Lidia Ryan of The Register Citizen, a Connecticut-based newspaper, cites CreditRiskMonitor FRISK® score figures into this report about major retail chains at risk of bankruptcy.
Independent oil and natural gas exploration leader California Resources Corporation has seen its FRISK® score bottom out. The time has come for trade creditors to pay close attention.
If you haven't seen big bankruptcy risk within Destination XL Group, Inc. yet, you need to look at the FRISK® score. Otherwise, avoiding a huge write-down will be a tall order.
Updating CreditRiskMonitor’s Confidential Financial Statement Service (CFS) Risk Model has led to higher capture rates of bankruptcy in private companies, with a remarkable upward spike in captures on applicable companies with lower FRISK® scores.
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”.
Once you take a look at the FRISK® score, we'll bet you'll think twice about the gamble of extending credit to a company like Greek gaming giant Intralot Integrated Lottery.
Beauty is only skin deep. Thanks to our FRISK® score, we were able to identify cosmetics icon Revlon, Inc. as an increasingly risky bet to stave off bankruptcy in 2018.
CreditRiskMonitor’s FRISK® score had been warning of tremendous financial stress at healthcare provider Hooper Holmes, Inc. for more than a year's time before their bankruptcy filing in late August.
Financial risk is never convenient. For popular British bodega proprietor McColl's, we provide a snack-sized breakdown of their recent fall into administration and show how you can spot signs of financial distress using the FRISK® score.