IDEAS home Printed from https://ideas.repec.org/a/ids/ijmefi/v12y2019i1p59-74.html
   My bibliography  Save this article

FDPM after the global price crisis in the coal industry

Author

Listed:
  • Ni Nyoman Sawitri

Abstract

Using the Altman model, the Springate model and the Ohlson model, this study aimed to determine if these financial distress prediction models (FDPM) would perform well in forecasting financial distress in the coal industry companies listed on the Indonesia Stock Exchange (IDX) from 2012 to 2016. Furthermore, this study compared which of these models is the most appropriate for predicting financial distress. The results showed that it is possible to use FDPM to forecast financial distress in relation to the coal companies listed on the IDX. The calculations obtained from the three methods show that some coal companies are experiencing significant financial distress, and the Springate model is the most appropriate FDPM for predicting financial distress.

Suggested Citation

  • Ni Nyoman Sawitri, 2019. "FDPM after the global price crisis in the coal industry," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 12(1), pages 59-74.
    • Handle: RePEc:ids:ijmefi:v:12:y:2019:i:1:p:59-74
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=98699
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmefi:v:12:y:2019:i:1:p:59-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=218 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.