For grocery stores, suppliers and lenders often have the most risk exposure. Tops Holdings and Southeastern Grocers filed for Chapter 11 bankruptcy restructuring in early 2018, largely as a result of their heavy debt burdens.
Houston-based Parker Drilling Company's FRISK® score is sinking deeper into the "red zone," signaling acute financial risk for this oil & gas services operator.
Lidia Ryan of The Register Citizen, a Connecticut-based newspaper, cites CreditRiskMonitor FRISK® score figures into this report about major retail chains at risk of bankruptcy.
Julia Melcher of Style Democracy looks at major retailers with CreditRiskMonitor FRISK® scores of "2" and below, indicating heightened bankruptcy risk for those companies in 2018.
Daphne Howland of Retail Dive reports on the recent store closings of specialty retailer General Nutrition Center (GNC), citing CreditRiskMonitor's FRISK® score as a reliable measure for predicting public company bankruptcy risk.
Using the CreditRiskMonitor's FRISK® score as his main barometer, Ben Unglesbee of Retail Dive looks at a dozen retailers at risk for bankruptcy this year.
California-based biopharmaceutical company Orexigen Therapeutics, Inc. failed to pass our FRISK® score inspection for years, ultimately filing for bankruptcy in early 2018.
Finances seem not to compute these days for California-based tech solutions provider Quantum Corporation, now at heightened risk of bankruptcy in 2018.