s) - English
Resource type - Journals
eISSN - 2622-4798
pISSN - 2622-4755
DOI - 10.12928/ijiefb.v1i1.286
Subject(s) - bankruptcy , sharia , business , actuarial science , earnings , current liability , working capital , book value , debt , accounting , finance , islam , geography , archaeology
This study aims to predict the potential bankruptcy of a sharia insurance company. The analysis model used is the modified Altman Z-score analysis model. The Altman Z-score measurement model will be represented by the ratio of the network model to total assets, retained earnings to total assets, earnings before interest to total assets and capital book value to the book value of debt. The results showed that in 2011-2017 5 sharia insurance companies were in a safe zone (not bankrupt), there was only one sharia insurance company in the gray zone.