Revue Finance & marchés
Volume 11, Numéro 1, Pages 38-50
2024-03-21

A Comparative Analytical Evaluation Of Ca Score, Kida, Springate Models For Financial Distress Prediction: The Case Of Algeria

Authors : Sabek Amine .

Abstract

This research aims to utilize various predictive models—CA score, Kida, and Springate—across multiple companies listed on the Algiers Stock Exchange between 2015 and 2019. The findings revealed that the CA score model demonstrated greater accuracy compared to the other two models. In contrast, both the Springate and Kida models exhibited lower accuracy and generated confused and conflicting results across several company statuses.

Keywords

Financial distresss ; Prediction ; CA score model ; Kida model ; Springate model