Analisis komparatif tingkat risiko kebangkrutan perbankan di Indonesia dengan menggunakan metode Altman z-score modifikasi: Studi antara Bank Umum Syariah dan Bank Umum Konvensional periode 2013-2017

INDONESIA:

Pertumbuhan perbankan di pasar keuangan dan semakin beragamnya instrumen keuangan memungkinkan bank memiliki akses yang sangat luas. Semakin besar usaha perbankan maka semakin besar pula risiko yang dihadapinya. Tujuan dari penelitian ini adalah untuk membandingkan tingkat risiko kebangkrutan antara Bank Umum Syariah (BUS) dan Bank Umum Konvensional (BUK) periode 2013-2017. Model yang digunakan adalah Altman Z-Score Modifikasi. Adapun variabel yang dibandingkan adalah rasio Net Working Capital to Total Assets (X1), Retained Earning to Total Assets (X2), Earning Before Interest and Taxes to Total Assets (X3) dan Book Value of Equity to Book Value of Liabilities (X4) dan Z-Score . Adapun sampel penelitian ini 6 BUS dan 6 BUK selama periode 2013-2017. Metode analisis yang digunakan adalah Uji Independent Sampel T Test dan Uji Mann-Whitney menggunakan program SPSS versi 21.

Hasil uji analisis tingkat kinerja keuangan yang diukur menggunakan rasio Net Working Capital to Total Assets, , Earning Before Interest and Taxes to Total Assets, dan Book Value of Equity to Total Liabilities antara BUS dan BUK menunjukkan adanya perbedaan yang signifikan. Sedangkan tingkat kinerja keuangan yang diukur menggunakan rasio Retained Earning to Total Assets antara BUS dan BUK menunjukkan tidak adanya perbedaan yang signifikan. Serta perbandingan tingkat risiko kebangkrutan yang diukur berdasarkan Z-Score menunjukkan adanya perbedaan yang signifikan.

ENGLISH:

The growth of banking industry in the financial markets and the increasing variety of financial instruments allow bank to have very broad acces. The greater of the banking business walks, the bigger risk it will be faced. The purpose of this study is to compare the risk level of bankruptcy between Sharia Commercial Banks (SCB) and Conventional Commercial Banks (CCB) in the period 2013-2017. The model used is Altman Z-Score Modification. While the variables compared are the ratio of Net Working Capital to Total Assets (X1), Retained Earning to Total Assets (X2), Earning Before Interest and Taxes to Total Assets (X3) and Book Value of Equity to Book Value of Liabilities (X4) and Z- Score. The sample of this study is 6 BUS and 6 BUK during the period 2013-2017. The method used in this analysis is the Independent Sample T Test and the Mann-Whitney Test by using the 21 version of SPSS program.

The results of the analysis shows the level of financial performance measured by using the ratio of Net Working Capital to Total Assets, Earning Before Interest and Taxes to Total Assets, and The Book Value of Equity to Total Liabilities between SBC and CCB indicate a significant difference. While the level of financial performance measured using the Retained Earning to Total Assets ratio between SBC and CCB shows no significant differences. As well as a comparison of bankruptcy risk level measured based on the Z-Score also shows a significant differences.