Weatherford International plc

Weatherford International plc Bankruptcy Case Study
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Risk professionals who did not heed CreditRiskMonitor and strikingly low daily FRISK® scores for Weatherford International plc failed to see it's true bankruptcy potential.

The FRISK® score provides our subscribers an advanced warning system for public company financial distress, predicting bankruptcy risk 12 months out. Since the FRISK® score leverages the information provided by four key metrics – stock market capitalization and volatility, financial ratios, bond agency ratings and crowdsourced CreditRiskMonitor subscriber usage data – it is able to identify that public company risk with 96% accuracy.

For Weatherford, we saw danger for more than a year:

Weatherford International plc FRISK® score
Weatherford International plc's FRISK® score provided a grim forecast of bankruptcy risk for more than a year's time.

In this Bankruptcy Case Study, we take you right into the areas of our subscriber site where you would find the most informative data on Weatherford International plc: not only the FRISK® score, but peer analysis on alternate suppliers and customers, quarterly performance ratios, quarterly leverage ratios and much more. 

Download the free report to learn more.

About Bankruptcy Case Studies

CreditRiskMonitor Bankruptcy Case Studies provide post-filing analyses of public company bankruptcies. Our case studies educate subscribers about methods they can apply to assess bankruptcy risk using CreditRiskMonitor’s proprietary FRISK® score, robust financial database, and timely news alerts.

In nearly every case, a low FRISK® score gave our subscribers early warning of financial distress within a one-year time horizon. CreditRiskMonitor's proprietary FRISK® score predicts bankruptcy risk at public companies with 96% accuracy. The score is formulated by a number of indicators including stock market capitalization and volatility, financial ratios, bond agency ratings from Moody’s, Fitch and DBRS, and crowdsourced behavioral data from a subscriber group that includes 35% of the Fortune 1000 and thousands more worldwide.

Whether you are new to credit analysis or have decades of experience under your belt, CreditRiskMonitor Bankruptcy Case Studies offer unique insights into the business and financial decline that precedes bankruptcy.