The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how financial ratios play a role.
CreditRiskMonitor recently published a High Risk Report on troubled Cooper-Standard Holdings Inc. This detailed report will provide five quick and important facts that you need to know about this OEM auto industry supplier.
Sears Holdings Corporation has closed underperforming stores and cut costs, yet a hedge fund controlled by company CEO Eddie Lampert is now pushing for even more forceful financial restructuring to stave off bankruptcy.
CreditRiskMonitor offers up five quick and important facts that you need to know about China Evergrande Group right now to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
The coronavirus has reignited challenges for Contura Energy, Inc. and for the coal industry in general, with the price of coal dropping towards multi-year lows.
Most trade payments only become past due after a bankruptcy filing. Thus, unsecured creditors are given a false sense of security and after months - or years - of legal proceedings, they recover pennies on the dollar.
The senior housing industry reported a significant share of the coronavirus illness cases, causing a collapse in occupancy. A considerable population decline in assisted living facilities could deliver a slew of corporate bankruptcies in the coming year.
Heavily indebted public companies - including perhaps theaters near you - are reeling as countries around the world shut their economies to slow the progress of COVID-19.
CreditRiskMonitor warned of the increased bankruptcy risk at newspaper owner McClatchy Company for more than a year before their Chapter 11 filing in February 2020. Yet McClatchy Company is not an isolated case and risk professionals should be monitoring other news provider outlets closely.