If you work in the volatile oil and gas industry, not a single day should go by where you do not have a read on corporate credit risk. It could save your company millions in the long run.
Stage Stores Inc. is nearly 10 times more likely to face bankruptcy by this time next summer than the typical public company.
CreditRiskMonitor’s assessment of the U.S./Canadian E&P industry reveals that about two-thirds of operators are financially distressed and have higher-than-average risk of bankruptcy.
CreditRiskMonitor currently estimates that financial losses stemming from U.S. public company bankruptcies alone will be in excess of $1.1 trillion, a greater figure than what was lost during the Great Recession.
The global economy appears to have deteriorated in a significant way during 2019 given the trends in negative yielding debt.
For Apple, providing capital support to its supply chain is an option, but for most companies bailing out critical suppliers is not financially feasible, let alone an option on the table. Is your supply chain secure?
D&B’s "Bankruptcy: Why the Surprise?" whitepaper shows that their popular PAYDEX® score misleads trade creditors on public company bankruptcy risk.
For J. C. Penney Company, Inc., CreditRiskMonitor's proprietary subscriber crowdsourcing is indicating negative sentiment and matches the high-risk assessment of the retail giant provided by the FRISK® score.
In a highly interconnected world, large financially distressed companies like Spain's Obrascon Huarte Lain can pose far-reaching risks.
The offshore oil and gas market remains widely depressed. Troubled outfit Hornbeck Offshore Services, Inc. has fallen to a FRISK® score of “1,” which indicates severe financial distress.
Brexit uncertainty has broadly reduced business confidence in the U.K. and future operating performance may be affected, regardless of which way the final Brexit decision goes.
More than a decade after the Great Recession, the reality remains that as patterns of credit cycles are historically predictable, you can't ever let your guard down as a financial risk assessor.