Abstract:
The purpose of this research is to determine the comparability in predicting
potential bankruptcy using the Altman Z-Score, Springate, and Zmijewski methods
and the accuracy of the three methods.
The method in this research is purposive sampling with criteria needed by
researchers to be able to obtain sample. Samples obtained from the BEI for the
period 2017 to 2019 were 17 companies. The data used are secondary data.
The results of data analysis showed that there were differences in the results of
bankruptcy predictions between the Altman Z-Score, Springate, and Zmijewski
methods. From the results that the Zmijewski method is the method that has
highest accuray rate 64,71%.