https://mail.insyma.org/proceedings/files/original/articles/Rizky_Ramadhan.pdf Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Proceedings of the International Symposium on Management (INSYMA) (Vol 22, 2025) Proceedings meta_title Analysis of Financial Statements as a Means of Predicting he Possibility of Bankruptcy Using The Altman Z'-Score Method in Manufacturing Sector Companies for The Period 2019-2021 Author #1 Izzah Nadlifah Kirana Author #2 Rizky Ramadhan Oktavian Author #3 Fastabiqul Khoiroh Author #4 Cynthia Eka Violita Author #5 Dian Fahriani Author #6 Achmad Zaki Abstract/Description The manufacturing industry plays a very important role for Indonesia's economic growth. This industry is a strategic industry for business actors. There are lots of good manufacturing business prospects in this country. This study aims to determine the potential bankruptcy of manufacturing companies in the metal sub-sector and the like using the Altman Z'-Score prediction tool based on financial reports published in 2019-2021 and which have been listed on the Indonesia Stock Exchange. The research research method used is descriptive quantitative. The data analysis technique uses manual calculations with the Altman Z'-Score formula, which is used as a predictor of the possibility of bankruptcy in companies. The sample in this study was obtained using purposive sampling, based on the criteria obtained 6 companies. The data used is secondary data obtained from the 2019-2021 Indonesia Stock Exchange. The results showed that 2 companies were declared healthy, namely PT. Alakasa Industrindo Tbk and PT. Copper Mulia Semenan Tbk with an Altman Z'-Score value above 2.90 which indicates that both companies are in a healthy financial condition. Three other companies were declared in gray condition, namely PT. Betonjaya Manunggal Tbk, PT. Gunawan Dianjaya Steel Tbk, and PT. Lion Metal Works Tbk, all three of which have an Altman Z'Score value between 1.20 and 2.90. In addition, there is 1 company declared in a state of bankruptcy or distress, namely PT. Alumindo Light Metal Industry Tbk because it has an Altman Z'-Score value below 1.20. keywords a;b;c;d Altman Z’-Score, Bankruptcy, The manufacturing industry, Financial Performance. publication_date 2025/06/20 2025/06/15 pdf_url https://insyma.org/proceedings/files/articles/Rizky_Ramadhan.pdf abstract_html_url https://insyma.org/proceedings/items/show/ https://insyma.org/proceedings/items/show/323 firstpage 77 lastpage 80 issn 3047-857X 3047-857X conference Proceedings of the International Symposium on Management (INSYMA) Proceedings of the International Symposium on Management (INSYMA) publisher_name Fakultas Bisnis dan Ekonomika, Universitas Surabaya Fakultas Bisnis dan Ekonomika, Universitas Surabaya no article 12 Volume 22 authors Izzah Nadlifah Kirana, Rizky Ramadhan Oktavian, Fastabiqul Khoiroh, Cynthia Eka Violita, Dian Fahriani, Achmad Zaki Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Analysis of Financial Statements as a Means of Predicting he Possibility of Bankruptcy Using The Altman Z'-Score Method in Manufacturing Sector Companies for The Period 2019-2021 Creator An entity primarily responsible for making the resource Izzah Nadlifah Kirana, Rizky Ramadhan Oktavian, Fastabiqul Khoiroh, Cynthia Eka Violita, Dian Fahriani, Achmad Zaki