Bankruptcy, Working Capital and Funds Flow Components
- 1 March 1984
- journal article
- Published by Emerald Publishing in Managerial Finance
- Vol. 10 (3) , 26-39
- https://doi.org/10.1108/eb027320
Abstract
The objectives of this study are to offer cash based funds flow components as an alternative to financial ratios for classifying the financial performance of companies; to test empirically the ability of funds flow components to distinguish between failed and nonfailed companies with special emphasis on working capital components; to analyse the empirical results and make recommendations for future study.Keywords
This publication has 1 reference indexed in Scilit:
- FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCYThe Journal of Finance, 1968