Summary statistics of Wang, Dennis and Tu’s solvency test
| N | Mean | Standard Deviation | Maximum | Minimum | |
|---|---|---|---|---|---|
| Cash ratio | 18 | 196.10 | 394.45 | 1339.81 | 70.776 |
| Quick ratio | 18 | 201.89 | 401.55 | 401.55 | 70.77 |
| Current ratio | 18 | 6.78 | 21.90 | 93.36 | 1.77 |
| Operating ratio | 18 | 1.04 | 0.11 | 1.24 | 0.67 |
| Surplus (Deficit) per capita | 18 | 67.46 | 173.64 | 329.43 | -500.05 |
| Long term liability per capita | 18 | 932.97 | 1611.92 | 5532.04 | 41.43 |
| Tax per capita | 18 | 471.26 | 293.32 | 947.11 | 28.74 |
| Revenue per capita | 18 | 1745.07 | 1323.98 | 6152.13 | 699.58 |
| Expenses per capita | 18 | 1677.60 | 1263.41 | 5931.82 | 678.39 |
| N | Mean | Standard Deviation | Maximum | Minimum | |
|---|---|---|---|---|---|
| Cash ratio | 18 | 196.10 | 394.45 | 1339.81 | 70.776 |
| Quick ratio | 18 | 201.89 | 401.55 | 401.55 | 70.77 |
| Current ratio | 18 | 6.78 | 21.90 | 93.36 | 1.77 |
| Operating ratio | 18 | 1.04 | 0.11 | 1.24 | 0.67 |
| Surplus (Deficit) per capita | 18 | 67.46 | 173.64 | 329.43 | -500.05 |
| Long term liability per capita | 18 | 932.97 | 1611.92 | 5532.04 | 41.43 |
| Tax per capita | 18 | 471.26 | 293.32 | 947.11 | 28.74 |
| Revenue per capita | 18 | 1745.07 | 1323.98 | 6152.13 | 699.58 |
| Expenses per capita | 18 | 1677.60 | 1263.41 | 5931.82 | 678.39 |
Source: By authors.
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