Seretidou, Dimitra; Billios, Dimitrios; Stavropoulos, … - In: Risks : open access journal 13 (2025) 4, pp. 1-27
This systematic review analyzes and compares the predictive power between traditional financial ratios and cash flow-based ratios in estimating performance. Although traditional ratios of return on assets and debt to equity have received extensive application, cash flow ratios are increasingly...