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quantitative models on the PD estimation and, therefore, on capital requirements. When following the DA, logit or probit approach … Inventories ratio Investment 0.0 28.0 83.3 34.3 K20 Fixed assets ownership r. Leverage 1.1 60.6 3750.0 110.3 K21 Net income change … Growth -50.6 3.9 165.6 20.1 K22 Own funds yield Profitability -510.5 32.7 1998.5 81.9 K23 Capital yield Profitability -16.7 8 …
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