Financial distress: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: Linked pages.) |
imported>Doug Williamson (Add link.) |
||
| Line 12: | Line 12: | ||
== See also == | == See also == | ||
* [[Cost of financial distress]] | * [[Cost of financial distress]] | ||
* [[Debt distress]] | |||
* [[Default bias]] | |||
* [[Debt equity ratio]] | * [[Debt equity ratio]] | ||
* [[Debt service ratio]] | * [[Debt service ratio]] | ||
Revision as of 07:46, 23 September 2022
Corporate finance - borrowing - insolvency - bankruptcy.
Financial distress is a situation in which a borrower either:
- Cannot meet its debt servicing obligations; or
- Can only do so with difficulty.
Financial distress is an indication of a high risk of insolvency or bankruptcy.
