Financial Failure Forecasting by using Zeta-3 and Kida Models/An Analytical Study Applied an a sample of Business company which Registered in Al Doha Market for Financial Market

Abstract

The current study trying to dealing with financial failure in business companies in the end of financial decline stage because of different financial risks which stats with liquidity risk ending with bankruptcy risk. The writers and researchers were found different financial styles and statistic models in order to forecasting with the financial failure. One of these models is Zeta-3 and Kida which comes to applied an service companies which registered in financial markets. In order to measure the extent of applying ability on the service companies and the extent of conformity between Zeta-3 and Kida model, the researcher depend on choosing (13) company which making a business in service sector and registered in AL-Dauha market as an applying field, the research where depend an several hypothesis one of them "there is no ability to applying Kida model on the service companies and there is no conformity between Kida and Zeta-3 model. The research concludes Several findings the most important one is the two model result is conformit in their financial marks and basic classifications but they were different in their financial failure degree in the sample companies.