Downloads: 38 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper | Management | Indonesia | Volume 10 Issue 3, March 2021
Knowing the Impact of COVID-19 on the Financial Distress of PT XYZ with the Altman Z-Score and Springate Methods
Dina Sabrina, Muhammad Alfi Fudholi
Financial distress can be experienced by every company, both large and small companies because the factors that cause financial distress can come from within (internal) or outside (external) the company, internal factors that can affect the condition of financial distress, namely liquidity. , leverage, and company size, but externals such as the current Covid-19 pandemic can affect the risk of company bankruptcy, So the purpose of this study is to determine the tendency of PT XYZ, which is engaged in the XYZ sector to experience financial distress due to the Covid-19 pandemic. The research method used is descriptive analysis with a qualitative approach using the Altman Z-Score and Springate models as a comparison and finds that there is a decrease. financial performance in the second quarter
Keywords: financial distress, Altman Z-Score, Springate, COVID-19
Edition: Volume 10 Issue 3, March 2021
Pages: 1030 - 1032
How to Cite this Article?
Dina Sabrina, Muhammad Alfi Fudholi, "Knowing the Impact of COVID-19 on the Financial Distress of PT XYZ with the Altman Z-Score and Springate Methods", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=SR21313103042, Volume 10 Issue 3, March 2021, 1030 - 1032
Similar Articles with Keyword 'financial'
Credit Risk Assessment: The Structural Approach (MERTON Model) Applied to the Moroccan Banking Sector
A Case Study of Efficiency Analysis on Power Grid Corporation of India Ltd
Dr. Surbhi Gupta, Mohit Gupta
Similar Articles with Keyword 'distress'
The Impact of Work-Life Balance on the Wellbeing of Employees in the Telecom Sector
S. Vijaya Kumari, Dr. A. Manor Selvi
The Effect of Workplace HIV and Aids Programme Policy Awareness on Employee Benefit