Table 2 Descriptive statistics
From: Do financing institutions consider operating performance in estimating cost of debt?
variable | N | Mean | Median | S.D | P25 | P75 | P90 | Min | Max |
|---|---|---|---|---|---|---|---|---|---|
COD | 547 | 0.087 | 0.076 | 0.075 | 0.039 | 0.112 | 0.163 | 0.000 | 0.421 |
ROA | 547 | 0.048 | 0.028 | 0.069 | 0.011 | 0.071 | 0.148 | − 0.123 | 0.280 |
TOBINQ | 547 | 2.074 | 1.335 | 1.932 | 0.988 | 2.550 | 4.230 | 0.000 | 12.420 |
ROE | 547 | 0.115 | 0.065 | 0.224 | 0.026 | 0.148 | 0.271 | − 0.505 | 1.287 |
SIZE | 547 | 8.201 | 8.174 | 1.699 | 7.148 | 9.289 | 10.632 | 4.524 | 11.835 |
LEVERAGE | 547 | 0.089 | 0.032 | 0.139 | 0.000 | 0.122 | 0.255 | 0.000 | 0.702 |
OCF | 547 | 0.058 | 0.042 | 0.098 | 0.002 | 0.102 | 0.182 | − 0.168 | 0.373 |
NWC | 547 | 0.041 | 0.039 | 0.214 | − 0.079 | 0.156 | 0.314 | − 0.565 | 0.533 |
CAPEX | 547 | 0.045 | 0.021 | 0.061 | 0.001 | 0.067 | 0.132 | 0.000 | 0.312 |
AGE | 547 | 2.814 | 2.996 | 0.659 | 2.303 | 3.367 | 3.526 | 0.000 | 3.714 |
RND | 547 | 0.000 | 0.000 | 0.002 | 0.000 | 0.000 | 0.000 | 0.000 | 0.013 |
BOD_SIZE | 547 | 2.014 | 2.079 | 0.306 | 1.609 | 2.197 | 2.398 | 1.609 | 2.773 |
BIG4 | 547 | 0.155 | 0.000 | 0.363 | 0.000 | 0.000 | 1.000 | 0.000 | 1.000 |
RECINV | 547 | 0.332 | 0.316 | 0.180 | 0.196 | 0.445 | 0.588 | 0.018 | 0.767 |
SIZE_AC | 547 | 3.927 | 4.000 | 1.021 | 3.000 | 4.000 | 5.000 | 3.000 | 9.000 |
INST_OWN | 547 | 16.045 | 15.010 | 9.842 | 9.020 | 22.360 | 29.700 | 0.000 | 46.060 |
GOVT | 547 | 5.313 | 0.000 | 17.476 | 0.000 | 0.000 | 3.770 | 0.000 | 76.250 |
DUALITY | 547 | 0.009 | 0.000 | 0.095 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
OPINION | 547 | 0.159 | 0.000 | 0.366 | 0 | 0 | 1 | 0 | 1 |
INST_OWN | 547 | 16.045 | 15.010 | 9.842 | 9.020 | 22.360 | 29.700 | 0.000 | 46.060 |
DUALITY | 547 | 0.009 | 0.000 | 0.095 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
GROWTH | 547 | 0.267 | 0.000 | 0.443 | 0.000 | 1.000 | 1.000 | 0.000 | 1.000 |