Analisis Financial Distress Menggunakan Metode Springate, Zmijewski pada PT AirAsia Indonesia Tbk Sebelum dan Selama COVID-19

Abstract

This study aims to determine indications of financial distress at the airline company PT Air Asia Indonesia Tbk before Covid19 (2018-2019) and during Covid-19 (2020-2021) using the Springate and Zmijewski models. The data used in this study is PT Air Asia Indonesia Tbk's financial statement data for 2018-2021 obtained through the company's website. The results of the study using the Springate and Zmijewski models show that the airline company PT Air Asia Indonesia Tbk is in a state of financial distress before Covid19 (2018-2019) and during Covid-19 (2020-2021).