Riskcalc for Private Companies Ii: More Results and the Australian Model
Posted: 25 Mar 2001
In this paper we succinctly outline the modeling approach of Moody's for private firm default prediction. The processes of transforming ratios, weighting the transformations, and mapping to a default probability are examined. Accounting ratios in the US, Canada, and Australia are compared and contrasted, including their relationship to default probabilities.
Keywords: Default prediction, Australia
JEL Classification: G33, M41
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