Definition of «poor financial health»

The term "poor financial health" refers to a state where an individual, business or organization is experiencing difficulties in managing their finances. This could mean that they have more debts than assets, are not generating enough revenue to cover expenses, or are unable to meet their financial obligations. In other words, poor financial health indicates that the person or entity is struggling financially and may be at risk of bankruptcy or insolvency if they do not take corrective action soon.

Sentences with «poor financial health»

  • In most cases, companies face significant debt exposure and relatively poor financial health. (iea.org)
  • The Ninth Circuit affirmed dismissal of the complaint on the ground that plaintiff had failed to allege that the market «learned of and reacted to [the] fraud,» as opposed to merely reacting to reports of the defendant's newly disclosed poor financial health. (pomerantzlawfirm.com)
  • With CPEX in poor financial health at the time, Sprecher purchased the company with a goal of building a trading platform for over-the-counter energy markets. (marketswiki.com)
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