Econometric Models For Forecasting The Bankruptcy Of A Construction Company
Table 2:
Coefficient | Calculation | Values for 2018 | Factor | Product |
1 | 2 | 3 | 4 | 5 |
t1 | Working capital to the total assets ratio | -0,83 | 6,56 | -5,47 |
t2 | The ratio of retained earnings to the value of all assets | <0,01 | 3,26 | <0,01 |
t3 | EBIT to total assets ratio | <0,01 | 6,72 | 0,01 |
t4 | Ratio of equity to borrowed capital | 0,03 | 1,05 | 0,03 |
Altman's z-account: | -5,42 |