Over the last two completed calendar years, CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a near 98% rate of success.
Powered by crowdsourcing and deep neural network technology, CreditRiskMonitor® uses two proprietary scores – FRISK® and PAYCE® – to more accurately predict financial risk at public and private companies, respectively.
Financial risk is very real in public companies. If you're not a CreditRiskMonitor subscriber, you're missing out on the insights from the largest virtual credit group on the planet.
U.S.-based mining outfit Westmoreland Coal Company filed for Bankruptcy in Oct. 2018, unable to service it's debt load once loanable collateral had been exhausted.
Ben Unglesbee of RetailDive leverages CreditRiskMonitor FRISK®️ score data to examine the current financial health of mega retailer Neiman Marcus Group LTD LLC.
Public and private companies need to be proactively evaluated in distinct, different ways by risk management professionals - fortunately, with the FRISK® score and PAYCE® score, CreditRiskMonitor has world-class solutions for both subportfolios.
Ben Unglesbee of RetailDive refers to the CreditRiskMonitor FRISK® score to determine 10 retailers with heightened bankruptcy risk heading into the second half of 2018.
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.
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.
Daphne Howland of Retail Dive reports on the recent store closings of specialty retailer General Nutrition Center (GNC), citing CreditRiskMonitor's FRISK® score as a reliable measure for predicting public company bankruptcy risk.
Using the CreditRiskMonitor's FRISK® score as his main barometer, Ben Unglesbee of Retail Dive looks at a dozen retailers at risk for bankruptcy this year.