Perananan Equity Multiplier dalam Mengatasi Kebangkrutan (Studi pada Industri Konsumer yang Terdaftar pada Bursa Efek Indonesia Periode 2016-2020)

Abstract

This research is based on the background of the gap on the growth of the consumer goods industry and the decline in sales of related companies.This research aims to evaluate financial performance and calculate the prediction of corporate bankruptcy using Altman financial analysis and Dupont financial analysis, testing the addition of bankruptcy prediction factors. The research method used is time series analysis, comparative analysis and bankruptcy analysis. This type of research is descriptive correlational. The type of data used is secondary data and the source of data in this research is financial reports issued by the Indonesia Stock Exchange and related company websites. The research sample is eight companies in the consumer goods industry. The results of this research indicate a decrease in sales growth, assets and net income. Some companies do not optimize assets in working capital and sales so that they have the potential to go bankrupt. The low rate of return on equity also causes less than optimal financial performance. Equity multiplier ratio can save company’s calculation from bankruptcy.