Specialty retailer, The Container Store Group, Inc., filed for bankruptcy on December 22, 2024. The FRISK® Score had signaled the company’s financial distress for 12 consecutive months, providing early warning to subscribers. Yet the company’s Days Beyond Terms Index, a measure of historical trade payment performance, persistently indicated prompt payment behavior. The divergence between these indicators is known as the “Cloaking Effect”.
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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.
When the FRISK® score becomes your go-to metric for financial risk analysis, incredibly accurate (read: good) adjustments follow.
Rite Aid Corporation's elevated risk of financial failure might be imperceptible if a credit and procurement managers put too much stock into whether or not the pharma retail mainstay continues to pay bills on time.
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.
A recent high-profile bankruptcy within telecom provides a golden example of how reliance on payment data in assessing risk within public companies is foolhardy.
One of the largest department store collapses of the last several years, the downfall of Debenhams Plc was foretold long ago by our FRISK® score.
CreditRiskMonitor offers up five quick and important facts that you need to know about Party City Holdco Inc. to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
CreditRiskMonitor subscribers were the first to see the danger in now-bankrupt propane giant Ferrellgas Partners. The keys to successful risk evaluation were regularly keeping a keen eye upon the FRISK® score and not being swayed by payment data.