COMPARATIVE ANALYSIS OF FINANCIAL DISTRESS PREDICTION MODELS FOR SLOVAK COMPANIES

Analysis of financial state of the company and prediction of its future development or the risk of imminent bankruptcy is very important not only for company management, but also for its creditors, employees and other company stakeholders. For this reasons are nowadays bankruptcy prediction models in the center of attention of economists all over the world. In the paper we focus on verification of prediction ability of bankruptcy models created in countries of V4. We analyze the most used models from these countries and compare the accuracy of their prediction of financial distress for several selected companies using real data from last years.