Cosi, Inc. filed for bankruptcy on September 28, 2016. The company owns, operates and franchises restaurants. As of June 27, 2016, there were 74 Company-owned and 30 franchised restaurants operating in 15 states, the District of Columbia, the United Arab Emirates, and Costa Rica.
Our bankruptcy case study shows how CreditRiskMonitor could have alerted you to the signs of failure before it was too late. Download the case study using the "Download" button.
About Bankruptcy Case Studies
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 CreditRiskMonitor’s 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. CreditRiskMonitor's 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.