The offshore oil and gas market remains widely depressed. Troubled outfit Hornbeck Offshore Services, Inc. has fallen to a FRISK® score of “1,” which indicates severe financial distress.
A supplier network fraying at the edges can eventually break down into a full-blown disruptive crisis. With global debt soaring, daily bankruptcy risk evaluation is a must.
Optimal assessment of public company bankruptcy risk requires the balanced, holistic analysis provided by the FRISK® score.
CreditRiskMonitor subscribers were the first to see the danger in now-bankrupt propane giant Ferrellgas Partners. The keys to successful risk evaluation were regularly keeping a keen eye upon the FRISK® score and not being swayed by payment data.
Sanctions have delivered significant financial stress to the Russian government and corporations alike. Overall, many Russian companies have dropped into – or have sunk further down into – the FRISK® score red zone, indicating heightened financial stress and corporate failure risk.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how bond agency ratings play a role.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. The first of a five-part look at these inputs, here’s how the stock market plays a role.
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.
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.