KOMPARASI METODE PREDIKSI FINANCIAL DISTRESS Studi Kasus Pada Laporan Keuangan PT. Smartfren Telecom Tbk. Periode 2018 – 2021
Abstract
PT. Smartfren Telecom Tbk (FREN) experienced operating losses for 4 consecutive years (2018-2021). Decreased or even negative profits are a potential for financial distress. Through a comparison of the Modified Altman Z"-Score, Springate, and Zmijewski techniques applied to PT. Smartfren Telecom Tbk from 2018 to 2021, this research aims to identify the financial conditions that may lead to possible financial crisis. This research uses a descriptive quantitative approach grounded on financial distress analysis techniques to ascertain the value of the Zmijewski X-Score, the Springate S-Score, and the Modified Altman Z"-Score. The results show that both the Altman Z"-Score and the Springate S-Score indicate that one is not having financial problems. The findings of the Altman Z"-Score and the Springate S-Score are identical, according to the study statement. Results from the Zmijewski X-Score method, on the other hand, are different.
Keywords
References
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