COVID-19 and Corporate Balance Sheet Vulnerabilities : A Simple Stress-Test Approach

COVID-19 and Corporate Balance Sheet Vulnerabilities : A Simple Stress-Test Approach

This paper conducts a simple stress test to gauge the ability of listed nonfinancial corporates to withstand shocks to earnings and receivables. It targets two basic accounting ratios that capture a firm’s ability to cover its short-term liabilities and interest expenses. The sample consists of almo...

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Bibliographic Details
Main Authors: Feyen, Erik, Dancausa, Fernando, Gurhy, Bryan, Nie, Owen
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
EMERGING MARKET ECONOMIES
CORPORATE VULNERABILITY
DEBT
CORPORATE PERFORMANCE
ECONOMIC SHOCK
DEBT DISTRESS
Online Access:http://documents.worldbank.org/curated/en/216811595260577407/COVID-19-and-EMDE-Corporate-Balance-Sheet-Vulnerabilities-A-Simple-Stress-Test-Approach
http://hdl.handle.net/10986/34170

Internet

http://documents.worldbank.org/curated/en/216811595260577407/COVID-19-and-EMDE-Corporate-Balance-Sheet-Vulnerabilities-A-Simple-Stress-Test-Approach
http://hdl.handle.net/10986/34170

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