Floored by this bankruptcy? If you paid attention to Armstrong Flooring, Inc.'s FRISK® score in recent months, you wouldn't have been surprised by their Chapter 11 filing.
Financial risk is never convenient. For popular British bodega proprietor McColl's, we provide a snack-sized breakdown of their recent fall into administration and show how you can spot signs of financial distress using the FRISK® score.
The Russia/Ukraine conflict has pushed oil prices above $100 USD per barrel, further impacting the profitability, or lack thereof, of the airline industry. We identify airlines most at risk of bankruptcy.
Companies have been ramping up efforts in nearshoring their purchased goods from Mexico and Canada while keeping other regions steady. This trend indicates supply chains are focused on dual sourcing and seeking alternative suppliers.
China-based property developer China Aoyuan Group Limited defaulted on its bonds and rating agencies withdrew their ratings in January. Additionally, its auditor resigned. Could the company be on the brink of insolvency?
Oil and gas geosurveying company Ion Geophysical Corporation defaulted on its debt obligations earlier this year and announced forbearance and an amendment extension. The Houston-based company is the latest to fall during a post-COVID-19 energy crisis.
CreditRiskMonitor recently published a High Risk Report on troubled Cooper-Standard Holdings Inc. This detailed report will provide five quick and important facts that you need to know about this OEM auto industry supplier.
CreditRiskMonitor delivers a highly accurate gauge on U.S. public company bankruptcy risk. In 2021, out of 13 occurrences of bankruptcy, our proprietary FRISK® score hit on all 13 bankruptcies. That amounts to a perfect 100% rate of success during that time.
Pump the brakes on credit extension? Sustained demand weakness and cumbersome debt load have us thinking twice about auto parts manufacturer Cooper-Standard Holdings Inc.