OECD: "NOW 536 ZOMBIE CORPORATIONS (13% OF WORLD)"
-- MATASII RESEARCH ANALYSIS & SYNTHESIS --
In 2018, the number of "zombie" companies, defined as companies with profits (EBIT) less than interest payments totaled 536, not far off the highs seen during the Global Financial Crisis (626).
At 536, the number of zombie companies in the world is 13% of total
Ominously, low interest rates and the ability of lower-rated companies to issue debt has led to a rise in the number of "zombie" companies, i.e. companies that are extremely indebted and are unable to stay on their feet without the current backdrop of historically low interest rates.
[SITE INDEX -- TIPPING POINTS - CORPORATE BANKRUPTCIES]
PUBLICLY SOURCED FOR MATASII
READERS REFERENCE: (SUBSCRIBERS & PUBLIC ACCESS)
FAIR USE NOTICE This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
NOTICE Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. MATASII.com does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.
