The Use of Discriminant Analysis to Assess the Risk of Bankruptcy of Enterprises in Crisis Conditions Using the Example of the Tourism Sector in Poland

The aim of this article is to use multiple discriminant analysis (MDA) and logit models assess the risk bankruptcy companies in Polish tourism sector crisis conditions caused by COVID-19 pandemic. A review literature used select appropriate analyze enterprises listed on Warsaw Stock Exchange (WSE). data are from half-year financial statements (the first half 2019 2020, respectively). obtained results compared with current values Altman EM-score model selected ratios. An allowed estimation Poland as well assessment prognostic value these a collapse market Poland. fills research gap created negligible solvency constitutes basis for estimating situation.