Beauty is only skin deep. Thanks to our FRISK® score, we were able to identify cosmetics icon Revlon, Inc. as an increasingly risky bet to stave off bankruptcy in 2018.
Read in-depth how crowdsourcing the wisdom of our uniquely positioned subscribers has enabled a significant enhancement of the CreditRiskMonitor FRISK® score, more accurately predicting corporate financial stress.
Bankruptcy risk is a specific area procurement professionals should focus upon when evaluating publicly held suppliers’ financial performance – especially given the effect of competitive pressures on corporate margins and daily news stories about growing levels of global debt.
Crowdsourcing finds that hundreds of oil & gas companies continue to deal with financial distress in spite of the stabilization of energy commodity prices.
Windstream Holdings, Inc., is trending in the high-risk FRISK® "red zone," which is, in part, a reflection of its cumbersome debt load. But that's not the only trouble spot for this telecom provider.
Standard & Poor’s recently released a list of retailers that it believes to be at the highest risk of default over the course of 2018. The retail industry is changing quickly, and it’s important to separate the operators that have kept themselves in good financial stead versus the ones which have not.
Credit professionals relied upon CreditRiskMonitor’s High Risk Reports to stay several steps ahead of failure, as 2017 was full of high-profile bankruptcy cases in the corporate world which were well-known to subscribers before they hit.
Denbury Resources’ high risk status was determined by multiple factors, including subscriber crowdsourcing, which is proprietary information collected and used by CreditRiskMonitor.