You are viewing a single comment's thread from:

RE: Musing Posts

in #musing-threads6 years ago

Predicting if a company is going to go bankrupt is a task that can be fulfiled by making basic analysis of the

company itself through the accounting details of the company,

for example,,if a company has alot of assets and liabilities but the liabilities are more than the assets which they have then that is a sign that the company is on a journey of becoming bankrupt,,,

another way to know if a company might soon become bankrupt is by knowing if the company is owing debts

which is more than a large perfentage of their yearly turnover ,increase debts negatively affects a company and can make such company to suffer bankruptcy....

so the bottomline is that a company that is spending more income than what they earn will definitely go

bankrupt someday because that action they are taking

is not sustainable...