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What Companies Could Go Under in 2014?

  +Follow December 10, 2013 8:44AM
Tickers Mentioned:

While millions of businesses fail every year in America, the failure of a large publically traded company is a much, much rarer event, with only a few every instance every year. It takes a lot to topple a giant, but that’s not to say it never happens. In the last decade alone, we’ve seen former multi-billion dollar behemoths Enron, Bear Stearns, Lehman Brothers, Kodak, and Blockbuster all go the way of the dodo.

2013 was a bull year, but that does not mean everyone had it good. There are a few companies that absolutely tanked out, and by Dec 2014 could completely cease to be.   

The following companies are major contenders to crap out next year:

Walter Energy (WLT)

Market Cap: $1.01 billion

2013 Performance YTD: -54.27 percent

Debt to Equity Ratio: 3.36

Walter Energy is frankly in an industry with an incredibly murky future. All major coal companies are in varying degrees of trouble, with giants like Peabody (BTU) and Arch Coal (ACI) also experiencing significant losses this year. However, Walter looks to be especially vulnerable, as they carry a debt-to-equity ratio of an incredibly high 3.36, rapidly declining earnings per share, and a P/E ratio of 268.

BlackBerry née Research in Motion (BBRY)

Market Cap: $3.01 billion

2013 Performance YTD: -51.27 percent

Debt to Equity Ratio: 0

Large companies that go bankrupt are quite often ones that were formerly the leader in their field (See: Pan Am, Kodak.) BlackBerry is well-primed to prove that sentiment true, as the original smartphone was once the unquestioned leader in the field. Now, of course, BlackBerry is in a tailspin, and short a white knight swooping in and saving them, they will be out of cash by the fall of 2014, and completely kaput before the end of the year.

J.C. Penney Company (JCP)

Market Cap: $2.12 billion

2013 Performance YTD: -57.23 percent

Debt to Equity Ratio: 2.12

The biggest loser in the S&P 500 in 2013 has had a widely documented fall from grace, starting with the disastrous tenure of Ron Johnson and subsequent failure (so far) to turn things around. Brick-and-mortar retailers are in for a tough ride from here on out, and unless they are able to adapt to the shift to online shopping (as Best Buy (BBY) has done so well) they are potentially looking at the end of an era.

J.C. Penney will always be able to pay off their debt, because those giant stores happen to be sitting on a lot of valuable real estate. But you can’t get to the land underneath all those J.C. Penneys while they’re still alive.   

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.

