Some big names filed for bankruptcy in 2017, and they all had a few key common indicators. Read our analysis and findings here.
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With economies around the world on the brink of recession, or already in one, any professional monitoring financial risk needs to establish proper oversight now before commercial bankruptcies wreak greater havoc upon their portfolio.
Based on Neiman Marcus Group LTD LLC’s bottom-rung FRISK® score of “1,” trade creditors must perform deep financial analysis and take extra care when dealing with the company.
With more than 1,000 Chinese businesses already facing global sanctions, supply chains are rapidly reorganizing supplier footprints due to severe country-related business risks.
It’s just not working out: the coronavirus pandemic is forcing the hand of financially weak American fitness operations to pursue bankruptcy, with many involving permanent location closures.
Credit professionals relied upon CreditRiskMonitor’s High Risk Reports to stay several steps ahead of failure, as 2017 was full of high-profile bankruptcy cases in the corporate world which were well-known to subscribers before they hit.
Blue Apron is promising that it will right-size its business and find an approach that will generate positive EBITDA in 2019. The scramble and the results so far don't inspire confidence, and the recurring cash burn suggests that time is limited.
Instead of looking into the past with payment history to gauge danger potential in counterparties, you need to be looking forward with CreditRiskMonitor’s predictive financial risk analytics.
Nearly 30% of publicly traded companies worldwide are already trending in the FRISK® red zone, indicating heightened bankruptcy risk - and as recession whispers intensify, every day you delay taking action could cost you and your company dearly.