Simple Logit Model
Carey FRB Model 10-18-2000.xls
Name
Financial Statement Date
Demonination
( "M" millions, "T" Thousands, "A" Actual)
Change
Net Income
Depreciation & Amortization
Interest Expense
Income Taxes
EBITDA
Current Assets
Total Assets
Current Liabilities
Other Non-Current Liabilities
Long-Term Debt
Minority Interest
Preffered Stock - Redeemable
Total Liabilities
Equity
Asset - (Liabilities + Equity) =
Ratio
Score
Score
Score
Score
Score
EBITDA / Interest Expense
LTD / (LTD + Equity)
Current Assets / Current Liabilities
Log of Total Assets
Constant
Score
One Year Probability of Default
Minimum Probability of Default
Maximum Probability of Default
Average Probability of Default
Standard Deviation of POD
Category
Implied Rating
Loss Given Default
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