CreditRiskMonitor® reported operating revenues of $4.45 million, an increase of approximately $202 thousand or 5%, for the three months ended June 30, 2022, as compared to the second quarter of fiscal 2021.
Based on financial risk data and scoring from SupplyChainMonitor™, our clients that are semiconductor buyers are being advised to seek out “just-in-case” scenarios to mitigate such risks in the years ahead.
Corporate debt has become the riskiest area of the global economy, producing an army of zombie companies worldwide. Revlon, Inc.'s fall from grace might present the most evident cautionary tale for suppliers and unsecured creditors to take action on companies with an annualized interest coverage ratio of 1 or less.
In this episode, Mike & Jerry take a deeper look into the recent Chapter 11 filing of Revlon, Inc., and how the market movements of the last several months brought about this longtime cosmetics kingpin's ultimate reckoning. More importantly: which major public companies also seem primed to fall, and how do you parry bankruptcy danger in your portfolio?
Risk professionals like yourself are preparing for another economic downturn and our API will enhance your workflows. This scalable data provides automation for supply chain analysis, reviewing prospective vendors, and RFP processes.
Scandinavian airliner SAS AB has been grounded by bankruptcy, toiling for many months on a tightrope due to massive debt and a global COVID-19 pandemic which cut deep into their revenue in recent years.
CEOCFO Magazine recently spent some time with CreditRiskMonitor® President & COO, Mike Flum, to learn about our company and the treacherous landscape both credit and procurement risk evaluators are traversing in this age of rising debt, inflation, and interest rates the world over
In this episode, Mike & Jerry have fun being flocked by models -- financial risk prediction models, that is. Our guys take a deeper look into predictive versus descriptive scores, within which scenarios they're best applied when considering bankruptcy, and then explain a unique knowledge advantage afforded exclusively to CreditRiskMonitor® subscribers: crowdsourcing.
CreditRiskMonitor® offers up five quick and important facts that you need to know about Revlon, Inc. to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
In 2022, end users are leveraging CreditRiskMonitor®’s API to improve workflow efficiency, and communicate reliable, reputable data across their entire teams. This scalable data provides automation for company evaluations to improve credit reviews, cash collections, and minimize receivable write-downs.