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.
Chalamandaris, G., & Vlachogiannakis, N. E. (2018). Are financial ratios relevant for trading credit risk? Evidence from the CDS market. Annals of Operations Research, 266 (1/2), 395–440. This article looks at how financial ratios are utilized in investment.
Golubeva, O., Duljic, M., & Keminen, R. (2019). The impact of liquidity risk on bank profitability: Some empirical evidence from the European banks following the introduction of Basel III regulations. Accounting & Management Information Systems / Contabilitate Si Informatica de Gestiune, 18 (4), 455–485. This article looks at liquidity, one of the financial ratios in determining profitability in banks.