Abstract
The population in this study were seven oil and gas companies on the Indonesia Stock Exchange in 2012-2017. The sampling method used in this study was saturated sampling. This study uses Zmijewski model and Grover model to predict financial distress. The prediction results of financial distress using Zmijewski model in 2012 and 2013 predicts Radiant Utama Interinsco Tbk to experience financial distress, in 2014 predicts that all companies not experience financial distress, in 2015 predict Energi Mega Persada Tbk and Medco Energi Internasional Tbk to experience financial distress, in 2016 predict Energi Mega Persada Tbk and Benakat Integra Tbk to experience financial distress and in 2017 predict Energi Mega Persada Tbk to experience financial distress. The prediction results of financial distress using Grover model from 2012-2014 predict that all companies not experience financial distress, in 2015 and 2016 predict Benakat Integra Tbk and Energi Mega Persada Tbk to experience financial distress and in 2017 predict Benakat Integra Tbk to experience financial distress and predict Energi Mega Persada Tbk and Surya Esa Perkasa Tbk are in the grey area.
 Keywords : financial distress, zmijewski model and grover model
Highlights
This study aims to predict financial distress by using Zmijewski model and Grover model
Sehingga 5 perusahaan tersebut diprediksi berada dalam zona non distress atau tidak mengalami finanial distress sesuai dengan cut off dari model zmijewski
Hal tersebut dapat dilihat dari hasil perhitungan model zmijewski untuk 5 perusahaan rasio X kurang dari 0 (X
Summary
This study aims to predict financial distress by using Zmijewski model and Grover model. Prediksi financial distress dengan menggunakan model zmijewski pada tahun 2014 didapatkan hasil bahwa semua perusahaan diprediksi berada pada posisi sehat atau tidak mengalami masalah keuangan.
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
