Coronavirus losses are putting Brazilian airline Gol Linhas Aereas Inteligentes SA in a major cash crunch. Is bankruptcy far behind?
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CreditRiskMonitor reported revenues of $18.9 million, an increase of approximately $953 thousand or 5%, for the year ended December 31, 2023, as compared to 2022.
CreditRiskMonitor and Allianz Trade, the world’s leading trade credit insurer, are pleased to announce the approval of CreditRiskMonitor as a Discretionary Credit Limit (DCL) report provider in the U.S.
Central banks worldwide are suppressing borrowing rates to accommodate credit markets, trying to alleviate financial pressures on corporations. This is creating a surge of "zombie companies," or firms that are staying alive in spite of their inability to service interest expenses.
A dormant debt powder keg ignited in 2023; as bankruptcies continue to explode in 2024, risk professionals must set into motion a multi-faceted approach to financial risk evaluation.
Credit professionals use CreditRiskMonitor®’s Trade Contributor Program to gain quality, real-time insights into their accounts receivable portfolio. We collect in excess of $2 trillion in trade data annually from our trade providers. After processing this data, we work with credit professionals to be more proactive and tactical with their accounts receivable to make healthier business decisions.
Argentina is using extraordinary measures to keep its economy afloat. As the peso declines, businesses that are heavily reliant on debt financing could be in trouble if problems persist.
Risk of financial failure in South America is higher than it was during the Great Recession a decade ago. We scouted more than 1,500 public companies to find the riskiest public companies on the continent.
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.