Dr. Edward Altman Says Commercial Bankruptcies Are Set to Spike in 2024-25
Octus Radio
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The Trend in Zombies in the United States
Two filters need to be achieved to qualify as a zombie. One interest coverage less than one for three years and two Z-scores less than zero. If they qualify for both, we call them zombies. The United States that may surprise some people actually has over the years had higher zombie ratios. Back in 1990, only one and a half percent of global companies qualified as zombies. Today, it's about 7% as I said. Now let's move to how common they are, if that's okay, and we'll thought with the United States.
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