We are pleased to announce a new method of computing the bankruptcy risk of companies, the "Probability of Financial Distress." LPFD = -20.12 * NIMTAAVG + 1.60 * TLMTA - 7.88 * EXRETAVG + 1.55 * SIGMA ...
For public companies and the directors that serve them, managing through financial distress can attract a significant amount of scrutiny and litigation risk. In this week’s post, my colleagues discuss ...
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