Analysis of Springate Method and the Altman Z-Score Method for Predicting the Financial Distress
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Abstract
This research was conducted to analyse and determine the bankruptcy prediction of PT Elang Mahkota Tbk for the 2017-2022 period using the Springate method and the Altman Z-Score method. The sample of this research is PT Eagle Mahkota Tbk. The data collection technique used is the documentation method. Data analysis techniques include Descriptive Statistical Analysis, Normality Test, Paired Sample T-Test and Accuracy Test of Methods and Error Types. The research results are based on calculations and analysis of the Springate and Altman Z-Score methods.
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