Rite Aid Corporation's elevated risk of financial failure might be imperceptible if a credit and procurement managers put too much stock into whether or not the pharma retail mainstay continues to pay bills on time.
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The harsh downturn in several end markets has resulted in overcapacity in key industrial commodity markets, causing base metal prices to break materially lower. We note where bankruptcy is most probable.
As the likelihood of an economic downturn continues to intensify, public companies across cyclical industries like trucking should be monitored closely.
CreditRiskMonitor’s assessment of the U.S./Canadian E&P industry reveals that about two-thirds of operators are financially distressed and have higher-than-average risk of bankruptcy.
Toys “R” Us filed for bankruptcy right before the holiday season in 2017 as suppliers began to restrict access to trade credit, setting in motion a liquidity crunch.
Nearly 30 percent of Australia's public companies in our CreditRiskMonitor global directory are at a FRISK® score which indicates an elevated level of bankruptcy risk in 2018. Supply chain professionals must know that even in a strong Australian economy, risk exists in plenty of industries.
Trucking industry bellwethers, including UPS, FedEx, and Amazon, continue to enjoy steady delivery volumes and pricing power. Yet their collective lack of forward guidance reflects an industry with uncertainty, particularly for underperforming truckers.
The median U.S. supplier has reduced capital expenditures into property, plant, and equipment and has increased their total debt-to-asset burden in the last two years. Such action creates pitfalls in supply chains, especially in the age of COVID-19.
Credit professionals use CreditRiskMonitor®’s Trade Contributor Program to gain quality, real-time insights into their accounts receivable portfolio. We collect in excess of $2 trillion in trade data annually from our trade providers. After processing this data, we work with credit professionals to be more proactive and tactical with their accounts receivable to make healthier business decisions.