This research was conducted with the aim to measure financial distress in
Indonesia telecommunication company and analyze the best method to
measure financial distress in telecommunication company using Altman ZScores,

Springate Model, Zmijewski Model and Grover Model. To analyze
financial distress, this research uses Altman Z-Scores, Springate Model,
Zmijewski Model and Grover Model. To analyze the best financial distress
prediction model, this research uses accuracy rate model. The type of data
used in this research is secondary data taken from Indonesia Stock Exchange
and company’s official website. The sample used in this research are 4
telecommunication companies in Indonesia.
The result based on Altman, Springate, Zmijewski and Grover mode is
company experience financial distress because current liabilities are greater
than current assets. Accuracy test results shows that Zmijewski model is the
most accurate model because its score is the highest.