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Ideal Leverage via Machine Learning: Avoiding Financial Distress

Table 5: Statistics of Independent Variables

ACID-TEST RATIO CASH RATIO LEVERAGE RATIO FIRM AGE MARKETING EXP/SALES
STD. DEV. 1.57 0.98 0.52 14.26 7.99
AVERAGE 1.41 0.41 0.59 38.17 7.79
MIN 0.04 0.03 1.00
MAX 26.06 16.51 9.83 70.00 179.08
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