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Results for jcp
Rubye Cordell
20 Nov 14 14:30:26
Regretting your investment in $TMHC $JCP $COV $SSO #NASDAQ http://t.co/apY2RneQXR
20 Nov 14 14:27:58
Comps at mall based stores much worse than non-mall @macys $JCP $GPS $GME vs $BBY $TGT $WMT $HD $LOW Sears and JCP weighing on mall traffic
Denae Pridgen
20 Nov 14 14:19:26
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Fermin Espinal
20 Nov 14 14:03:17
Whats going on with $JCP $THG $ED $FXY #newsletter ACCOUNT_SUSPENDED
20 Nov 14 14:00:20
After $dis $jcp I saw other idiots buy shares some hours before the earnings release, today with $GPS It's a new trend for LOOSER 2014?
Jaron Southern
20 Nov 14 13:11:09
Bearish or Bullish on these #stocks $KMT $FOSL $JCP $CLF Must see ACCOUNT_SUSPENDED
Laquanda Farrow
20 Nov 14 13:10:25
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20 Nov 14 12:50:32
$jcp holding on.. A move higher is in the cards IMO always good to hedge any trade... Any trader will tell you that
20 Nov 14 12:35:05
maybe $JCP should turn into a REIT too and stop relying so much on products and customers
Day Trade Alerts
20 Nov 14 12:20:10
$JCP, $WMT, $VFC, $JCP Belus Capital's Sozzi Says Retail Earnings Have Been 'Wacky Strong' - http://t.co/2tURCUGXZ0 ~ via @AlertTrade
Justin Alderman
20 Nov 14 12:17:40
$MU #Stocks to hold onto $JCP $JOE $FXY #wealthmanagement ACCOUNT_SUSPENDED
Joella Woody
20 Nov 14 12:08:56
$BBY Insider Trading updates on $JCP $TRIP $PCLN #overvalued ACCOUNT_SUSPENDED
Roxann Bayer
20 Nov 14 12:08:23
Find the next hot #pennystock $JBHT $JCP $TDC $CADX #investing http://t.co/LYoyM3H95m
PennyStock Zone
20 Nov 14 11:55:51
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Etos Etana
20 Nov 14 11:20:04
RT @IHPosts: $JCP Quotes Click Here: http://t.co/RYOK8OYBws Also See: $VPOR $LVGI $MTVX $AEXE ~
Investors Hangout
20 Nov 14 11:11:20
$JCP Quotes Click Here: http://t.co/RYOK8OYBws Also See: $VPOR $LVGI $MTVX $AEXE ~
David Darby
20 Nov 14 11:09:50
$jcp looking like a nice setup developing open posi http://t.co/dqLXBTpN5a
Chasing Stars
20 Nov 14 11:02:35
$JCP Ask Size Click Here: http://t.co/DOHOm4PNpN Also See: $FSLR $STEV $EBAY $LUV ~
Jann Gobble
20 Nov 14 11:02:35
$JCP News: Black Friday 2014: Best and Worst Deals http://t.co/yBqnF2T01N
Stock Forums
20 Nov 14 11:01:01
$JCP Short Sales Click Here: http://t.co/oBNhhTxL9i Also See: $GVSI $TUNG $CHICF $SAMP ~
Lita Akers
20 Nov 14 10:51:24
$CNA Are you Investing in $JCP $WDC $RAX #Stock ACCOUNT_SUSPENDED
Shawn Hager
20 Nov 14 10:42:59
Todays movers to research $WDAY $JCP $CAM $CSIQ #overvalued http://t.co/erH2gJTBeH
Judie Olivas
20 Nov 14 10:39:39
Find more winners like $JCP $CELG $PCYC $FB View now ACCOUNT_SUSPENDED
Stock Rocket
20 Nov 14 10:39:33
Thanks to the 5 pro traders at http://t.co/5jbX6mNKQv for an amazing week! My win rate was 80%. So sweet. $ANR $JCP $AU $HL
Kimberlee Kerns
20 Nov 14 10:25:20
Are you Bullish on these #stocks $HNT $JCP $PPS $GOOG Goto http://t.co/GwwgMR2Ia1
Cami Clarke
20 Nov 14 10:23:47
Whats going on with $GMCR $ENH $JCP $QLYS #economy http://t.co/dhAH5ISUO5
Jenee Lemons
20 Nov 14 10:10:26
#Best #Pennystock research $FOXA $SLXP $JCP $FEYE View now ACCOUNT_SUSPENDED
PennyStock Zone
20 Nov 14 10:05:25
http://t.co/nGpJsAI10D <-- Turn $100 into $1000, $10000 or more in 30 days! $JCP $CYBR $FUEL $CSCO $CSIQ $ACHN $XONE $LULU
Patty Roth
20 Nov 14 10:02:06
Seeking the next hot #pennystock $FLR $GPC $JCP $ABX #investing ACCOUNT_SUSPENDED
Chas Amos
20 Nov 14 09:42:17
Are you hanging on to $SNV $FRT $JCP $ABX #Stock ACCOUNT_SUSPENDED
Keenan Jett
20 Nov 14 09:33:30
Seeking the next stock like $GAS $UTHR $JCP $SSO Try this ACCOUNT_SUSPENDED
20 Nov 14 09:18:04
Ackman also was amazing with $JCP. A year ago would have thought the co on cusp of a turnaround and he sold at 12.50, a 50% hit.
20 Nov 14 09:15:40
RT @jcpnews: JCPenney 2014 Disney Snow Globe and Black Friday Shopping B-Roll Available http://t.co/r3DGSXmmmI $JCP http://t.co/iIRmZWehtn
Jann Gobble
20 Nov 14 09:13:36
$JCP News: Hanover Mall to open 12:30 a.m. Black Friday (HUH?) http://t.co/dKfbsmbUrU
JCPenney News
20 Nov 14 09:04:17
The Disney Shop inside JCPenney has over 300 exclusives —including the popular Elsa, Anna & Olaf from Frozen $JCP http://t.co/98TRHJX1gz
Alycia Adamson
20 Nov 14 09:03:59
Top Performing #Stocks today $CLWR $ALKS $JCP $GOOG #financialnews ACCOUNT_SUSPENDED
20 Nov 14 09:01:23
http://t.co/vVojvWiBbX leahanne: $JCP J.C. Penney Co. Inc.: Volume Alert - JCP 7.32 J.C. Penney Company Inc http://t.co/3hUMaYfp7Q
20 Nov 14 09:00:05
Volume Alert - JCP 7.32 J.C. Penney Company Inc $JCP Hit a high today of 7.32 Closing the day 10:30 at 7.32 +0 http://t.co/YC5K6H9YMU
20 Nov 14 08:59:32
$JCP Volume Alert - JCP 7.32 J.C. Penney Company Inc $JCP Hit a high today of 7.32 Closing the day 10:30 at 7.32 +0 http://t.co/5NY4hJPfrh
20 Nov 14 08:50:49
I didnt know the pro members get the opening bell alerts from http://t.co/qY5MPlJPrU 1 day early. $DNR $JCP $ATVI $SD $RAD $GG
20 Nov 14 08:12:54
$BABA is building a base, it is into its seasonal strength $VIPS $EBAY $JCP http://t.co/27hJOpm8eo
Nixon Domville
20 Nov 14 08:09:04
This weeks Stocks you should Watch $SIAL $JCP $CSCO $RT #liquidity RATE_LIMIT_EXCEEDED
Brice Means
20 Nov 14 08:07:59
Shoud you sell or hold stocks like $KRC $JCP $STLD $AAPL #NASDAQ RATE_LIMIT_EXCEEDED
Jacob Wolinsky
20 Nov 14 08:05:21
$JCP and $SHLD finally in the lead for something http://t.co/IHFAVA10bn
20 Nov 14 08:03:26
Black Friday 2014 Discounts - J C Penney Ranks First http://t.co/OiAV2hEupe $JCP $M $BBY $AMZN @wallethub http://t.co/8LMKPhzo2H
Josette Becnel
20 Nov 14 07:30:22
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20 Nov 14 06:58:51
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Demetra Denial
20 Nov 14 06:51:38
Should you hold or add to $HIG $CBG $JCP $FB Goto http://t.co/0i9nWpPNXS
20 Nov 14 06:30:35
$JCP - a mommoth 617K sold just now at 7.20
Rahul Sharma
20 Nov 14 06:21:53
@Wrochette yes so did $JCP to start with. So capitalizing on what you have really matters! :)
  +Follow December 10, 2013 8:44AM



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