JOSSOM Outils de lecture

In the current perpetual economic context, several companies have undergone economic and financial difficulties which can, in certain cases, lead to bankruptcy. Indeed, the factors explaining the failure of companies are multiple. The objective of our study is to classify companies in difficulty according to their degree of viability. We will refer to the statistical methods and more precisely the discriminant analysis, allowing to understand the most determining variables of the deterioration of their situation, through a sample of 669 Moroccan companies. This study has revealed that the bankruptcy of companies is partly linked to financial autonomy, Gearing, inventory turnover, activities and management, profitability of assets and net return on equity, the share of WCR in relation to turnover and indebtedness.