Current scenario of Energy Retail utilities market in UK
MANAJEMEN KEUANGAN
1. ABSTRACT
Bankrupcy is a condition where the firm can be runs well. This situation can
be seen by some side, they are the time where the firm don’t have enough
capital,can not pay the debt, or many be it doesn’t have any change to be better.
All situation above can indicate to bankrupcy.
Financial report one of way to analyze the finance condition to know how
far of the firm situation. It can be seen though finance ratio analize which is
devide into three, they are working capital to total assets, capital to debt ratio,and
Profitability ratio. This research is to know the finance work from the 30 public
company as samples.
This valid data is taken from Jakarta Stock Exchange ( BEJ) using the Z-
Score method, to know firm condition, bankrupcy or not. 30% or nine of them
belong to bankrupcy condition, 20% trouble in finance situation and 50% the last
is in good condition.
Z-Score method, can be used by Jakarta Stock Exchange to know the
finance condition of firms which want to join in it by selling the shares to the
public.