Bankruptcy Case Studies

Post-filing analyses of recent bankruptcies

Gain unique insights into the business and financial decline that precedes bankruptcy - and how our solutions can help predict bankruptcy amongst your company's counterparties.

CreditRiskMonitor® Bankruptcy Case Studies provide post-filing analyses of public company bankruptcies. Our case studies educate subscribers about methods they can apply to assess bankruptcy risk using our proprietary FRISK® score, robust financial database, and timely news alerts.

In nearly every case, a low FRISK® score gave our subscribers early warning of financial distress within a one-year time horizon. Our proprietary FRISK® score predicts bankruptcy risk at public companies with 96% accuracy. The score is formulated by a number of indicators including stock market capitalization and volatility, financial ratios, bond agency ratings from Moody’s, Fitch and DBRS, and crowdsourced behavioral data from a subscriber group that includes 35% of the Fortune 1000 and thousands more worldwide.

Whether you are new to credit analysis or have decades of experience under your belt, CreditRiskMonitor® Bankruptcy Case Studies offer unique insights into the business and financial decline that precedes bankruptcy.

Bankruptcy Case Study
CreditRiskMonitor

Cash-strapped home goods retailer Bed Bath & Beyond is now bankrupt, capping one of the craziest documented descents into Chapter 11 seen by our clients in some time.

Bankruptcy Case Study
CreditRiskMonitor

Highly leveraged Lucira Health, Inc., maker of at-home COVID-19 and flu tests, went bankrupt after pandemic restrictions universally eased and demand for company wares subsequently plummeted.

Bankruptcy Case Study
CreditRiskMonitor

Bankruptcy has come for Tuesday Morning Corporation, the once-popular off-price retailer that buckled after lenders put the kibosh on the company’s ability to borrow additional money to finance operations.

Bankruptcy Case Study
CreditRiskMonitor

For the second time in six years, Avaya Holdings Corporation is filing for bankruptcy protection. The multinational tech firm struggled to hit earnings targets in 2022 as it continues to fully convert its business model to the cloud.

Bankruptcy Case Study
CreditRiskMonitor

The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.

Bankruptcy Case Study
CreditRiskMonitor

Clovis Oncology, Inc. has filed for bankruptcy due to the combination of poor sales tied to its cancer drug, Rubraca, and a significant debt load.

Bankruptcy Case Study
CreditRiskMonitor

The end credits have rolled for Cineworld Group plc, a global movie theater icon toppled by high leverage, debt, and a changing post-pandemic consumer environment.

Bankruptcy Case Study
CreditRiskMonitor

The Chapter 11 filing of wellness supplement giant NewAge, Inc. is a classic case showing that on-time bill payment by a public company is not indicative of true financial health.

Bankruptcy Case Study
CreditRiskMonitor

Irish pharmaceutical company Endo International plc struggled underneath an onerous $8 billion debt load before their eventual bankruptcy filing in the U.S.

Bankruptcy Case Study
CreditRiskMonitor

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.

Bankruptcy Case Study
CreditRiskMonitor

American cosmetics giant Revlon, Inc. hit bankruptcy after years of poor C-Suite stewardship and a seemingly all-or-nothing bet on the perpetual survival of brick-and-mortar department stores. We investigate a long descent into Chapter 11.

Bankruptcy Case Study
CreditRiskMonitor

Floored by this bankruptcy? If you paid attention to Armstrong Flooring, Inc.'s FRISK® score in recent months, you wouldn't have been surprised by their Chapter 11 filing.

More CreditRiskMonitor® Resources