by Olin Little
Published 2 years ago
Updated 2 years ago
A company that is able to meet its financial obligations when they come due is considered a going concern.
SEE ALSO: 23 Dividend Cuts and Suspensions Chalked Up to the Coronavirus
For the uninitiated, "going concern" is an accounting concept. A company that is able to meet its financial obligations when they come due is considered a going concern.
SEE ALSO: 7 Oil and Gas Stocks That Have Entered Dangerous Waters
It's possible that negotiations with creditors will allow some or all of these companies to avoid having to file for bankruptcy protection. And there's always a chance that a company finds a lifeline somewhere. A loan, an infusion of capital by selling stock or some other sort of bailout could do the trick.
29 hours ago
· Going concern is one of the very fundamental principles of accounting. It assumes that the entity will continue to remain in business for the foreseeable future. Conversely, it also …
17 hours ago
· A going-concern warning is, in fact, a prediction of future failure. All predictions are subject to uncertainty and error, particularly those made in the current environment.
15 hours ago
2 days ago · Tupperware's latest 10-Q included a going concern warning by management. Tupperware is now selling their products in Target stores. They may have to issue new shares …
27 hours ago
· Going Concern Warnings Are Worthless. by Caleb Newquist. Just a few years ago, a number of companies failed, were rescued by competitors (if you can call it a rescue) while …
20 hours ago
· For the uninitiated, "going concern" is an accounting concept. A company that is able to meet its financial obligations when they come due is considered a going concern.
19 hours ago
· 'Going concern' warnings can sometimes be an early warning signal of a bankruptcy ... and Wall Street is experiencing a spike in this language as the COVID-19 crisis …
33 hours ago
The mechanism is based around the existing requirement for a firm’s auditors to issue a going-concern warning when there is substantial doubt as to whether the firm can remain solvent …
15 hours ago
· Published: Nov. 8, 2022 at 10:29 a.m. ET. By Will Feuer. Arrival SA's shares lost about a third of their value after the electric-vehicle company issued a so-called going-concern …
12 hours ago
13 hours ago · Electric-vehicle startup Arrival SA warned on Tuesday it may not have enough cash to keep its business going toward the end of next year, sending its U.S.-listed shares tumbling …
