Airline, media and auto companies risk bankruptcy

US companies in the airline, automobile, television and publishing industries are about four times more likely to file for bankruptcy in the next year than companies in other industries, according to a study. The study by Audit Integrity, which usually analyzes accounting risks, used a quantitative model to track liquidity, debt levels, profitability, market prices and governance and fraud risk measures at more than 2,500 companies. Satellite radio operator Sirius XM Radio was second on the study's bankruptcy risk list, with about a 9 percent risk of filing for bankruptcy in the next year. Rounding out the top 10 were media and entertainment companies CBS Corp, Las Vegas Sands and Liberty Media Corp with a 6.2, 5.9 and 5.6 percent chance of bankruptcy, respectively, according to the study.