With inflation running hot, the U.S. Federal Reserve has embarked on a rate hike agenda. Financially weak companies with material near-term maturities are struggling and, in some cases, bankruptcy could be imminent.
The high-profile implosion of China’s largest property developer, China Evergrande Group, with 2.4 trillion RMB in total assets has snapped to the attention of financial risk evaluators worldwide.
Public company bankruptcies soared in 2020, and filings continue to roll in as fallout from COVID-19. Here are five of the most notable Chapter 11 cases we've seen so far in 2021, and another five companies we feel are in big-time danger.
There's no end in sight to the carnage COVID-19 is rendering in the retail sector. Public and private company bankruptcies in this industry are piling up as 2020 embarks into Q4.
Establishing a culture of strong supply chain oversight is vital during a global pandemic, and CreditRiskMonitor can provide you all the tools necessary to be successful in this endeavor.
The fall of car rental giant Hertz Global Holdings, Inc. proves the point that the health of an entire supply chain, from raw material harvesting to finished products, is critical to understand relative to assessing bankruptcy risk potential.
It’s just not working out: the coronavirus pandemic is forcing the hand of financially weak American fitness operations to pursue bankruptcy, with many involving permanent location closures.
CreditRiskMonitor’s assessment of the U.S./Canadian E&P industry reveals that about two-thirds of operators are financially distressed and have higher-than-average risk of bankruptcy.
It’s rare to see a consumer staple food processing company falling into financial distress, but CreditRiskMonitor’s FRISK® score on the Dean Foods Company has been signaling elevated risk to our subscribers for more than a year.