As the world grapples with a new surge of COVID-19 infections, it is worth revisiting Hertz Global Holdings’ bankruptcy and what their tribulation should teach you about other distressed travel names in your portfolio.
In the restaurant industry during COVID-19, the ability to pay your bill today doesn't mean that you can just as easily pay the bill tomorrow. We see the danger in many high-profile eateries across the U.S.
Ferrellgas Partners, L.P. is a good example of what to look for as a financial counterparty spirals toward bankruptcy, seeking out court protections.
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 FRISK® score downgraded retailers and restaurants in February and March following the market sell-off stemming from coronavirus.
The decline and demise of oil services giant McDermott International, Inc. was missed by many due to an unwise reliance on trade payment data analysis. When it comes to public companies and bankruptcy prediction, payment data doesn't work.
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.