Financial Distress Prediction Analysis using the Altman Z-Score Method in Tobacco Subsector Companies

Authors

  • Nadia Widya Septiana Program Studi Ilmu Administrasi Bisnis, Universitas Sam Ratulangi
  • Joula J Rogahang Program Studi Ilmu Administrasi Bisnis, Universitas Sam Ratulangi
  • Danny D. S. Mukuan Program Studi Ilmu Administrasi Bisnis, Universitas Sam Ratulangi

DOI:

https://doi.org/10.35797/ejp.v5i1.54676

Keywords:

Financial Distress, Altman Z-Score, Tobacco Subsector Companies

Abstract

This research aims to predict the occurrence of company financial distress conditions using the Altman Z-Score method with the object of research, namely tobacco subsector companies listed on the Indonesia Stock Exchange for the 2019-2022 period. The approach used in the research is a descriptive quantitative approach with secondary data sources. The data analysis technique used is using the Altman Z-Score method. The results showed that there was 1 tobacco company that was predicted to experience financial distress problems. While the other 3 tobacco companies are predicted to have a healthy and stable financial condition during the 2019-2022 period.

References

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Published

2024-05-31

How to Cite

Septiana, N. W., Rogahang, J. J., & Mukuan, D. D. S. (2024). Financial Distress Prediction Analysis using the Altman Z-Score Method in Tobacco Subsector Companies. Productivity, 5(1), 837–842. https://doi.org/10.35797/ejp.v5i1.54676

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