When do companies go bankrupt?

When they run out of equity, or when they cannot loan more money from the banks or other creditors? Lockheed Martin has had negative equity back in 2017, but is now back. MC Donald’s is in red now, and Boeing seems just to have larger and larger negative […]

MC Donald’s has a negative equity, it would seem!

I was just looking through some business numbers, and I realised that Mc Donald’s, (where I have worked for 3 years in public school and High School), is broke, they have a negative equity (-7.825 mio. USD in 2020)… Other source here: https://www.macrotrends.net/stocks/charts/MCD/mcdonalds/debt-equity-ratio Will MC Donald’s go bankrupt?