This article reviews failure-prediction models that have appeared in the financial literature and describes development of a distress classification model for water utilities. The methodology can be used as an early-warning system to identify failing water utilities, as a screening tool for systems seeking certification, and as a viability test for evaluating prospective structural changes to existing systems. Although financial models are useful as a general screening and evaluation device, the authors caution that they do not fully capture other factors important to viability, such as managerial and technical capability or a community's ability to support water system costs. Includes 17 references, tables, figure.
| Edition : | Vol. 85 - No. 6 |
| File Size : | 1
file
, 1.6 MB |
| Note : | This product is unavailable in Ukraine, Russia, Belarus |
| Number of Pages : | 7 |
| Published : | 06/01/1993 |
