Financial Ratios | Altman [1] | Taffler [24] | Grammatikos and Gloubos [3] X Model | Grammatikos and Gloubos [4] Y Model | Dimitras et al. [5] | Zopounidis and Doumpos [4] |
Profitability |
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EBIT/Total assets | X |
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| X | X |
Profit before tax/Current Liabilities |
| X | X | X |
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Earnings after Tax to Current Liabilities |
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| X | X |
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Net Income to Gross Profit |
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| X | X |
Net income to Total Assets |
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| X | X |
Liquidity |
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Working Capital/Total Assets | X |
| X | X |
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Current Assets/Total Liabilities |
| X |
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| X | X |
Current liabilities to current assets |
| X |
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Current Assets to Total Assets |
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| X |
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Notes payable to total assets |
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| X |
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Quick Assets to Current Liabilities |
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| X | X |
Current Liabilities To Total Assets |
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| X | X |
Leverage |
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Equity Market Value to Total Liabilities | X |
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Retained Earnings/Total Assets | X |
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Net worth to Net worth + Long term debt |
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| X | X |
(Long term debt + current liabilities) to total assets |
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| X | X |
Net worth to Net fixed assets |
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| X | X |
Turnover |
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Sales/Total Asset | X |
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No-credit interval in days |
| X |
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Inventories/Net working Capital |
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| X |
| X | X |
Net Income to Total Worth |
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| X | X |
Working capital to net worth |
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| X | X |