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.
Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 70% of bankruptcies thus far in 2019 with the PAYCE® score.
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?
TTM Technologies, Inc.'s Director of Credit Kyle Midgal shares trade with CreditRiskMonitor. The benefits in doing so have been extraordinary for his business.
A recent high-profile bankruptcy within telecom provides a golden example of how reliance on payment data in assessing risk within public companies is foolhardy.
In-flight WiFi provider Gogo Inc. is in danger of being grounded by a steep year-over-year cash balance decline and the inability to generate any positive returns.
Telecom leader Windstream Holdings, Inc. paid their bills on time right up to their bankruptcy filing – while payment data analysis missed their troubles, the FRISK® score noted their elevated risk level for years.
Over the last two completed calendar years, CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a near 98% rate of success.
Brazil, the eighth-largest economy in the world, has experienced an anemic recovery from its 2014 recession. Amid currently poor business conditions, corporations with high financial risk should be carefully monitored.
A contraction in credit is not something that might occur: It will happen at some point. Risk professionals dealing with the technology sector are better off preparing now, while economic conditions are still strong.