Research Article
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 |
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