Sentences with phrase «to continue as a going concern»

Auditors for troubled iron ore miner Atlas Iron have warned there is «significant doubt» about its ability to continue as a going concern due to «material uncertainties» relating to its proposed debt restructure and weak iron ore prices.
The smallest mall REIT, Great Neck, N.Y. - based Feldman Mall Properties, was dropped from the New York Stock Exchange and said it might not be able to continue as a going concern past the end of 2008.
The company just filed a regulatory document that said, «If acceptable terms of a sale or partnership or out - of court restructuring can not be accomplished, we may not have enough cash and working capital to fund our operations beyond the very near term, which raises substantial doubt about our ability to continue as a going concern
In reporting its FY 2017 financials, Yingli has again revealed that «substantial doubt exists as to the Company's ability to continue as a going concern
Grocon's accounts prompted its auditors to warn that «a material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern».
Last year, iHeartMedia flagged «substantial doubt» about its ability to continue as a going concern, as it struggled to get out from under a massive debt load it took on as part of a leveraged buyout of billboard company Clear Channel Outdoor in 2008.
As per media reports, a recent audit report regarding its debt situation has posed serious questions for the company to continue as a going concern.
Auditors for troubled iron ore miner Atlas Iron have warned there is «significant doubt» about Atlas» ability to continue as a going concern.
«These material uncertainties related to future events give rise to significant doubt about the ability of the company to continue as a going concern and realise its assets and extinguish its liabilities in an orderly manner at the amounts stated in the financial report,» KPMG said.
However, it is unlikely the business, which had been up for sale and attempting to raise new capital for some time, will continue as a going concern.
In its S.E.C. filing, AbTech acknowledges it has continually lost money and that a recent independent audit found «substantial doubt» that it could continue as a going concern.
However accounts say the «material uncertainty» of future funding may «cast significant doubt on the trust's ability to continue as a going concern».
By 1999, Pivco was unable to secure the funds to continue as a going concern, and was acquired by Ford.
In fact, give the years of declining sales, the company indicated there is «substantial doubt related to the Company's ability to continue as a going concern
In March 2010, the accounting firm PricewaterhouseCoopers issued a standard but stern warning about Solyndra, a California solar panel manufacturer: The company wasn't making money and never had, which raised «substantial doubt about its ability to continue as a going concern
The majority of Chinese ADSs were in the red, with Canadian Solar and Yingli Green Energy down 8 % and 45 % respectively after Yingli disclosed in its 20 - F that there is «substantial doubt» that it will continue as a going concern.
The details of the filing are not shocking; in March of this year KiOR released a statement that it had «substantial doubts about our ability to continue as a going concern
We viewed filing for Chapter 11 as the least bad option to provide for the possibility that [Kelley & Ferraro] could continue as a going concern, and that the value of the client relationships could be realized for the creditors, whether it's [Kelley's] ex-wife or the other owners of the firm.»
According to the filing, «These factors, among others, raise substantial doubt about our ability to continue as a going concern,» it goes on to say, «If we are unable to continue to obtain financing to meet our working capital requirements, we may have to curtail our business sharply or cease operations altogether.»
With its asset value off almost 9 percent in the first half of the year, the report noted there is «substantial doubt about the company's ability to continue as a going concern, given that the company's liquidity is subject to, among other things, its ability to negotiate extensions of credit facilities.»
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