The global effort to slow the spread of COVID-19 continues to impact all economic regions and industries. Risk professionals must adapt quickly or risk being sideswiped by the rise in bankruptcies.
Apparel retailers have required significant adjustments to handle their financial leverage and operating lease commitments. Brooks Brothers and Tailored Brands, in particular, fell prey to slowing demand for professional business attire, a trend which was accelerated by the coronavirus pandemic.
The challenged consumer environment will continue to pressure retailers and restaurants, which spells trouble for the collective group but especially for operators with red zone FRISK® scores.
One of the largest department store collapses of the last several years, the downfall of Debenhams Plc was foretold long ago by our FRISK® score.
Never get burned by public company bankruptcy risk -- we look at how the FRISK® score can help you prevent fires within your portfolio, using Ferrellgas Partners, L.P. as a cautionary example.
The Federal Reserve recently voiced concerns about excessive corporate financial leverage - and risk management departments need to take heed.
While many missed the warning signs for Aegean Marine Petroleum Network, Inc.'s bankruptcy in November 2018, the FRISK® score's daily calculation of the company's risk revealed sobering truths.
AutoCanada Inc.'s heavy leverage has put the company in potential danger. As interest rates rise in both Canada and the U.S., expected softer sales and higher costs will make it much harder for the company to remain solvent in 2019.
Commodities trader Noble Group Limited is in talks with creditors to restructure its debt. Their FRISK® score is in the high-risk "red zone," warning risk professionals of Noble Group's poor financial condition.