by Al Davis | May 26, 2021 | Operations and Risk Management
Many equate the success of a company to its reported profits. While profits are good, they do not represent the financial standing of any given company. It is quite possible for a company to report profits while at the same time being on its way to going out of...
by Al Davis | May 13, 2020 | Lending, Banking and Financing
The term Zombie company was originally used by Japanese media around 1990, to describe companies with large historic debts that ultimately failed and resulted in the country’s 1990 market crash. The definition of Zombie companies relates to businesses...