Video and sound solutions leader Technicolor SA, based out of France, has seen its FRISK® score gradually slide all the way down to a "1." Is bankruptcy about to shut down production?
Heavily indebted public companies - including perhaps theaters near you - are reeling as countries around the world shut their economies to slow the progress of COVID-19.
The longer the coronavirus persists, the harder it will be for health services operators to avoid bankruptcy, quite similar to what recently transpired with Quorum Health Corporation.
Grounded in Oz: Airliner Virgin Australia Holdings Ltd entered into voluntary administration and later Chapter 11 bankruptcy, as the company succumbed to an overwhelming debt load.
Sentiment data, farmed from leading credit managers who subscribe to our service, is pointing to extreme bankruptcy risk in a growing list of leading oil and gas giants.
CreditRiskMonitor warned of the increased bankruptcy risk at newspaper owner McClatchy Company for more than a year before their Chapter 11 filing in February 2020. Yet McClatchy Company is not an isolated case and risk professionals should be monitoring other news provider outlets closely.
As the world reels from the effects of COVID-19, Quorum Health Corporation - a major American healthcare provider and operator of hospitals in 13 U.S. states - has filed for bankruptcy.
Here's a list of the 10 largest energy industry failures since 2013, as well as some of the riskiest companies that CreditRiskMonitor covers today. These companies should be watched closely as the current oil and natural gas price cycle continues to run its course.
Whiting Petroleum Corporation's well has run dry, as the Denver-based company became the first big independent oil producer in the U.S. to succumb to the coronavirus pandemic.