Join CreditRiskMonitor's President & COO Michael Flum and VP of Client Services Christopher Chach to review the year that was and how CreditRiskMonitor subscribers successfully stayed ahead of bankruptcy risk by identifying the rising danger in public companies.
CreditRiskMonitor's President & COO Michael Flum and Sr. VP of Data Science Dr. Camilo Gomez take a look back at the volatile year that was in 2020 and how the FRISK® score was instrumental in making financial risk evaluators aware of potential bankruptcies far earlier than by using other models.
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.
CreditRiskMonitor delivers a highly accurate gauge on U.S. public company bankruptcy risk. In 2020, out of 85 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting two bankruptcies. That amounts to a 97% rate of success during that time.
International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.
Shut down the showroom? Iconic luxury auto manufacturer Aston Martin has seen sales collapse and losses mount in a turbulent year that was overshadowed by management change and the coronavirus pandemic.
China-based property developer Tahoe Group is providing evidence that the real estate bubble has resulted in ballooning inventories and distorted balance sheets, leaving less capitalized peers to struggle in an overly distended industry.