Variable

Name of ratio

t-value

95% Confidence interval

p-value

Lower bound

Upper bound

V01

EBITDA margin

−1.5345

−1.9585

3.232

0.146

V02

EBIT margin

−1.7347

−2.6222

2.758

0.178

V03

ROE

2.1732

−3.668

2.3846

0.076*

V04

ROA

−0.5346

−1.8722

1.9621

0.554

V05

Net assets turnover

0.38525

−1.7258

7.629

0.802

V06

Interest cover

−1.047

−1.8346

3.6295

0.252

V07

Collection period

−1.7657

−1.5715

1.8915

0.03***

V08

Credit period

−0.6774

−1.6712

2.143

0.452

V09

Current ratio

1.7219

−8.554

14.2196

0.614

V10

Liquidity ratio

1.7221

−9.3666

13.5516

0.644

V11

Solvency ratio

−0.4747

−2.1963

2.434

0.652

V12

Gearing

0.2599

−1.678

5.338

0.826