Motley LN Forecast

The Motley Fool recently identified some companies at risk, using as its criteria substantial debt, negative tangible book value and negative earnings.

Of course the investors site agreed that every company is feeling the pain these days (“with the possible exception of law firms that handle bankruptcies”).

That being said, Live Nation made the list with a negative $1.1 billion in tangible book value, negative $89 million in net income and total debt of $1.7 billion.

The big “winner” was Crown Castle International with nearly $2 billion in negative tangible book value and total debt of nearly $7 billion.

“Of course, not every company that shares these traits is on the verge of failure,” the Fool said, “and [we’re] not suggesting that the above companies are literally about to fail.”