Analisis Financial Distress pada Perusahaan PT Pembangunan Perumahan menggunakan Model Altman Z-Score dan Zmijewski Periode 2020-2022
Rena Mustari Mokoginta
Abstract:: Financial distress refers to the state of a company encountering financial difficulties due to increased debt. The cumulative debt of PT Pembangunan Perumahan (PTPP) had consistently risen from 2020 to 2022. This study aimed to determine the PTPP company's financial condition for 2020-2022 by employing the Altman Z-Score and Zmijewski models. This research utilised descriptive type. The study’s findings indicated that the Altman Z-Score model classified the PTPP company as being in the grey zone situation in… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.