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Table 6 Descriptive Statistics of the Final Profile of the Financial Ratios

From: Re-estimation and comparisons of alternative accounting based bankruptcy prediction models for Indian companies

Sample

Statistic

BVEBVD

SLTA

NITA

NITL

Estimation

    

 Distressed (N = 65)

Mean

−0.157

0.984

−0.289

−0.191

 

SD

0.200

1.040

0.321

0.230

 Non-Distressed (N = 65)

Mean

0.481

2.013

0.044

0.360

 

SD

0.299

2.965

0.094

2.586

Holdout

     

 Distressed (N = 39)

Mean

−0.157

1.521

−0.843

−0.192

 

SD

0.264

1.919

1.863

0.602

 Non-Distressed (N = 39)

Mean

3.359

2.522

0.110

0.094

 

SD

7.173

3.111

0.169

0.160

  1. Source: Author’s estimation