International Journal of Economics (IJEC)
Vol. 4 No. 1 (2025): January-June

Analysis Financial Reports in Financial Prediction Distress with Method Grover and Springate on LQ45 Indexed Companies on BEI 2019 - 2022

Safitri, Eka (Unknown)
Cloudya, Afifah (Unknown)
Mujanah, Siti (Unknown)
Fianto, Achmad Yanu Alif (Unknown)



Article Info

Publish Date
19 May 2025

Abstract

Analysis of the influence of financial distress and financial ratios with the Grover and Springate method is used to conduct a thorough examination of financial performance periodically over a certain period of time. so the purpose of this study is to determine how healthy a company is in the technology sector by analyzing factors that affect financial distress through financial ratios and the formula equation of the grover and Springate method. The results of this study are that the use of the GorgonL.V or S-SCORE method is a consistent method in predicting financial distress in companies, namely by approaching sales and total assets. by conducting financial distress predictions, companies can find out and prove the existence of factors that cause companies to go bankrupt. By increasing sales and proper management of total assets, companies can make high profits

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Journal Info

Abbrev

ijec

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal of Economics (IJEC) E-ISSN. 2961-712X is a refereed publication that comes to address the Economic and Administration challenges that economic units of various nature face in today’s rapidly changing international economic environment. It is designed to publish original and ...