Variable

B

S.E,

Wals

Sig.

Profitability $F_1$

−3.463

1.120

9.553

0.002

Solvency $F_2$

−2.330

0.788

8.750

0.003

Flow ability $F_3$

−3.327

1.009

10.875

0.001

$X_{26}$

1.698

0.807

4.422

0.035

Constant

−4.565

1.894

5.809

0.016

−2 log likelihood value

34.001b

Cox & Snell R side

0.559

Nagelkerke R side

0.746