How efficiently can financial ratios predict bankruptcy?

INST: Szakdolgozatok (GTK) - Szakdolgozatok (GTK)This study’s main questions are whether or not it is enough to only calculate financial ratios to tell if the company is on the verge of bankruptcy and how efficient said ratios are. The key finding of the project is that certain groups of financial ratios can, in fact, tell if a company is close to bankruptcy or not. The result of the project shows that not every group of ratios has the same amount of accuracy, and to get a clear result, we need to see the big picture and analyze every aspect