Research in Accounting Journal
Vol. 2 No. 2 (2021): RAJ (Research in Accounting Journal)

ANALISIS FINANCIAL DISTRESS DENGAN MENGGUNAKAN METODE ALTMAN Z-SCORE, SPRINGATE, ZMIJWESKI, DAN GROVER PADA PT.ULTRAJAYA MILK INDUSTRY AND TRADING COMPANY TBK DARI TAHUN 2016-2019

Rahmawati, Novia (Unknown)
Sansitika, Desy Ria (Unknown)
Azmi, Zul (Unknown)
Suryadi, Nanda (Unknown)
Sinaga, Annisa Nauli (Unknown)



Article Info

Publish Date
27 Oct 2021

Abstract

The purpose of this study is to determine, analyze, and predict the financial difficulties faced by PT. Ultrajaya Milk Industry and Trading Company Tbk which are listed on the Indonesia Stock Exchange for the 2016-2019 period using the Atman Z-Score, Springate, Zmijweski, and Grover methods. This study uses secondary data, namely the annual financial statements of PT.Ultrajaya Milk Industry and Trading Company Tbk for the 2016-2019 period, recorded using document technique records and analyzed using the Atman Z-Score, Springate, Zmijweski, and Grover methods. The final results of this study indicate that PT.Ultrajaya Milk does not experience Financial Distress, this is because the results of using these methods obtain numbers that exceed the standards set by the method.

Copyrights © 2021






Journal Info

Abbrev

raj

Publisher

Subject

Economics, Econometrics & Finance

Description

Reseach In Accounting Journal (RAJ) reviewed covers theoretical and applied research in the field of Accounting and Finance. Priority is given to those articles which satisfy the main scope of the journal, and have an impact in the research areas of interest. The RAJ Journal is intended to be the ...