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US corporate bankruptcy rises to the highest level in the first quarter since 2010


Corporate bankruptcy In the first quarter among US companies, new information has increased to the highest level since 2010.

S & P Global Market Zaka said January ended in January, among US major companies in 188 bankruptcy documents In the first quarter of 2024, he was 14 years high.

In the last three months, 188 bankruptcy, the most in the first quarter since 2010, the economy was double after the financial crisis.

“Companies, especially those with poor balance sheets, and should be re-financed at higher interest rates in higher interest rates than when needed,” S & P wrote.

Home Maker Nicola files in Chapter 11 of bankruptcy protection

Joann fabric and craft shop

Crafts Retailer Joann pieces are among the outstanding bankruptcy documents in this year’s Q1. (Read Eagle through Tim LeEdy / Medianews Group / Getty Images / Getty Images)

In the report, noted for non-invested companies Financial measurers Based on market intelligence data, it also showed that these companies are engaged in increasing debt pressure and can also be slightly less to pay for cash in the hands of companies.

In the first quarter of this year, the most bankrupted bankrupt was in the industrial sector, followed, followed consumer authority With 24 to. These sectors make up about 30% of the bankruptcy in Q1.

The S & P Global noted that the S & P 500 segments of the Industrial and Consumer Optional Segments, in the first quarter and 13.97%, respectively, 13.97%.

Hooters files in chapter 11

23AndMe

Genetic Test Company 23Andme was presented for bankruptcy this year. (Smith collection / Gado / Getty Images / Getty Images)

Prominent companies given to bankruptcy in the first quarter, F21 OPCO LLC, which has more than $ 1 billion Forever 21 Clothes chain, electric vehicle manufacturer Nicolas and crafts Retailer Joann.

Other prominent firms included in the bankruptcy process includes the restaurant chain hooters and Genetic Test Company 23AndMe.

Handicrafts Retail Seller Joann closes all US stores, after a month after chapter 11

Nikola Electric Transport Logo

Home Maker Nicolas was presented for bankruptcy earlier this year. (Andreas Gebert / Bloomberg, Getty Images / Getty Images)

Despite the Uptick in corporate bankruptcy in the first quarter, in 2009, in 2009, the bankruptcy was below the bankruptcy.

Since 2020, the highest monthly bankruptcy documents were in July, in July 74, in July 74.

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