Explore our new FAST Rating and Risk Level enhancements in our on-demand webinar.
No two public companies are cut from the exact same cloth, yet the telltale signs of potential bankruptcy shown by craft retailer JOANN Inc. are universal: lots of leverage, recurring net losses, and negative free cash flow.
China-based property developer Fantasia Holdings Group defaulted on its bonds late in 2021. With board members leaving and creditors petitioning the company to sell assets, insolvency could be near.
Houston-based Blue Dolphin Energy has defaulted on its debt obligations and is having difficulty paying its suppliers. The company also disclosed going concern opinion and carries the material risk of filing bankruptcy.
The end credits have rolled for Cineworld Group plc, a global movie theater icon toppled by high leverage, debt, and a changing post-pandemic consumer environment.
Chemical products manufacturer Venator Materials PLC is facing major headwinds in low product demand and high material and energy costs. Could the once-powerful British company be nearing an administration filing?
Pump the brakes on credit extension? Sustained demand weakness and cumbersome debt load have us thinking twice about auto parts manufacturer Cooper-Standard Holdings Inc.
Adios, Grupo Posadas. COVID-19 and government-mandated lockdowns in Mexico strained the popular hotel operator's liquidity to the point of bankruptcy.
Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by the economic downturn brought on by COVID-19.
After surviving the COVID-19 pandemic, Rite Aid Corporation is still dealing with a heavy debt load and recurring net losses. Is bankruptcy nearing?