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The purpose of the present paper is to assess the relevance of several notoriously applied financial indicators to construct an appropriate risk evaluation structure for enterprises. The authors aim to include in the empirical study a wide array of variables, grouped into clusters, to match the complexity implied by the data collected from 100 Nasdaq quoted companies, based in 9 countries, from 8 industries. The methodology employed is the Principal Component Analysis, which supports in capturing the most signific...