Financial Distress Warning: An Evaluation System including Ecological Efficiency

Table 5

Levene variance equality test and T-test of financial ratios.

Indicator	Variable	Levene variance equality test		T-test
		F	Sig.	Mean difference	Sig.
Return on equity (%)	roe	1.11	0.30	−1.80	0.79
Total assets turnover (%)	tato	5.58	0.02	−0.28	0.00
Asset-liability ratio (%)	alr	0.04	0.85	10.71	0.01
Ratio of inventory (%)	ri	4.03	0.05	0.02	0.63
Receivable ratio (%)	rr	0.07	0.79	0.01	0.73
Net cash flow per share (CNY)	ncf	0.10	0.75	−0.21	0.31