Coef.

Std. Err.

z

P > |z|

[95% Conf.

Interval]

Sales_ta

0.027

0.047

0.560

0.572

−0.066

0.119

Ebitda_ta

−2.133

0.598

−3.570

0.000

−3.304

−0.962

Debt ratio

2.298

0.283

8.130

0.000

1.744

2.852

Current ratio

−0.034

0.019

−1.730

0.083

−0.072

0.004

Net profit margin

−1.749

0.371

−4.720

0.000

−2.476

−1.023

Receivables turn

−0.002

0.004

−0.540

0.587

−0.010

0.006

Retain_ta

0.537

0.309

1.730

0.083

−0.070

1.143