JURNAL EKSBIS
Vol 25 No 1 (2024): EKBIS (Jurnal Analisis, Prediksi dan Informasi

ANALYSIS OF FINANCIAL DISTRESS AND BANKRUPTCY OF PT GARUDA INDONESIA TBK

Hadi Sucipto, Rakhmat (Unknown)
Daniel, Daniel (Unknown)
Sumantri, Fazhar (Unknown)
Indra, Natal (Unknown)



Article Info

Publish Date
30 Mar 2024

Abstract

The research uses five bankruptcy prediction models, namely Altman, Springate, Grover, Zmijewski, and Ohlson. The research complements this with an independent samples t-test. The results of the analysis prove that the company is experiencing financial distress. Accuracy tests show that the Zmijewski method produces the highest accuracy rate of 80%, followed by Springate (60%), Grover (60%), Altman (50%), and Ohlson (40%). Based on the independent sample t-test, there are significant differences between the Altman and Springate, Altman and Zmijewski, Altman and Ohlson, Springate and Zmijewski, Springate and Ohlson, Grover and Zmijewski, and Grover and Ohlson methods, but there is no real difference between the Altman and Grover, Springate and Grover, and Zmijewski and Ohlson.

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Journal Info

Abbrev

ekbis

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekbis : Jurnal Analisis,Prediksi dan Informasi Universitas Islam Lamongan dengan nomor terdaftar ISSN 1979-746X (cetak) dan ISSN 2621-4210 (online) adalah jurnal akses terbuka ilmiah yang diterbitkan oleh Litbang Pemas - Universitas Islam Lamongan. Jurnal Ekbis bertujuan untuk mempublikasikan ...