Application of the Statistical Method to Identify Financial Health of a Company
Language: en
Last modified: 2018-04-10
Abstract
At present, there are a number of methods evaluating the financial health of a company. Among them we can find the bankruptcy and creditworthy models created by many authors. Reliability of the models, however, is never 100% reliable and credible when they are applied to the given field of business. The paper is concerned with a selection of the basic sample of financial indicators and the application of the statistical method on selected financial indicators evaluating the financial health of transport companies in the Czech Republic. The paper is aimed to classify the important financial indicators based on the submitted statistical method results.
Keywords
Transport company; generalized linear model; financial health of the company
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