Journals / Journal of Health Systems and Policies / 2021 / Cilt: 3 - Sayı: 3
How Healthy is Health Sector?
- Pages
- 170–184
- DOI
- —
Abstract
Financial distress is a condition in which a company cannot create sufficient income, thus making it unable to meet its financial obligations. Ignoring signs of financial distress can be detrimental for the companies, and it may even cause bankruptcy. The financial distress is about financial health of a company and credit rating is a good early warning indicator of financial health.