The difference between the altman z-score and springate models in analyzing the business sustainability of pt. sri rejeki isman tbk

HIGHLIGHTS

  • What: The aim of this study was to determine the difference between and in predicting going concern and find out which model has the highest level of accuracy between the and models at The result of the and models calculations from the period 2019 - 2023 show that has a slight difference in the calculation results and interpretation where the model shows that is in a position prone to bankruptcy in 2019 - 2020 then in 2021 experienced bankruptcy and returned to bankruptcy prone in 2022-2023. The aim of this study is to find similarities in financial ratios . . .

     

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