International Journal of Neutrosophic Science IJNS 2690-6805 2692-6148 10.54216/IJNS https://www.americaspg.com/journals/show/2983 2020 2020 Department of Management and Marketing, Urgench State University, Urgench, 220100, Uzbekistan IlyРIlyоs Department of Economics and Management of Elabuga Institute, Kazan Federal University, Kazan, 420008, Russia Eduard Osadchy Department of Management, RUDN University, Moscow, 117198, Russia Natalya Shcherbakova Department of Corporate Finance and Corporate Governance, Financial University under the Government of the Russian Federation, Moscow, 125993, Russia: Department of Valuation and Corporate Finance, Moscow University for Industry and Finance "Synergy", Moscow, 127015, Russia Irina Kosorukova The financial constraints of companies listed jeopardize the interests of employees and internal managers but also carries significant threats to outer investor and other stakeholders. Thus, there is need to create an effective financial distress predictive system.  The two most pressing issues in finance are assessing credit risk and predicting bankruptcies. Thus, credit scoring and financial distress prediction remain crucial areas of research in the financial industry. Previous research has aimed at the design of ML and statistical approaches to predict the financial distress of the company. Neutrosophic set may be utilized, which is a generality of classical, fuzzy, and intuitionistic fuzzy sets (IFS). They establish a foundation for addressing inconsistency, indeterminacy, and uncertainty associated with real-world challenges. This study presents an Innovative Approach to Financial Distress Prediction using Relative Weighted Neutrosophic Valued Distances (IAFDP-RWNVD) technique. The IAFDP-RWNVD technique intends to estimate the occurrence of financial distress in any firm or organization. In the IAFDP-RWNVD technique, two major processes are comprised. At the primary stage, the IAFDP-RWNVD technique applies RWNVD technique for the identification of financial distress. In the second stage, the IAFDP-RWNVD technique designs fish swarm algorithm (FSA) for finetuning the RWNVD model. The experimental outcomes of the IAFDP-RWNVD method is investigated using distinct aspects. The experimentation outcome shows the improvements of the IAFDP-RWNVD technique. 2025 2025 370 381 10.54216/IJNS.250133 https://www.americaspg.com/articleinfo/21/show/2983