ANALISIS POTENSI KEBANGKRUTAN KOPERASI DI KABUPATEN PANGKEP

Abstract

The bankruptcy of a cooperative is a business condition that is not desired by all cooperative
stakeholders. The bankruptcy of a cooperative is sometimes not only miserable for its members
as owners and customers, but not a few bankruptcies of cooperatives leave a prolonged
problem. This study aims to determine the potential for bankruptcy for cooperatives in Pangkep
Regency using the Altman Z-Score formula. The research data is sourced from the financial
statements of Cooperatives taken by purposive sampling, namely cooperatives that have held
the Annual Member Meetings and submitted financial reports for the 2020 Fiscal Year. The
results of this study indicate that of the 20 selected samples of cooperatives, 19 cooperatives
are classified as healthy with a Zi value range. 3.88-9.59, and there is 1 cooperative classified
as prone to bankruptcy with a Zi value of 1.25. It can be concluded that generally Cooperatives
in Pangkep Regency are still healthy in 2020. For cooperatives that are categorized as prone to
bankruptcy, it is important to immediately increase their working capital so that they do not
experience bankruptcy