Massive losses due to COVID-19 and the sale of its Canadian subsidiary indicates to CreditRiskMonitor subscribers that the fun may soon be over for Party City.
As auto manufacturing sales return to pre-COVID-19 levels, a few major industry leaders are stuck in neutral. Could bankruptcy hit your favorite car make in 2021?
A supplier network fraying at the edges can eventually break down into a full-blown disruptive crisis. With global debt soaring, daily bankruptcy risk evaluation is a must.
The "Virtual Credit Group" is giving unfavorable reviews for AMC Entertainment Holdings and Cineworld Group, two of the largest - and riskiest - movie theater chains in the world.
CreditRiskMonitor's President & COO Michael Flum and Sr. VP of Data Science Dr. Camilo Gomez take a look back at the volatile year that was in 2020 and how the FRISK® score was instrumental in making financial risk evaluators aware of potential bankruptcies far earlier than by using other models.
CreditRiskMonitor’s integration of subscriber crowdsourcing into the FRISK® score continues to prove itself as a unique enhancement, unavailable in any other bankruptcy prediction model. Recently, the "Virtual Credit Group" highlighted the elevated risk of coal miners Peabody Energy Corporation and Alpha Metallurgical Resources Inc.
Supplier financial risk is the source of many recurring, prolonged, and unanticipated supply chain issues that can otherwise be prevented or mitigated - if you're willing to ask a few pertinent questions.
CreditRiskMonitor delivers a highly accurate gauge on U.S. public company bankruptcy risk. In 2020, out of 85 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting two bankruptcies. That amounts to a 97% rate of success during that time.
International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.
Shut down the showroom? Iconic luxury auto manufacturer Aston Martin has seen sales collapse and losses mount in a turbulent year that was overshadowed by management change and the coronavirus pandemic.
China-based property developer Tahoe Group is providing evidence that the real estate bubble has resulted in ballooning inventories and distorted balance sheets, leaving less capitalized peers to struggle in an overly distended industry.