FIN-7015 v1

Mohammed, N. F., Talib, N. A., Sanusi, Z. M., Hemawan, A. A., & Kasim, N. (2019). Comparison of liquidity, solvency, and profitability analyses using traditional and cash flow ratios on the MSWG’s Top 100 companies. International Journal of Business & Management Science, 9 (2), 207–219.
The article expands the discussion of the important role ratios play, especially when determining continued financial operations.

Zainudin, E. F., & Hashim, H. A. (2016). Detecting fraudulent financial reporting using financial ratio. Journal of Financial Reporting & Accounting (Emerald Group Publishing Limited), 14 (2), 266.
In this article, the authors espoused the importance of financial ratios in determining non-compliant activities.

Brîndescu-Olariu, D. (2016). Bankruptcy prediction based on the debt ratio. Theoretical & Applied Economics, 23(2), 145–156.
In this article, debt ratio is analyzed in forecasting bankruptcy. A precursor to bankruptcy is high debt ratios.