CreditRiskMonitor reported that operating revenues for the year ended Dec. 31, 2021, increased to approximately $17 million up 8.5% from $15.7 million in 2020.
Pump the brakes on credit extension? Sustained demand weakness and cumbersome debt load have us thinking twice about auto parts manufacturer Cooper-Standard Holdings Inc.
Pump the brakes on credit extension? Sustained demand weakness and cumbersome debt load have us thinking twice about auto parts manufacturer Cooper-Standard Holdings Inc.
The COVID-19 pandemic swiftly delivered hundreds of bankruptcy filings in 2020. Here in 2022, geopolitical tensions, supply chain challenges, and tightening credit conditions could lead to a similar devastating outcome.
The COVID-19 pandemic swiftly delivered hundreds of bankruptcy filings in 2020. Here in 2022, geopolitical tensions, supply chain challenges, and tightening credit conditions could lead to a similar devastating outcome.
In this episode, Mike & Jerry examine the consequences of the ongoing conflict between Russia and Ukraine on global credit and supply chains, suggesting pivots financial risk evaluators can make to reduce exposure.
Blog Post
Avoid the crash: not having a daily risk download like what we provide subscribers with our proprietary FRISK® score, when world events like armed conflict are changing industry every day, is like flying a plane without instruments through a hurricane.
Avoid the crash: not having a daily risk download like what we provide subscribers with our proprietary FRISK® score, when world events like armed conflict are changing industry every day, is like flying a plane without instruments through a hurricane.
Tick tock. WeWork Inc. carries over $21 billion in debt and reported $5 billion in net losses in the past year. This real-estate giant with more than 700 property locations worldwide is increasingly distressed.
Tick tock. WeWork Inc. carries over $21 billion in debt and reported $5 billion in net losses in the past year. This real-estate giant with more than 700 property locations worldwide is increasingly distressed.
In their debut episode, Mike Flum (CreditRiskMonitor President & COO) and Jerry Flum (CreditRiskMonitor Chairman & CEO) discuss a sharp rise in non-financial corporate debt worldwide and if such a spike portends a wave of bankruptcies in 2022.
High Risk Report
China-based property developer Fantasia Holdings Group defaulted on its bonds late in 2021. With board members leaving and creditors petitioning the company to sell assets, insolvency could be near.
China-based property developer Fantasia Holdings Group defaulted on its bonds late in 2021. With board members leaving and creditors petitioning the company to sell assets, insolvency could be near.
With inflation at a 40-year high and interest rate hikes beginning to be implemented, more and more overleveraged companies with sinking FRISK® scores are in greater danger of bankruptcy in 2022.
With inflation at a 40-year high and interest rate hikes beginning to be implemented, more and more overleveraged companies with sinking FRISK® scores are in greater danger of bankruptcy in 2022.
Generic pharmaceutical manufacturer Lannett Company, Inc., is swallowing some tough pills these days: a continuing deterioration in operating performance and intense pricing pressure from competitors. Is bankruptcy drawing near?
Generic pharmaceutical manufacturer Lannett Company, Inc., is swallowing some tough pills these days: a continuing deterioration in operating performance and intense pricing pressure from competitors. Is bankruptcy drawing near?
Textile manufacturer Pan Brothers Tbk PT unsuccessfully relied on a strategy of using short-term working-capital facilities to cover its long cash-conversion cycle, leading to eventual bankruptcy.
Textile manufacturer Pan Brothers Tbk PT unsuccessfully relied on a strategy of using short-term working-capital facilities to cover its long cash-conversion cycle, leading to eventual bankruptcy.
In 2021, total liabilities from public company bankruptcies approached $77 billion, delivering formidable material losses to creditors and major disruptions to global supply chains.
In 2021, total liabilities from public company bankruptcies approached $77 billion, delivering formidable material losses to creditors and major disruptions to global supply chains.
