Join CreditRiskMonitor's President & COO Michael Flum and Sr. VP of Data Science Dr. Camilo Gomez for a look back at the volatile year that was in 2020 and how the FRISK® score was instrumental in making financial risk evaluators aware of potential bankruptcies far earlier than by using other models.
There is hope for U.S. senior housing companies, as COVID-19 will one day relent despite claiming more than 400,000 lives – and counting. It is unclear, however, if all operators will make it to the end of the pandemic without meeting bankruptcy first.
Thomas Cook and Virgin Australia, two massive airliners, have filed bankruptcy. Could American Airlines be next?
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.
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.
In a pandemic period when major public company bankruptcies are hitting hard daily, reliance on payment performance and/or financial statement analysis provides a whole new slew of dangers.
Brazilian airliner Gol Linhas Aereas Inteligentes SA is now bankrupt, grounded by massive debt incurred in the wake of the COVID-19 pandemic.
Adios, Grupo Posadas. COVID-19 and government-mandated lockdowns in Mexico strained the popular hotel operator's liquidity to the point of bankruptcy.
The downfall of Ascena Retail Group, parent company of Ann Taylor, Lane Bryant and DressBarn, was largely foretold by our FRISK® score prior to the COVID-19 pandemic.