Przemysl Chemiczny, Vol.99, No.12, 1762-1769, 2020
Bankruptcy prediction in chemical industry
To assess bankruptcy possibilities, financial statements of 3631 non-bankrupt chem. companies (out of which were 2776 prosperous and 855 grey-zone ones) and 621 bankrupt chem. companies were collected. The chem. bankruptcy cube was developed by random forest method by combining the Altman, Neumaiers and Taffler models. Chem. bankruptcy cube achieved accuracy of 88% for three-class model on testing dataset which was the highest among all tested models.