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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.

CreditRiskMonitor’s FRISK^® Stress Index today shows that the retail industry in the United States is experiencing near-record financial stress.

With cracks already starting to show in the trucking industry and CFOs worrying that economic conditions are primed to decline, the time to prepare is now.

Unless there is a rapid economic recovery, more retailers are going to go the way of J. C. Penney, Pier 1 Imports, Neiman Marcus and J.Crew. That is: bankruptcy.

As the likelihood of an economic downturn continues to intensify, public companies across cyclical industries like trucking should be monitored closely.

Nearly 30 percent of Australia's public companies in our CreditRiskMonitor global directory are at a FRISK® score which indicates an elevated level of bankruptcy risk in 2018. Supply chain professionals must know that even in a strong Australian economy, risk exists in plenty of industries.

The FRISK^® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how bond agency ratings play a role.