Online automotive retailer Carvana is rapidly burning through cash and sought out private equity financing as banks were unwilling to carry the risk. Before you extend credit, you may want to pump the brakes.
Resources
Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
Bellatrix Exploration Ltd., an oil & gas giant based in the Canadian Rockies, is battling mountainous debt obligations and interest payments.
Will massive accrued debts soon take Salem Media Group, Inc. off the air and into bankruptcy court? If you want the lowdown on the financial peril this major media conglomerate is facing, tune into this High Risk Report.
Alas, bankruptcy was the best fit for Sequential Brands Group, Inc., owner of Jessica Simpson, Joe's Jeans, And1, Avia, and other apparel brands. The company filed for Chapter 11 protection after failing to comply with the amended credit agreement.
Aerospace leader Team, Inc.'s debt load has spiked into the stratosphere. As company leadership is concurrently in upheaval, is bankruptcy also written in the stars?
No other financial risk service drills deeper than CreditRiskMonitor to find bankruptcy potential in major corporations. These days, we have our eye on Houston-based oil company KLX Energy Services Holdings, Inc.
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.
Time is running out for health retailer GNC Holdings, Inc. to shape up. The popular house of nutrition is suffering mightily under the weight of debt.
CreditRiskMonitor reported operating revenues of $4.6 million, an increase of approximately $253 thousand or 6%, for the three months ended March 31, 2023, as compared to the first quarter of fiscal 2022.