PERBANDINGAN MODEL ALTMAN, SPRINGATE, DAN ZMIJEWSKI SEKTOR MANUFAKTUR INDONESIA

This study was conducted to evaluate the level of financial distress or bankruptcy manufacturing sector listed on Indonesia Stock Exchange and find most accurate predictive model in predicting difficulties bankruptcy. Researchers used 2015 data measure then compared it net profit (loss) 2016-2019 validate accuracy predictions. The three prediction models being were Altman Z-score, Springate, Zmijewski. results showed that highest Z-score model, second third this appropriate predictions for year (2018) fourth (2019) with (76.88%) first year. It is recommended investors, creditors, management companies use evaluating probability company from year.
 Keywords: comparative analysis, sector, Springate Zmijewski model
 Penelitian ini dilakukan untuk mengevaluasi tingkat kesulitan keuangan atau kebangkrutan sektor manufaktur yang terdaftar di Bursa Efek dan menemukan prediksi paling akurat dalam memprediksi kebangkrutan. Peneliti menggunakan tahun mengukur kemudian dibandingkan dengan laba (rugi) bersih pada validasi keakuratan prediksi. Tiga adalah Hasil penelitian menunjukkan bahwa tertinggi diperoleh kedua ketiga Model tepat keempat pertama. Disarankan bagi investor, kreditor, maupun manajemen perusahaan dapat kemungkinan dari prediksi.
 Kata kunci: analisis komparatif, zmijewski,