We are pleased to announce a new method of computing the bankruptcy risk of companies, the "Probability of Financial Distress." John Campbell, Jens Hilscher and Jan Szilagyi developed a logit ...
Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...
We are pleased to announce a new method of computing the bankruptcy risk of companies, the "Probability of Financial Distress." LPFD = -20.12 * NIMTAAVG + 1.60 * TLMTA - 7.88 * EXRETAVG + 1.55 * SIGMA ...