R&D companies based on their age, size and type of field, are they solvent companies?

The Economic and Financial Health of Lithuanian Logistics Companies

“…As can be seen in the table, the variables are divided into four blocks. The first includes the profitability ratios, which have been used in numerous international studies to measure the profitability of companies (Retolaza et al 2014;Flores-Ureba et al 2023;Gelashvili et al 2023). The second group consists of the three main short-term liquidity ratios, on the basis of which the ability of a company to pay its short-term debts is measured (Gelashvili et al 2023;Dimitras et al 1996).…”

“…In the third group, we have the two solvency ratios, i.e., the ability of a company to survive in the long term (Ibáñez et al 2013). These first three groups of ratios have been used in several studies to predict the failure or survival of a firm on the market (Retolaza et al 2014;Flores-Ureba et al 2023;Altman et al 2017). The last group of ratios is made up of descriptive variables such as the size of the company measured by the number of employees and the total assets of the company, the age of the company from the time of its creation, the size of the companies as a separate variable, and, finally, the profits generated during the accounting year.…”