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Table 5 Final weights of criteria and sub-criteria using BWM

From: A multicriteria credit scoring model for SMEs using hybrid BWM and TOPSIS

Main criteria Local weight in % Sub criteria under financial Local weight in% Global weight of financial criteria Sub-criteria Local weight in % Global weight in %
Financial 41.67 Liquidity 38.79 16.16 Current ratio 16.67 2.69
Quick ratio 29.17 4.71
Cash ratio 54.17 8.75
Leverage 6.06 2.53 Debt equity ratio 22.86 0.58
Outside liabilities/Net worth 62.86 1.59
Proprietary ratio 14.29 0.36
Coverage 15.76 6.57 Debt service coverage 53.85 3.54
Interest coverage 30.77 2.02
Fixed assets coverage 15.38 1.01
Efficiency 15.76 6.57 Stock turn over 24.44 1.60
Debtors turnover 64.44 4.23
Creditor turnover 11.11 0.73
Profitability 23.64 9.85 Return on capital 64.44 6.35
Operating profit ratio 24.44 2.41
Net profit ratio 11.11 1.09
Industry/business 8.33     Outlook of industry 7.69 0.64
Demand–supply gap 15.38 1.28
Production strength 15.38 1.28
Marketing strength 23.08 1.92
Sales growth 38.46 3.21
Managerial 16.67     Type of firm 5.45 0.91
Education and experience 14.17 2.36
Integrity and commitment 34.88 5.81
Succession planning 10.63 1.77
Financial flexibility and group support 34.88 5.81
Conduct of account 33.33     Credit history 38.46 12.82
Repayment period 23.08 7.69
Compliance 15.38 5.13
Government approvals 15.38 5.13
Audit of accounts 7.69 2.56