ABSTRACT
Property and real estate have a direct contribution to the national economy. In Recent years property’s demand has decreased, it caused property developers complaining about the sluggish of property industry and choosing to go out of business. Some companies suffered losses that if left uninterrupted, would result in Bankruptcy. The aims of this study is to analyse bankruptcy prediction of property and real estate companies using Altman and Zavgren models and then compare the two models by analysing the level of accuracy of each bankruptcy prediction model. The data used in this study are secondary data in the form of financial statements of each properties and real estate companies listed on the Indonesia stock exchange period 2014-2018. The results of this study indicate that Altman Z”-Score model is more accurate than Zavgren model.
