04 SMEs & MidCaps go through three phases of corporate ...€¦ · 04 SMEs & MidCaps go through...
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04 SMEs & MidCaps go through three phases of corporate distress prior to insolvency 06 The development of the financial profile reflects the unfolding of corporate distress 08 Profitability is a leading indicator of corporate distress 09 Capitalization and leverage follow the decline in profitability 10 Interest coverage significantly declines before insolvency
Transcript of 04 SMEs & MidCaps go through three phases of corporate ...€¦ · 04 SMEs & MidCaps go through...
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04 SMEs & MidCaps go through three phases of corporate distress prior to insolvency
06 The development of the financial profile reflects the unfolding of corporate distress
08 Profitability is a leading indicator of corporate distress
09 Capitalization and leverage follow the decline in profitability
10 Interest coverage significantly declines before insolvency
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Ana Boata, Senior Economist for Europe
+33 (0) 1.84.11.48.73
Kai Gerdes, Head of Analysis at Euler Hermes Rating
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