Thepurposeofthis studywas todeterminehowthecompany's financialcondition fortheperiod2012-2021andpredictionsofbankruptcyat PT.ArgoPantesTbkin2022.Themethodusedinthis researchis descriptivestatisticalanalysis methodusingAltmanz-scoreanalysis method.TheresultsshowthatthefinancialconditionofPT.ArgoPantesTbkduring theperiod2012-2021,has abadfinancialcondition,this isbasedonthecompany'saverageratio of0andsomeratiosarenegative.The resultsofthe"Z"analysisshowanegativevalueeachyear, ,itmeansthatthecompanyisina distressorunhealthyzone.SothatthebankruptcyofPT. Argo PantesTbk in2022 canoccurin view of the company'spoorfinancial condition andwillworsen if the companydoesnot immediately improveitsfinancialhealthcondition.
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