20 million firm-year observations from 24 industries in 21 countries. It uses 19 financial ratios to assess sectoral … global financial crisis, a significant proportion of financial ratios exhibited favorable trends, indicating robust business …-19 pandemic. By 2021, the financial ratios had reverted back to their historical patterns. Country membership, margin …

corporate default. Classical financial ratios have often failed to predict the default of micro-, small- and medium-sized firms … financial ratios. The results indicate that PDMs lead to more accurate predictions of corporate defaults than financial ratios …

governance variables with models based solely on financial ratios. The aim was to compare the predictive power of going …-concern models that combine corporate governance variables and corporate reporting ratios with models that used only financial ratios … solely on financial ratios. Among the financial ratios, working capital to total assets and retained earnings to net profit …