Variable | N | Mean | SD | Min | Median | Max |
T_lev | 24,186 | 0.272 | 0.055 | 0.138 | 0.270 | 0.402 |
DEV | 24,186 | 0.066 | 0.162 | −0.567 | 0.091 | 0.402 |
Δlev | 24,186 | 0.007 | 0.081 | −0.705 | 0 | 0.691 |
MMC | 24,186 | 0.150 | 0.032 | 0 | 0.151 | 0.386 |
Lev | 24,186 | 0.214 | 0.172 | 0 | 0.195 | 0.691 |
EBIT | 24,186 | 0.049 | 0.069 | −0.272 | 0.048 | 0.232 |
Dep | 24,186 | 0.022 | 0.016 | 0.001 | 0.019 | 0.073 |
Size | 24,186 | 21.940 | 1.266 | 19.12 | 21.800 | 25.620 |
Tangibility | 24,186 | 0.247 | 0.177 | 0.002 | 0.214 | 0.743 |
TobinQ | 24,186 | 1.994 | 1.916 | 0.204 | 1.413 | 11.304 |
Ind_level | 24,186 | 0.192 | 0.099 | 0 | 0.180 | 0.573 |