In a recently published report on proactive capital planning, Thinking Bigger Sooner, we referenced “zombie debt” as a by-product of inadequate and reactive capital planning. We committed to follow up with additional analysis and commentary and the result of that research follows in this companion report.
We’ll begin by explaining why this common issue is referred to as “zombie” debt. Used as an adjective, the word zombie means “of or relating to something that was declared concluded, finished, or dead, but surprisingly continues to linger, or comes back in a different version.” Bingo!
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This article is Part #2 of a series. Read Part #1: Thinking Bigger Sooner - the Key to Proactive Capital Planning