The importance of financial analysis to predict the default and financial failure of joint stock companies

Importance of financial analysis to predict the fumbling and financial failure of the shareholding companies (Practical study At the Main Iraqi  Commercial Banks )       This research aims to identify the financial analysis tools / financial ratios used as indicators to predict the financial failure of shareholding companies, as well as "all urged companies in general and banks in particular on the interest in the use of financial analysis / financial ratios to determine the extent stumbled and failed shareholding company or not .       The prediction of fumbling and failures in the early gives indicator to those responsible in company to intervene and take corrective action before the company fail permanently, has been dependent on advanced ( Altman ) model , and it was adopted one hypothesis to search that (( There is no relationship between financial Analysis Tools / financial ratios and predict a stalled and financial failure in shareholding companies)), research found a relationship between the tools of financial analysis / financial ratios between forecasting and financial failure in shareholding companies .