CreditRiskMonitor has looked at the data and we believe American dairy giant Dean Foods Company may be nearing its expiration date.
The parent company of the DairyPure and TruMoo milk brands, Dean Foods has been on our radar for quite some time and now we see that the dairy giant's FRISK® score has dropped to a "1," indicating that the company has up to a 50% chance of bankruptcy within the next 12 months:
In this High Risk Report, we give an-depth look at where it's gone sour for Dean Foods - from significant erosion of their working capital, to their inability to generate positive returns and all relevant data points within. Further, we lay out what your next steps should be to avoid unnecessary exposure while there's still time to take proper action.
Download the free report to learn more.
Our FRISK® score model incorporates four powerful risk inputs:
- “Merton”-type model of stock market capitalization and volatility
- Financial ratios, including those used in the Altman Z”-Score Model
- Bond agency ratings from Fitch, Moody's, and DBRS Morningstar
- Website click pattern data from CreditRiskMonitor® subscribers, representing key credit decision-makers at nearly 40% of current Fortune 1000 companies plus thousands of other large companies worldwide
Since the start of 2017, the FRISK® score’s rate of success in capturing public company bankruptcy is 96%. In any given year, you can count on one hand the times we miss – and in those outlier cases, the circumstances deal with unusual, unforeseen events such as natural disasters and CEO fraud.
Download the free report to learn more.
About High Risk Reports
Our High Risk Reports feature companies that are exhibiting a significantly high level of financial distress, as indicated by our proprietary FRISK® score.
The reports highlight the factors that have pushed a company's score lower on the "1" (worst) to "10" (best) FRISK® score, which is 96% accurate in predicting bankruptcy over a 12-month period. The High Risk Reports also includes analysis on financial indicators such as the company’s DBT index, stock performance, financial ratios and how it is performing relative to its industry peers.
The ultimate goal of the High Risk Report series is two-part: provide an early warning for those doing business with an increasingly distressed company and inform of the many signals that should be examined when assessing financial risks.