Financial Health Analysis of Retail Sector Industry PT Sumber Alfaria Trijaya during Pandemic Covid-19 Uses Altman Z-Score in 2019 – 2021

The covid-19 pandemic has caused a major impact on the life of society and the country as well. The second year of mutualism with the Covid-19 pandemic is uneasy. However, it had brought Alfamart, a retail store under PT. Sumber Alfaria Trijaya to be tough. In this term, tough is defined as being strong in dealing with any occurring changes and circumstances and also being tough in optimizing all resources to deliver the best for our stakeholders with the aim of still making a profit. In order to manage the expectation of stakeholders to get profit and sustainability of the business, the company must have health checked on their finances. By Measuring the financial condition could identify indications of financial problems and could avoid the possibility of Bankruptcy. To avoid Bankruptcy, research has been conducted to analyze the financial health of the company using the Altman Z-Score method model for PT Sumber Alfaria Trijaya Tbk on the periods of 2019 – 202 1. The result of the analysis Altman Z-Score will result from the level of the company’s financial health as follows A Z-score above 2,99 indicates the financials of a company is in healthy condition. A Z-Score Scores between1,88 to 2,29 indicates that financial health is in the grey area and most likely to be in a critical period. A Z-score below 1,8 indicates that the financial health business has a high potentiality of bankruptcy.