The usefulness of financial ratios in predicting companies failure: a case study of five companies / Rozita Md Husain

• Main Author: Md Husain, Rozita
• Format: Student Project
• Language: English
• Published: 1992
• Subjects: Balance sheet. Financial statements. Corporation reports. Including pro forma statements
• Online Access: https://ir.uitm.edu.my/id/eprint/70563/1/70563.pdf; https://ir.uitm.edu.my/id/eprint/70563/

Financial statement analysis was developed at the end of the nineteenth century. Its main purpose at that time was to evaluate the solvency position of prospective borrowers. Shortly afterwards the first efforts were made to design models to predict companies failure. The ability to predict company...