The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how credit manager crowdsourcing play a role.
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In preparation of future bankruptcies, credit professionals are using CreditRiskMonitor’s Credit Limit Ranges solution for automated monitoring on the size of credit lines.
CreditRiskMonitor's FRISK® score continues to outperform other risk scores in 2020 by appropriately distinguishing which public companies are low, medium, and high risk.
In the COVID-19 age, institutional investors and CLO managers have reined in their appetite for incremental leveraged loan issuance. Corporate borrowers, as consequence, are bearing the brunt of this fallout.
Credit professionals should remain attentive to Tesla’s low FRISK® score, as well as their suffering operating performance, leverage and liquidity.
Even with government intervention, trade credit insurance is waning at the exact time when it is needed most. The longer the coronavirus persists, the more bankruptcies will ensue and the harder it will likely become to acquire trade insurance.
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.
Adopting multiple risk management solutions is a commonality among successful credit and procurement managers, and CreditRiskMonitor is the top option for assessing financial risk in public companies.
In a recent webinar with leading credit experts, CreditRiskMonitor CEO Jerry Flum noted that a world built on nonfinancial corporate debt is susceptible to mass bankruptcy in the wake of the COVID-19 pandemic.