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.
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.
Struggling with debt and declining sales, ATM and Point of Sale tech manufacturer Diebold Nixdorf, Inc. has filed for Chapter 11 protection. Our subscribers, armed with the FRISK® Score, would have made an early withdrawal before bankruptcy struck.
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.
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.
WeWork Inc. continues to expand its network and carries some untapped funding sources, but has not proved that it can control its cash burn. Crowdsourced subscriber sentiment is signaling to the FRISK® score that bankruptcy could be in the cards in the coming months.
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.
Telecom leader Windstream Holdings, Inc. paid their bills on time right up to their bankruptcy filing – while payment data analysis missed their troubles, the FRISK® score noted their elevated risk level for years.