In a highly interconnected world, large financially distressed companies like Spain's Obrascon Huarte Lain can pose far-reaching risks.
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CreditRiskMonitor’s FRISK® Stress Index shows elevated financial risk within the global steel manufacturing industry, including big-time players in Schmolz + Bickenbach and ArcelorMittal.
Sanctions have delivered significant financial stress to the Russian government and corporations alike. Overall, many Russian companies have dropped into – or have sunk further down into – the FRISK® score red zone, indicating heightened financial stress and corporate failure risk.
CreditRiskMonitor takes a look back at the biggest bankruptcies of 2018 and the advanced Intel we provided our subscribers about companies before their Chapter 11 filings, headlined by the Sears Holdings Corporation.
With economies around the world on the brink of recession, or already in one, any professional monitoring financial risk needs to establish proper oversight now before commercial bankruptcies wreak greater havoc upon their portfolio.
In 2021, total liabilities from public company bankruptcies approached $77 billion, delivering formidable material losses to creditors and major disruptions to global supply chains.
The global effort to slow the spread of COVID-19 continues to impact all economic regions and industries. Risk professionals must adapt quickly or risk being sideswiped by the rise in bankruptcies.
Apparel retailers have required significant adjustments to handle their financial leverage and operating lease commitments. Brooks Brothers and Tailored Brands, in particular, fell prey to slowing demand for professional business attire, a trend which was accelerated by the coronavirus pandemic.
Here's a list of the 10 largest energy industry failures since 2013, as well as some of the riskiest companies that CreditRiskMonitor covers today. These companies should be watched closely as the current oil and natural gas price cycle continues to run its course.