Financial Ratio Analysis for Predicting Financial Distress with Metode Altman Z–Score in PKU Muhammadiyah Hospital Purbalingga

Abstract

Study This aiming For analyze condition finances of the PKU Muhammadiyah Hospital in Purbalingga use Altman Z-Score method for use predict potential the occurrence of financial distress. Analysis ratio finance covering various ratio , such as liquidity , profitability , and leverage, applied to the reporting data finance House Sick The Altman Z-Score method is used For give description about level health financial matters of PKU Muhammadiyah Hospital, Purbalingga , what is it? is at in condition safe , gray area , or at risk experience difficulty finance.From results research , the company experienced fluctuation big in condition his finances between 2019 and 2023. 2021 is the only one the period that shows condition real finance​ healthy and in a safe zone . The years 2019, 2022, and especially 2020 and 2023 show that company be in a condition that is not stable or even dangerous in a way financial.fluctuation This show existence problem in stability financial and management necessary finances​ overcome.

Keywords: Financial Ratio Analysis, Financial Distress, Altman Z-Score