The financial fallout from the most recent holiday season may not provide comfort or joy for Conn’s, Inc., a specialty retailer of furniture, mattresses, home appliances and electronics.
As the likelihood of an economic downturn continues to intensify, public companies across cyclical industries like trucking should be monitored closely.
As the fallout from one of the biggest bankruptcies of 2019 begins to settle, we see that credit and procurement professionals who evaluate risk in public companies as a habitual practice are proving to be the best at avoiding unnecessary exposure.
CreditRiskMonitor’s FRISK® Stress Index shows elevated financial risk within the global steel manufacturing industry, including big-time players in Schmolz + Bickenbach and ArcelorMittal.
Chinese factory activity has contracted for six consecutive months as CreditRiskMonitor observes that there are more than 1,100 public companies showing signs of elevated financial risk across China and Taiwan.
Rite Aid Corporation's elevated risk of financial failure might be imperceptible if a credit and procurement managers put too much stock into whether or not the pharma retail mainstay continues to pay bills on time.
Dining-out traffic trends are showing persistent weakness. If you are working with a restaurant chain that has a weak capital structure, you should implement strategies to reduce risk or otherwise face the possibility of serious financial loss.
Major drug manufacturers Mallinckrodt plc and Endo International plc are financially distressed due to elevated debt and product-related risks. If your company is doing business with these manufacturers, you should evaluate your risk exposure and perform further research.
In 2019, nearly half of the 230 publicly traded Chinese construction companies we cover are financially distressed. If you have exposure to China’s real estate market, we urge you to monitor closely the financial risk potential of your commercial counterparties.
Frontier Communications’ deteriorating business fundamentals have been ongoing for years now, and CreditRiskMonitor’s subscriber crowdsourcing has provided an important high-risk signal in the last few quarters.
