The COVID-19 pandemic swiftly delivered hundreds of bankruptcy filings in 2020. Here in 2022, geopolitical tensions, supply chain challenges, and tightening credit conditions could lead to a similar devastating outcome.
Avoid the crash: not having a daily risk download like what we provide subscribers with our proprietary FRISK® score, when world events like armed conflict are changing industry every day, is like flying a plane without instruments through a hurricane.
Tick tock. WeWork Inc. carries over $21 billion in debt and reported $5 billion in net losses in the past year. This real-estate giant with more than 700 property locations worldwide is increasingly distressed.
China-based property developer Fantasia Holdings Group defaulted on its bonds late in 2021. With board members leaving and creditors petitioning the company to sell assets, insolvency could be near.
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.
Generic pharmaceutical manufacturer Lannett Company, Inc., is swallowing some tough pills these days: a continuing deterioration in operating performance and intense pricing pressure from competitors. Is bankruptcy drawing near?
In 2021, total liabilities from public company bankruptcies approached $77 billion, delivering formidable material losses to creditors and major disruptions to global supply chains.
CreditRiskMonitor offers up five quick and important facts that you need to know about Cineworld Group plc right now to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
As the Bank of England has already raised interest rates in the U.K., the U.S. Federal Reserve is telegraphing at least three interest rate hikes in 2022. With interest rates on the rise, many companies will go from muddling through to facing extreme financial duress.
The end credits could roll on Cineworld Group, the parent company of several large movie theater chains including Regal Entertainment Group. Will COVID-19 ultimately annihilate the industry?
Property development represents about 30% of China’s GDP. Ongoing defaults could eventually convert into bankruptcy filings that would shake up the industry - and subsequently rock markets in the West.
The coronavirus pandemic continues to have a disproportionate impact on airlines and related companies. As a clued-in financial risk evaluator, you will need to routinely monitor your greatest risks in this troubled industry.