|
| Years Before the Financial Failure Date | ||||||
| Average Values | One Year | Two Year | Three Year | ||||
| β | Odds Ratio | β | Odds Ratio | β | Odds Ratio | β | Odds Ratio |
Fixed Assets to Equity (FAE) | 1.416 | 4.244 | 1.698 | 5.461 | 1.451 | 4.268 | 1.099 | 3.002 |
Return on Equity Before Tax (ROE) | −4.190 | 0.015 | −4.036 | 0.018 | −4.279 | 0.014 | −4.256 | 0.014 |
Capital Turnover (CT) | −0.053 | 0.949 | −0.061 | 0.941 | −0.062 | 0.940 | −0.035 | 0.965 |
Constant | −0.506 | 0.606 | −0.519 | 0.595 | −0.632 | 0.532 | −0.368 | 0.692 |