It’s just not working out: the coronavirus pandemic is forcing the hand of financially weak American fitness operations to pursue bankruptcy, with many involving permanent location closures.
Heavily indebted public companies - including perhaps theaters near you - are reeling as countries around the world shut their economies to slow the progress of COVID-19.
The longer the coronavirus persists, the harder it will be for health services operators to avoid bankruptcy, quite similar to what recently transpired with Quorum Health Corporation.
Sentiment data, farmed from leading credit managers who subscribe to our service, is pointing to extreme bankruptcy risk in a growing list of leading oil and gas giants.
CreditRiskMonitor warned of the increasing bankruptcy risk at newspaper owner McClatchy Company for more than a year before their Chapter 11 filing in February 2020. Yet McClatchy Company is not an isolated case and risk professionals should be monitoring other news provider outlets closely.
CreditRiskMonitor warned of the increased bankruptcy risk at newspaper owner McClatchy Company for more than a year before their Chapter 11 filing in February 2020. Yet McClatchy Company is not an isolated case and risk professionals should be monitoring other news provider outlets closely.
Here's a list of the 10 largest energy industry failures since 2013, as well as some of the riskiest companies that CreditRiskMonitor covers today. These companies should be watched closely as the current oil and natural gas price cycle continues to run its course.
Here's a list of the 10 largest energy industry failures since 2013, as well as some of the riskiest companies that CreditRiskMonitor covers today. These companies should be watched closely as the current oil and natural gas price cycle continues to run its course.
The decline and demise of oil services giant McDermott International, Inc. was missed by many due to an unwise reliance on trade payment data analysis. When it comes to public companies and bankruptcy prediction, payment data doesn't work.
The coronavirus has reduced air travel across key channels worldwide. Equity markets are souring on airliners, especially those that already carry excessive debt and are strapped for cash.
The coronavirus has reduced air travel across key channels worldwide. Equity markets are souring on airliners, especially those that already carry excessive debt and are strapped for cash.
If a premium grocery chain like Whole Foods can experience a multi-month SKU disaster, chances are that it can happen to your company too. Evaluate the financial health of your supply chain, see which vendors are most at risk of failure, and take the necessary steps to safeguard against them.
With cracks already starting to show in the trucking industry and CFOs worrying that economic conditions are primed to decline, the time to prepare is now.
