Student Research Journal
Vol. 1 No. 2 (2023): April : Student Research Journal

ANALISA PREDIKSI FINANCIAL DISTRESS DENGAN METODE GROVER O-SCORE PADA PT TRI BANYAN TIRTA TBK PADA TAHUN 2016-2020

Irine Fauziah Putri (Universitas Islam Kadiri)
Trisnia Widuri (Universitas Islam Kadiri)
Zaenul Muttaqien (Universitas Islam Kadiri)



Article Info

Publish Date
24 Jan 2023

Abstract

The development of globalization is progressing very rapidly and is expanding, this causes companies that are old enough to be difficult to compete with experienced companies. So the company can experience financial distress that can lead to bankruptcy. One of the companies that are threatened with financial distress is PT Tri Banyan Tirta Tbk in 2016-2020. The model used in this study is the Grover O-Score Model, which is a model made by assessing and redesigning the Altman Z-Score. The purpose of this study was to explain the prediction of financial distress using the Grover O-Score Method at PT Tri Banyan Tirta Tbk. The results of the study state in 2016 the company experienced non- distress with classification of 0.024, in 2017 the company experienced non- distress with classification of -0,026, in 2018 the company experienced financial distress with classification of -0.0.100, in 2019 the company experienced financial distress with classification of 0.005, in 2020 the company experienced financial distress with classification of -0.002.

Copyrights © 2023






Journal Info

Abbrev

srj

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Education Social Sciences

Description

1. Ilmu Sosial 2. Ilmu Ekonomi 3. Akuntansi 4. Manajemen 5. Kebudayaan 6. Pendidikan 7. Sejarah 8. Pariwisata 9. Gender 10. Humaniora 11. Seni Budaya 12. Linguistik 13. Sastra 14. Filsafat 15. Studi Agama 16. Studi Media dan Komunikasi 17. Berbagai bidang penelitian yang ...