Resources

Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.

Press Release
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CreditRiskMonitor Announces First Quarter Results

… worldwide and mounting geopolitical risk. While financial risk may not currently be at the top of the list … feedback from clients and prospects on our new Confidential Financial Statement Solution has confirmed its product-market fit in addressing the financial risk of unscored private companies. Removing the …

CreditRiskMonitor reported operating revenues of $4.8 million, an increase of approximately $218 thousand or 5%, for the first quarter of fiscal 2024 compared to the same period of fiscal 2023.

High Risk Report
Financial arrow pointing downward

Denbury Resources Inc.

… credit risk despite improving oil markets. Denbury's weak financial state was highlighted by its recent distressed … important factors that have contributed to Denbury's poor financial condition. For example, the company has shown a … flow deficit over the trailing 12-month period. As such, financial counterparties should be particularly careful when …

Denbury Resources’ high risk status was determined by multiple factors, including subscriber crowdsourcing, which is proprietary information collected and used by CreditRiskMonitor. 

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Media Coverage
Media coverage of the credit research foundation

Assessing Public Company Financial Risk by Crowdsourcing the Research of Credit Professionals

… Assessing Public Company Financial Risk by Crowdsourcing the Research of Credit … provides an early warning of business counterparty financial risk. … Published in Credit Research Foundation’s … provides an early warning of business counterparty financial risk. … Media Coverage … Assessing Public Company …

Published in Credit Research Foundation’s quarterly journal, this article discusses how crowdsourcing the research activity of corporate credit professionals provides an early warning of business counterparty financial risk.

Press Release
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CreditRiskMonitor Announces First Quarter Results

… credit risk models to identify a counterparty’s financial distress before a bankruptcy filing. Many of these … conditions show why the standard operating playbook for financial risk mitigation established during the … certification data, and introducing our new confidential financial statement engine that automatically standardizes, …

CreditRiskMonitor reported operating revenues of $4.6 million, an increase of approximately $253 thousand or 6%, for the three months ended March 31, 2023, as compared to the first quarter of fiscal 2022.

High Risk Report
Community Health at risk

Community Health Systems, Inc.

Is Community Health Systems, Inc. on life support? Our High Risk Report offers a prognosis on this volatile American healthcare provider.

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Press Release
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CreditRiskMonitor Announces 2022 Results

… ESG add-on, business certification data, and our new financial statement recognition engine, which will automatically standardize, spread, and score financial statement confidentially for our clients. The … a need to monitor counterparty risk with an emphasis on financial stability. As in past recessionary environments, …

CreditRiskMonitor reported that operating revenues of $18 million, an increase of approximately $1 million or 5%, for the year ended December 31, 2022, as compared to 2021.

Bankruptcy Case Study
Bankruptcy Orexigen

Orexigen Therapeutics, Inc.

… 11 bankruptcy restructuring on Mar. 12, 2018. Its poor financial condition was highlighted by it's FRISK score that … concerns mentioned within the MD&A as well as relevant financial metrics. Fundamentally, its ability to generate … Simultaneously, it's unrestrained spending and high financial leverage ultimately led to debt covenant …

California-based biopharmaceutical company Orexigen Therapeutics, Inc. failed to pass our FRISK® score inspection for years, ultimately filing for bankruptcy in early 2018.

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High Risk Report
Legacy reserves oil wells

Legacy Reserves Inc.

… Legacy Reserves Inc. Looking at recent financials and our FRISK score, we're hardly gushing over … FRISK score - which combines stock market volatlity data, financial ratios, bond agency ratings and subscriber crowdsourcing into one holistic measure for financial risk in a publicly traded company - pegs the …

Looking at recent financials and our FRISK® score, we're hardly gushing over oil and gas operator Legacy Reserves Inc.

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Thought Leadership
dots and lines representing technology

Powered by Artificial Intelligence

… scores – FRISK and PAYCE – to more accurately predict financial risk at public and private companies, … indicators of company default. Public and private company financial risk analysis each requires different methods of … Why? To begin, payment patterns don’t reveal underlying financial stress for large public companies. With access to …

Powered by crowdsourcing and deep neural network technology, CreditRiskMonitor® uses two proprietary scores – FRISK® and PAYCE® – to more accurately predict financial risk at public and private companies, respectively. 

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