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  "documentTitle": "Distress Alert July 2025",
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      "text": "Cluster 1/ (Di)stressed: companies have (significant) deficits in terms of both their financial and earnings situation. These therefore have insufficient liquidity and/or inadequate and unsustainable capital structures and, at the same time, weak/insufficient profitability.",
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      "text": "Cluster 1/ (Di)stressed: companies have deficits in both financial and earnings situation. Cluster 2/ Weak balance sheet robustness: robust earnings but insufficient liquidity. Cluster 3/ Weak financial performance: solid balance sheet but weak earnings. Cluster 4/ Healthy.",
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      "text": "A&M's Financial Restructuring Advisory team has developed a methodology to assess the performance and balance sheet robustness of European businesses, aiming to identify those that are in financial distress or may soon be heading in that direction.",
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