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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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