A recent high-profile bankruptcy within telecom provides a golden example of how reliance on payment data in assessing risk within public companies is foolhardy.
In-flight WiFi provider Gogo Inc. is in danger of being grounded by a steep year-over-year cash balance decline and the inability to generate any positive returns.
Telecom leader Windstream Holdings, Inc. paid their bills on time right up to their bankruptcy filing – while payment data analysis missed their troubles, the FRISK® score noted their elevated risk level for years.
One of the financially weakest names in the Security Systems service industry, we sound the alarm on U.S.-based Monitronics International, Inc. in this High Risk Report.
With concerns surrounding China’s economy and the sharp decline in the Baltic Dry Index, risk professionals should be vigilant in monitoring the changing conditions in the shipping industry.
Based on Neiman Marcus Group LTD LLC’s bottom-rung FRISK® score of “1,” trade creditors must perform deep financial analysis and take extra care when dealing with the company.
A steep decline in working capital and a skyrocketing total debt-to-EBITDA fuels our suspicion that Ferrellgas Partners, L.P. might be heading towards bankruptcy in the coming year.
A look at our FRISK® Stress Index shows that there are more than 30 large-scale public companies within the restaurant industry at heightened risk of bankruptcy in 2019.
CPI Card Group, Inc. has seen it's FRISK® score flatline for 12 consecutive months as persistent negative net worth suggests loanable collateral has been exhausted.
This Bankruptcy Case Study shows that Parker Drilling Company was choked by more than a half a billion dollars in debt in 2018, never rising above a FRISK® score of "1."
