| Groups of firms: | |||||
Active firms: | Bankrupt firms: | All firms: | ||||
Decrease in ROI | Increase in ROI | Decrease in ROI | Increase in ROI | Decrease in ROI | Increase in ROI | |
Median of growth rate: | ||||||
1) Net sales (NS) | 0.0190 | 0.0548 | 0.0089 | −0.0482 | 0.0189 | 0.0548 |
2) Total expenses (TE) | 0.0279 | 0.0465 | 0.0238 | −0.0740 | 0.0279 | 0.0464 |
3) Total assets (TA) | 0.0413 | 0.0458 | 0.0229 | −0.0495 | 0.0412 | 0.0457 |
Median of time series correlation: | ||||||
NS-TE & TA | 0.2368 | 0.4989 | 0.1894 | −0.1143 | 0.2356 | 0.4964 |
Frequencies (%): | ||||||
1) g(NS) ≥ 0 & g(TE) ≥ 0 & g(TA) ≥ 0 | 55.01 | 62.91 | 51.35 | 28.57 | 54.97 | 62.83 |
2) g(NS) ≥ 0 & g(TE) ≥ 0 & g(TA) < 0 | 6.71 | 10.67 | 5.41 | 0.00 | 6.70 | 10.65 |
3) g(NS) ≥ 0 & g(TE) < 0 & g(TA) ≥ 0 | 0.38 | 2.13 | 0.00 | 0.00 | 0.38 | 2.13 |
4) g(NS) ≥ 0 & g(TE) < 0 & g(TA) < 0 | 0.00 | 1.36 | 0.00 | 0.00 | 0.00 | 1.36 |
5) g(NS) < 0 & g(TE) ≥ 0 & g(TA) ≥ 0 | 3.32 | 0.00 | 2.70 | 0.00 | 3.31 | 0.00 |
6) g(NS) < 0 & g(TE) ≥ 0 & g(TA) < 0 | 2.14 | 0.07 | 1.35 | 0.00 | 2.13 | 0.07 |
7) g(NS) < 0 & g(TE) < 0 & g(TA) ≥ 0 | 12.09 | 6.86 | 8.11 | 0.00 | 12.05 | 6.84 |
8) g(NS) < 0 & g(TE) < 0 & g(TA) < 0 | 20.34 | 15.99 | 31.08 | 71.43 | 20.47 | 16.13 |
Total | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
Frequencies (%): | ||||||
1) g(NS) ≥ g(TE) ≥ g(TA) | 0.51 | 38.56 | 0.00 | 28.57 | 0.50 | 38.53 |
2) g(NS) ≥ g(TA) ≥ g(TE) | 0.00 | 6.93 | 0.00 | 14.29 | 0.00 | 6.95 |
3) g(TE) ≥ g(NS) ≥ g(TA) | 32.86 | 10.71 | 31.08 | 0.00 | 32.84 | 10.68 |
4) g(TA) ≥ g(NS) ≥ g(TE) | 10.35 | 43.14 | 2.70 | 57.14 | 10.26 | 43.18 |
5) g(TE) ≥ g(TA) ≥ g(NS) | 8.01 | 0.00 | 13.51 | 0.00 | 8.08 | 0.00 |
6) g(TA) ≥ g(TE) ≥ g(NS) | 48.27 | 0.66 | 52.70 | 0.00 | 48.32 | 0.66 |
Total | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
Number of firms | 6302 | 2858 | 74 | 7 | 6376 | 2865 |
% | 68.80 | 31.20 | 91.36 | 8.64 | 69.00 | 31.00 |