Research Article
A Hybrid Analysis Approach to Improve Financial Distress Forecasting: Empirical Evidence from Iran
Table 2
Estimated factor loading.
| | Factor 1 | Factor 2 | Factor 3 | Factor 4 |
| TA | −0.06 | 0.84 | 0.19 | 0.21 | CR | 0.08 | 0.94 | 0.11 | −0.07 | QR | 0.06 | 0.96 | −0.03 | 0.02 | DR | −1 | −0.04 | −0.03 | −0.01 | DER | −0.75 | −0.04 | −0.26 | −0.39 | SI | 0.05 | −0.03 | −0.18 | 0.62 | TLDS | −0.09 | 0.02 | −0.09 | 0.91 | SFA | 0.02 | 0.11 | 0.82 | 0.02 | STA | 0.14 | 0.01 | 0.86 | −0.02 | ROS | 1 | 0.03 | 0.03 | 0.02 | ROE | 0.98 | 0.09 | 0.07 | −0.01 | CLOE | −0.03 | 0.26 | −0.33 | 0.68 | TLOE | 0.03 | −0.56 | −0.1 | 0.88 | WCTA | 1 | 0.05 | 0.04 | 0.01 |
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