bankruptcy {MixtureMissing}

Bankruptcy Data Set

Description

The data set contains the ratio of retained earnings (RE) to total assets, and the ratio of earnings before interests and taxes (EBIT) to total assets of 66 American firms recorded in the form of ratios. Half of the selected firms had filed for bankruptcy.

Usage

bankruptcy

Format

A data frame with 66 rows and 3 variables:

Y

Status of the firm: 0 for bankruptcy and 1 for financially sound.

RE

Ratio of retained earnings.

EBIT

Ratio of earnings before interests and taxes.

Source

Altman E.I. (1968). Financial ratios, discriminant analysis and the prediction of corporate bankruptcy. J Finance 23(4): 589-609 https://www.jstor.org/stable/2978933