The CreditRiskMonitor^® Blog

Public company bankruptcies soared in 2020, and filings continue to roll in as fallout from COVID-19. Here are five of the most notable Chapter 11 cases we've seen so far in 2021, and another five companies we feel are in big-time danger.

Business at casinos and resorts has picked up following an easing of travel restrictions after COVID-19, yet operators worldwide continue to be tested by steep fixed cost structures and debt-loaded balance sheets.

Trucking industry bellwethers, including UPS, FedEx, and Amazon, continue to enjoy steady delivery volumes and pricing power. Yet their collective lack of forward guidance reflects an industry with uncertainty, particularly for underperforming truckers.

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.

Central banks worldwide are suppressing borrowing rates to accommodate credit markets, trying to alleviate financial pressures on corporations. This is creating a surge of "zombie companies," or firms that are staying alive in spite of their inability to service interest expenses.

Many operators within the auto & truck parts industry continue to struggle from supply chain constraints and breakdowns brought on by the COVID-19 pandemic, adversely impacting profitability.

As auto manufacturing sales return to pre-COVID-19 levels, a few major industry leaders are stuck in neutral. Could bankruptcy hit your favorite car make in 2021?

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.

The "Virtual Credit Group" is giving unfavorable reviews for AMC Entertainment Holdings and Cineworld Group, two of the largest - and riskiest - movie theater chains in the world.

CreditRiskMonitor’s integration of subscriber crowdsourcing into the FRISK® score continues to prove itself as a unique enhancement, unavailable in any other bankruptcy prediction model. Recently, the "Virtual Credit Group" highlighted the elevated risk of coal miners Peabody Energy Corporation and Alpha Metallurgical Resources Inc.

Supplier financial risk is the source of many recurring, prolonged, and unanticipated supply chain issues that can otherwise be prevented or mitigated - if you're willing to ask a few pertinent questions.

The FRISK® score enables procurement and supply chain professionals to monitor the financial risk of their suppliers, vendors, and third parties quickly and efficiently.