Likely-to-distress scores highlight struggling industries
Source: Debtwire
Out of a universe of more than 12,000 leveraged US companies, 180 are in the stressed/distressed lifecycle categories – which receive Debtwire’s likely-to-distress (LTD) scores of 50 to 99. Another 600 are in ongoing restructuring – or have an LTD score of 100.
The transportation sector has eight stressed and distressed companies with the highest average LTD score of 87. The industrials sector has the highest number of stressed and distressed companies with 34 firms, although that constitutes only 2% of all leveraged US-based industrials firms.