Keep your brains about you: if it looks like a zombie, acts like a zombie, and reports like a zombie, it is probably a zombie.
The COVID-19 pandemic swiftly delivered hundreds of bankruptcy filings in 2020. Here in 2022, geopolitical tensions, supply chain challenges, and tightening credit conditions could lead to a similar devastating outcome.
Deep cracks are surfacing in global corporate debt markets. The timing of corporate bankruptcies is always difficult to predict, yet FRISK® score trends show that the odds of a bankruptcy wave have measurably increased.
In a pandemic period when major public company bankruptcies are hitting hard daily, reliance on payment performance and/or financial statement analysis provides a whole new slew of dangers.
Knowledge of how and when to react to a business defaulting is essential; cutting ties with a customer or supplier too soon could lead to a missed sales opportunity, while being too late can result in financial loss.
The media and financial institutions, including the Federal Reserve, underreport the proliferation of zombie firms, a frightening reality you must not ignore. Learn how you can use the FRISK® score and other CreditRiskMonitor report features to protect your company from bankruptcy-prone zombies.
CreditRiskMonitor describes some of the key themes of the Bed Bath & Beyond Bankruptcy Case Study and some of the "rhymes" you'll find with past and future bankruptcy situations.
The FRISK® score cuts through the “Cloaking Effect” by identifying financially stressed companies with a differentiated and proprietary method that doesn't rely on payment history.
Here's a list of the 10 largest energy industry failures since 2013, as well as some of the riskiest companies that CreditRiskMonitor covers today. These companies should be watched closely as the current oil and natural gas price cycle continues to run its course.