Anchored off the United States' Gulf Coast Basin, PetroQuest Energy, Inc. could not further weather steep drops in sales and working capital, which in large part led to their bankruptcy.
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.
Ohio-based chemical giant Hexion, Inc. has seen it's FRISK® score stay sunk at a bottom-dwelling "1" for more than two years, indicating tremendous potential bankruptcy risk.
CreditRiskMonitor’s proprietary FRISK® score for auto giant Tesla, Inc., in part powered by subscriber crowdsourcing, has persistently signaled an elevated level of financial risk.
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.
Roadrunner Transportation Systems, Inc. generates more than $2 billion in annual sales – yet in a growing trucking industry, CreditRiskMonitor subscriber crowdsourcing provides us a key warning signal that the company may be headed towards a breakdown.
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Brazil, the eighth-largest economy in the world, has experienced an anemic recovery from its 2014 recession. Amid currently poor business conditions, corporations with high financial risk should be carefully monitored.
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.
