In 2021, total liabilities from public company bankruptcies approached $77 billion, delivering formidable material losses to creditors and major disruptions to global supply chains.
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Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
Public and private companies need to be proactively evaluated in distinct, different ways by risk management professionals - fortunately, with the FRISK® score and PAYCE® score, CreditRiskMonitor has world-class solutions for both subportfolios.
With more than two decades' worth of usage data on the research patterns of credit and procurement professionals in hand, CreditRiskMonitor has discovered that the aggregate sentiment signals displayed by this group are highly predictive of company bankruptcy.
Corporate supply chains need to be wary of suppliers that are financially distressed. High-risk suppliers can expose your company to a variety of issues, which can ultimately have an impact on your company's supply chain, sales revenue, and reputation.
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.
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.
CreditRiskMonitor's FRISK® score continues to outperform other risk scores in 2020 by appropriately distinguishing which public companies are low, medium, and high risk.
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.