The ninth signal measured the change in the firm ' s asset turnover ratio 第9個(gè)信號(hào)衡量公司資產(chǎn)周轉(zhuǎn)率的變化。
The results show : in 13 possible variables , operating fund ratio , stock turnover ratio , total assets turnover ratio , rate of return on total assets and rate of retained profit to total assets have an important influence on finance and the accurate rates of our models are 86 . 8 % for - 0 - year data and 79 . 82 % for - 1 - year data 結(jié)果表明: 13個(gè)變量指標(biāo)中,反映資產(chǎn)流動(dòng)性的營運(yùn)資金比率,反映資產(chǎn)經(jīng)營能力的存貨周轉(zhuǎn)率、總資產(chǎn)周轉(zhuǎn)率以及反映企業(yè)獲利能力的資產(chǎn)報(bào)酬率、累計(jì)盈余對(duì)于企業(yè)的財(cái)務(wù)有著重要的影響,其預(yù)測(cè)的準(zhǔn)確性在0年達(dá)到86 . 8 , 1年達(dá)到79 . 82 。
The equation shows that 9 finance index have important relationship with default ratio , they are roe , debt ratio , asset turnover ratio , gross profit ratio , scale of assets , currency ratio ( [ currency + marketable securities ] / current liability ) , debt structure ( current liability / total debts ) , currency / daily revenues and quality of assets ( accounts receivable / total assets ) 回歸方程表明,違約率與以下9個(gè)財(cái)務(wù)指標(biāo)的組合密切相關(guān):凈資產(chǎn)收益率、資產(chǎn)負(fù)債率、總資產(chǎn)周轉(zhuǎn)率、毛利率、資產(chǎn)規(guī)模(資產(chǎn)總額對(duì)數(shù)) 、現(xiàn)金比率(現(xiàn)金類資產(chǎn)流動(dòng)負(fù)債) 、債務(wù)結(jié)構(gòu)(短債總額債務(wù)總額) 、日銷現(xiàn)比(現(xiàn)金與有價(jià)證券日銷售額) 、資產(chǎn)質(zhì)量(應(yīng)收賬款資產(chǎn)總額) 。