Construction of Credit Evaluation Index System for Two-Stage Bayesian Discrimination: An Empirical Analysis of Small Chinese Enterprises

Table 2

Screening results of the first stage of nonparametric Bayesian discrimination.

No.	(1) Indicator name	(2)	(3)	(4)	(5)	(6) Result
1	Long-term asset suitability ratio	0.00%	0.00%	—	—	Deleted
2	EBITDA to total debt ratio	0.00%	0.00%
3	Net cash	0.00%	0.00%
4	Capital immobilization ratio	−4.28%	4.28%	16.56%	16.56%	Retained
…	…	…	…	…	…
13	Total liabilities net cash flow ratio of operating activities	−1.43%	1.43%	5.53%	96.48%
14	Current ratio	−0.81%	0.81%	3.13%	99.61%	Deleted
…	…	…	…	…	…
20	Total outstanding loans as a percentage of total assets	−0.01%	0.01%	0.04%	100.00%