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Key Financial Ratios that Indicate that a Company is in Distress
Imagine you are evaluating a mid-sized manufacturing firm in Kumasi, Ghana. On the surface, the company appears stable—it has recognizable products, a loyal customer base, and steady revenue. But a deeper look reveals subtle cracks: shrinking cash reserves, rising debt, and sudden leadership exits. These are not random occurrences. They are signals. Understanding how to…