Over the last three completed calendar years, CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a 96% rate of success.
With cracks already starting to show in the trucking industry and CFOs worrying that economic conditions are primed to decline, the time to prepare is now.
Our FRISK® score is drilling deep for our subscribers to unearth the high financial stress lurking within well site service provider Basic Energy Services, Inc.
The financial fallout from the most recent holiday season may not provide comfort or joy for Conn’s, Inc., a specialty retailer of furniture, mattresses, home appliances and electronics.
A popular technology solutions provider to the energy sector, Houston-based McDermott International, Inc. has met Chapter 11 bankruptcy - a fate which wouldn't have surprised vigilant CreditRiskMonitor subscribers.
As the likelihood of an economic downturn continues to intensify, public companies across cyclical industries like trucking should be monitored closely.
Baby bankruptcy boom: American retailer Destination Maternity Corporation has met Chapter 11. Our suspicions about their heightened financial risk, however, were born more than a year before their filing.
As the fallout from one of the biggest bankruptcies of 2019 begins to settle, we see that credit and procurement professionals who evaluate risk in public companies as a habitual practice are proving to be the best at avoiding unnecessary exposure.
