List of Bankruptcies in 2023
BRAINKRUPTCY recorded in 2023 60 bankruptcies for which a measure of bankruptcy risk was available at the bankruptcy filing date. A measure of bankruptcy risk above the cut-off-rate indicated that a company exhibits severe financial distress. The cut-off-rate took the value of 0.515788 until April 2023 and changed in that month to 0.526337. The measure of bankruptcy risk provided valid early warning signals in 58 out of 60 bankruptcies.