Gain unique insights into the business and financial decline that precedes bankruptcy - and how our solutions can help predict bankruptcy amongst your company's counterparties.
CreditRiskMonitor® Bankruptcy Case Studies provide post-filing analyses of public company bankruptcies. Our case studies educate subscribers about methods they can apply to assess bankruptcy risk using our proprietary FRISK® score, robust financial database, and timely news alerts.
In nearly every case, a low FRISK® score gave our subscribers early warning of financial distress within a one-year time horizon. Our proprietary FRISK® score predicts bankruptcy risk at public companies with 96% accuracy. The score is formulated by a number of indicators including stock market capitalization and volatility, financial ratios, agency ratings, and crowdsourced behavioral data from a subscriber group that includes nearly 40% of the Fortune 1000 and thousands more worldwide.
Whether you are new to credit analysis or have decades of experience under your belt, CreditRiskMonitor® Bankruptcy Case Studies offer unique insights into the business and financial decline that precedes bankruptcy.
For the second time in four years, Seadrill Limited is bankrupt. The company is the latest in a series of offshore rig firms to seek court protection from creditors following spending cuts by the energy sector in wake of the COVID-19 pandemic.
Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by the economic downturn brought on by COVID-19.
Bankruptcy is the biggest faux pas in fashion retail. What factors drove iconic women's clothing store Francesca's towards a Chapter 11 filing? We explore.
Bubble, bubble, oil, and trouble: Gulfport Energy Corporation's FRISK® score told our subscribers for more than a year that a bankruptcy filing could be imminent.
Irish drug company Mallinckrodt plc is one of several major opioid manufacturers to file for bankruptcy protection in the shadow of massive litigation.
With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring.
After more than a century in business, the national discount department store Stein Mart, Inc. has filed for Chapter 11 protection. The coronavirus continues to provide a debilitating headwind towards the retail sector.
Tailored Brands, owner of Men's Warehouse and Jos. A. Bank, filed for bankruptcy following the secular headwinds of declining professional attire, only accelerated by the coronavirus and stay-at-home orders.
The downfall of Ascena Retail Group, parent company of Ann Taylor, Lane Bryant and DressBarn, was largely foretold by our FRISK® score prior to the COVID-19 pandemic.
Engine failure: the bankruptcy of Briggs & Stratton Corporation was an event long suspected by CreditRiskMonitor subscribers who watched the company's fledgling FRISK® score on a daily basis.