With inflation at a 40-year high and interest rate hikes beginning to be implemented, more and more overleveraged companies with sinking FRISK® scores are in greater danger of bankruptcy in 2022.
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.
The energy sector is slowly working its way back from the severe demand decline in 2020 due to the coronavirus pandemic. Schlumberger N.V. and Seadrill Limited, at different ends of the risk spectrum, are prime examples that underscore the effectiveness of the FRISK® score in keeping an everyday watch on bankruptcy.
CreditRiskMonitor recently published a High Risk Report on troubled Cooper-Standard Holdings Inc. This detailed report will provide five quick and important facts that you need to know about this OEM auto industry supplier.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how financial ratios play a role.
Sears Holdings Corporation has closed underperforming stores and cut costs, yet a hedge fund controlled by company CEO Eddie Lampert is now pushing for even more forceful financial restructuring to stave off bankruptcy.
CreditRiskMonitor offers up five quick and important facts that you need to know about China Evergrande Group right now to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
Most trade payments only become past due after a bankruptcy filing. Thus, unsecured creditors are given a false sense of security and after months - or years - of legal proceedings, they recover pennies on the dollar.
The coronavirus has reignited challenges for Contura Energy, Inc. and for the coal industry in general, with the price of coal dropping towards multi-year lows.