المجلة الدولية للاداء الاقتصادي
Volume 6, Numéro 1, Pages 308-323
2023-06-04

The Role Of Modern Models In Predicting Financial Failure Of Economic Institutions: An Empirical Study On Saidal Group For The Period (2017-2020)

Authors : Haouam Lamia .

Abstract

Abstract: This research paper aims to determine the possibility of predicting the financial failure of economic institutions by applying quantitative analysis models to predict financial failure on Saidal group, based on the indicators and financial ratios extracted from financial statements and reports for the study years from 2017 to 2020. This is done using both the Altman and Kida models. One of the most important results obtained is that Saidal group is at risk of financial failure, as indicated by the results of the models, which have shown weaknesses and flaws in the company. Therefore, it is necessary to take the necessary measures and work to improve its financial situation before falling into a state of bankruptcy. Key words: Financial Failure, Models for Predicting Financial Failure, Altman Model, Kida Model.

Keywords

Financial Failure ; Models for Predicting Financial Failure ; Altman Model ; Kida Model