TABLE 3.
Business failure ratios.
| Name | Definition |
| WCTA | Working capital/total assets |
| RETA | Retained earnings/total assets |
| EBITTA | Earnings before interest and taxes/total assets |
| TLTA | Total liabilities/total assets |
| METD | Market value of equity/total debt |
| STA | Sales/total assets |
| XRD | The ratio of research and development expenses to sales |
| NITA | Net income/total assets |
| MAN | The total percentage of equity ownership by company directors |