Predicting Bankruptcy of India Company Ltd By Applying Altman Z-Score Model A Comprehensive Study in Bangalore City

Abstract: Bankruptcy is a situation where the liabilities exceed the assets in the company, generally it happens due to under capitalization, not maintain sufficient cash, sources are not utilized properly, in efficient management, sales decline and market situation etc. The companies with unstable financial condition will face bankruptcy. The main objective of the study has attempted to analyses the risk of bankruptcy with the help of financial tool i.e., Altman Z-Score Model. The study is based on secondary data collected from the annual reports published by the company. Data collected for a period of five years between 2018-19 to 2022-23.