International Journal of Economics and Management Research
Vol. 1 No. 2 (2022): August: International Journal of Economics and Management Research

PREDICTING BANKRUPTCY USING SPRINGATE, ZMIJEWSKI, AND GROVER AT PT BLUE BIRD TBK PERIOD 2016-2021

Hernawaty, Hernawaty (Unknown)
Maya Macia Sari (Unknown)
Eva Nanda Wulandari (Unknown)

Article Info

Publish Date
28 Aug 2022

Abstract

This quantitative descriptive study aims to determine the Springate Method, Zmijewski Method, and Grover Method to analyze bankruptcy at PT Blue Bird Tbk. The period used in this study is six years, starting from 2016-2021. This research was conducted by taking secondary data from financial statements obtained from the official website www.bluebirdgroup.com. The results showed that using the Springate method in 2016 and 2018 were in a prone area or on the verge of bankruptcy; in 2017, this Company was in good condition, while in 2019-2021, this Company went bankrupt. Using the Zmijewski method shows that in 2016-2021 this Company did not go bankrupt, and the Grover method shows that in 2016-2021 this Company did not go bankrupt. In this case, the Springate method accurately analyzed bankruptcy at PT Blue Bird Tbk.

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Journal Info
International Journal of Economics and Management Research
Website

Abbrev

ijemr

Publisher

International Forum of Researchers and Lecturers

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Economics and Management Research, an electronic international journal, provides a forum for publishing the original research articles, review articles from contributors, and the novel technology news related to management, accounting and economic. This journal encompasses ...