Israeli companies' 'going concern' warnings fell during COVID year, figures show
Yosef Harash Apr. 26, 2021 10:41 PM The coronavirus pandemic ran roughshod over the Israeli economy last year, but CofaceBDI said on Monday that the rate of publicly traded companies given a “going concern” warning, meaning their auditors had doubts about their survivability and ability to repay debt, actually fell in 2020. Figures from the business research firm showed that only 6.4% of companies traded on the Tel Aviv Stock Exchange had a going concern warning appended to their financial ...
Source: haaretz.com