|
| Groups of firms: | |||||
| Active firms: | Bankrupt firms: | All firms: | ||||
| Decrease in TCF | Increase in TCF | Decrease in TCF | Increase in TCF | Decrease in TCF | Increase in TCF | |
| Median of growth rate: | ||||||
| 1) Net sales (NS) | 0.0231 | 0.0395 | 0.0099 | −0.0471 | 0.0230 | 0.0393 |
| 2) Cash expenses (CE) | 0.0322 | 0.0317 | 0.0273 | −0.0644 | 0.0321 | 0.0317 |
| Median of time series correlation: | ||||||
| NS − CE & NS | 0.5372 | 0.7117 | 0.4443 | 0.3481 | 0.5345 | 0.7095 |
| Frequencies (%): | ||||||
| 1) g(NS) ≥ 0 & g(CE) ≥ 0 | 64.33 | 67.39 | 56.16 | 37.50 | 64.23 | 67.32 |
| 2) g(NS) ≥ 0 & g(CE) < 0 | 0.00 | 3.52 | 0.00 | 0.00 | 0.00 | 3.51 |
| 3) g(NS) < 0 & g(CE) ≥ 0 | 4.76 | 0.00 | 1.37 | 0.00 | 4.72 | 0.00 |
| 4) g(NS) < 0 & g(CE) < 0 | 30.91 | 29.09 | 42.47 | 62.50 | 31.05 | 29.17 |
| Total | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Frequencies (%): | ||||||
| 1) g(NS) ≥ g(CE) | 0.00 | 100.00 | 0.00 | 100.00 | 0.00 | 100.00 |
| 2) g(CE) ≥ g(NS) | 100.00 | 0.00 | 100.00 | 0.00 | 100.00 | 0.00 |
| Total | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Number of firms | 5753 | 3407 | 73 | 8 | 5826 | 3415 |
| % | 62.81 | 37.19 | 90.12 | 9.88 | 63.05 | 36.95 |