International Journal of Quantitative Research and Modeling
Vol. 5 No. 4 (2024)

Comparison of Altman Z-Score Model and Springate Model in Predicting Financial Distress: Case Study of FMCG Companies in Indonesia

Dailami, Ahmad (Unknown)
Erifianto, Mochamad Kardofa (Unknown)

Article Info

Publish Date
30 Jan 2025

Abstract

Financial distress is a serious threat to the sustainability of a company. This study aims to evaluate the ability of the Altman Z-Score model and the Springate model in predicting the possibility of financial distress in FMCG companies. By comparing the performance of the two methods, this study is expected to provide recommendations for the most appropriate method to use in monitoring the company's financial health. The results of this study have important implications for investors, creditors, and company management in making investment and risk management decisions.

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Journal Info
International Journal of Quantitative Research and Modeling
Website

Abbrev

ijqrm

Publisher

Research Collaboration Community

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Engineering Environmental Science Physics

Description

International Journal of Quantitative Research and Modeling (IJQRM) is published 4 times a year and is the flagship journal of the Research Collaboration Community (RCC). It is the aim of IJQRM to present papers which cover the theory, practice, history or methodology of Quatitative Research (QR) ...