InvestmentWiki

Bankruptcies: US: Difference between revisions

Page Discussion

Bankruptcies: US (view source)

Revision as of 18:44, 2 May 2024

3,108 bytes added ,  2 May 2024
no edit summary
VisualWikitext
No edit summary
No edit summary
Line 333: Line 333:
|617
|617
|321,359
|321,359
|}
=== Q1 2024 ===
Bankruptcy filings rose 16 percent during the 12-month period ending March 31, 2024. That is a similar rate of acceleration as in the Dec. 31, 2023, quarterly report, but new bankruptcy cases remain significantly lower than before the start of the coronavirus (COVID-19) pandemic.<ref>https://www.uscourts.gov/news/2024/04/25/bankruptcies-rise-16-percent-over-previous-year#:~:text=Bankruptcy%20filings%20rose%2016%20percent,(COVID%2D19)%20pandemic.</ref>
According to statistics released by the Administrative Office of the U.S. Courts, total filings rose to 467,774 new cases, compared with 403,273 cases reported during the year ending March 31, 2023.
Business filings increased 40.4 percent, from 14,467 in March 2023 to 20,316 in the newest report. Non-business filings rose 15.1 percent, from 388,806 in March 2023 to 447,458 in March 2024.
This year’s 12-month filing total for the quarter ending March 31 is nearly three-fifths of the total reported in March 2020, when the pandemic disrupted the U.S. economy. That year’s 12-month total was 764,282.
{| class="wikitable"
!<ref>https://www.uscourts.gov/sites/default/files/data_tables/bf_f2.3_0331.2024_0.pdf</ref>
! colspan="5" |Combined
! colspan="5" |Business
! colspan="4" |Nonbusiness
|-
! rowspan="2" |Year
!Total
!Total
!Total
!Total
!Total
!All
!Chapter
!Chapter
!Chapter
!Other
!All
!Chapter
!Chapter
!Chapter
|-
!All  Chapters
!Chapter 7
!Chapter 11
!Chapter 13
!Other Chapters
!Chapters
!7
!11
!13
!Chapters
!Chapters
!7
!11
!13
|-
|Q1 2024
|122,345
|72,133
|2,100
|47,982
|130
|5,468
|2,918
|2,021
|399
|130
|116,877
|69,215
|79
|47,583
|-
|Q4 2023
|114,767
|65,799
|2,210
|46,691
|67
|5,390
|2,824
|2,119
|380
|67
|109,377
|62,975
|91
|46,311
|-
|Q1 2023
|107,541
|61,576
|1,518
|44,390
|57
|4,063
|2,294
|1,418
|294
|57
|103,478
|59,282
|100
|44,096
|-
|'''Y/Y Change'''
|'''13.77%'''
|'''17.14%'''
|'''38.34%'''
|'''8.09%'''
|'''128.07%'''
|'''34.58%'''
|'''27.20%'''
|'''42.52%'''
|'''35.71%'''
|'''128.07%'''
|'''12.95%'''
|'''16.76%'''
|'''-21.00%'''
|'''7.91%'''
|-
|'''Q/Q Change'''
|'''6.60%'''
|'''9.63%'''
|'''-4.98%'''
|'''2.76%'''
|'''94.03%'''
|'''1.45%'''
|'''3.33%'''
|'''-4.62%'''
|'''5.00%'''
|'''94.03%'''
|'''6.86%'''
|'''9.91%'''
|'''-13.19%'''
|'''2.75%'''
|}
|}


Line 1,020: Line 1,146:
== 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:423147000.png|alt=|center|thumb|683x683px|https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-fall-in-november-with-34-new-filings-79694316]]
[[File:423898269.png|center|thumb|802x802px|https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-pick-up-pace-in-march-59-new-filings-81085453]]
 
=== March 2024 ===
US corporate bankruptcy filings reached a new high in March as companies continue to battle high interest rates and lingering operational challenges.<ref>https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-pick-up-pace-in-march-59-new-filings-81085453</ref>
 
S&P Global Market Intelligence recorded 59 new bankruptcy filings in March, up from a revised total of 48 in February. While year-to-date corporate bankruptcies are below the previous year's total by the end of the first quarter, they are above the comparable totals for much of the past decade.


=== December 2023 ===
=== December 2023 ===
US corporate bankruptcy filings rose again in December 2023, closing out a year with the most filings since 2010.<ref>https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-bankruptcies-hit-13-year-peak-in-2023-50-new-filings-in-december-79967180#:~:text=9%20Jan%2C%202024-,US%20bankruptcies%20hit%2013%2Dyear%20peak%20in%202023,50%20new%20filings%20in%20December&text=US%20corporate%20bankruptcy%20filings%20rose,bankruptcy%20filings%20in%20the%20month.</ref>
[[File:423147000.png|alt=|center|thumb|683x683px|https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-fall-in-november-with-34-new-filings-79694316]]US corporate bankruptcy filings rose again in December 2023, closing out a year with the most filings since 2010.<ref>https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-bankruptcies-hit-13-year-peak-in-2023-50-new-filings-in-december-79967180#:~:text=9%20Jan%2C%202024-,US%20bankruptcies%20hit%2013%2Dyear%20peak%20in%202023,50%20new%20filings%20in%20December&text=US%20corporate%20bankruptcy%20filings%20rose,bankruptcy%20filings%20in%20the%20month.</ref>


S&P Global Market Intelligence recorded 50 bankruptcy filings in the month. The total was up from a revised 33 recorded in November, but roughly in line with the monthly average of just under 54 bankruptcies for 2023.
S&P Global Market Intelligence recorded 50 bankruptcy filings in the month. The total was up from a revised 33 recorded in November, but roughly in line with the monthly average of just under 54 bankruptcies for 2023.
Retrieved from "https://investmentwiki.mywikis.eu/wiki/Special:MobileDiff/11564"