Predicting financial distress of Bhutan telecom limited

Abstract

In the country of Gross National Happiness, the telecom industry is showing a momentous and a stable growth. The cellular network is gaining momentum across the country to connect people in the remotest part of Bhutan so that the people receive the benefits of digitalization. The present research examines the three renowned accounting based prediction models for analysing the healthiness of Bhutan Telecom limited (BTL). The applications of models under study are Altman’s Z-score, Springate and Zmijewski. The findings of the study reveal that BTL under the three well-known models found to be healthy.