energyconsumersofthecarolinas.org
Attack of the Zombie Debt - Energy Consumers of the Carolinas
Some 13% of companies may be zombies. (Source) Zombie. A word reserved for Halloween no more. Zombies have hit Corporate America. Defining a zombie company depends on which finance person is asked. Here’s a Fortune magazine version: “Those firms which are not even able to cover their debt-servicing costs with current earnings.” Definitions can get involved. …