Cumulus Media's FRISK® score of "1" highlighted an elevated probability of bankruptcy well before it filed for Chapter 11. Here were some of the warning signs.
Resources
Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
Julia Melcher of Style Democracy looks at major retailers with CreditRiskMonitor FRISK® scores of "2" and below, indicating heightened bankruptcy risk for those companies in 2018.
Lights, Camera, Bankrupt. Our FRISK® score broadcasted the financial dangers hidden within Minnesota-based media company iMedia Brands, Inc., a debt-laden enterprise hurt by declining cable TV subscribers and inflation.
This Bankruptcy Case Study shows that Parker Drilling Company was choked by more than a half a billion dollars in debt in 2018, never rising above a FRISK® score of "1."
Skies aren't so friendly anymore for one of Asia's largest airliners, reorganizing in court and leaving creditors to collect the scraps - except for those savvy folks who relied on the FRISK® score to sidestep risk.
Retail Dive's Cara Salpini takes a look at the 12 retailers walking a dangerous line toward bankruptcy in 2019, citing CreditRiskMonitor's FRISK® score.
CreditRiskMonitor’s proprietary FRISK® score has Colorado-based energy giant Westmoreland Coal Company at a "1," the highest probability of bankruptcy within the next 12 months.
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.
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.