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Bankruptcies: US: Difference between revisions
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== S&P Global == | == S&P Global == | ||
''Bankruptcy figures include public companies or private companies with public debt with a minimum of $2 million in assets or liabilities at the time of filing, in addition to private companies with at least $10 million in assets or liabilities. S&P Global Market Intelligence may remove companies from this list if it discovers that their total assets and liabilities do not meet the threshold requirement for inclusion.'' | ''Bankruptcy figures include public companies or private companies with public debt with a minimum of $2 million in assets or liabilities at the time of filing, in addition to private companies with at least $10 million in assets or liabilities. S&P Global Market Intelligence may remove companies from this list if it discovers that their total assets and liabilities do not meet the threshold requirement for inclusion.''[[File:421700892.png|alt=|center|thumb|717x717px|https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/july-filings-propel-2023-us-corporate-bankruptcy-tally-past-2022-s-total-76838356]] | ||
=== April 2023 === | === April 2023 === | ||
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Consumer discretionary companies continued to record a higher number of bankruptcy filings than other sectors in 2023. | Consumer discretionary companies continued to record a higher number of bankruptcy filings than other sectors in 2023. | ||
=== '''July 2023''' === | |||
* 64 corporate bankruptcy filings in July, the largest monthly total since March and more filings than in any single month in 2021 or 2022. | |||
* Filings in the first seven months of 2023 surpassed total filings for the previous year and were nearly on par with 2021's full-year tally. | |||
* Only one company with over $1 billion in liabilities filed for bankruptcy in July, down from four in June. The additional bankruptcy brought the 2023 tally for such filings to 16. | |||
* Companies in the consumer discretionary sector accounted for three filings in July, raising the sector's total to 48. The industrial and healthcare sectors rose by eight to 45 and by seven to 39, respectively, in July. | |||
== References == | == References == | ||