Kona Grill, Inc.
The news that Kona Grill, Inc. went bankrupt was tough to digest for many risk professionals - but not CreditRiskMonitor subscribers, who would have been aware of the restaurant chain's financial struggles for years.
With a FRISK® score of "1" at the time of their Chapter 11 filing, it was a signal that there was up to a 50% chance of bankruptcy within a 12-month horizon:
This Bankruptcy Case Study will investigate the causes of Kona Grill's financial peril, including a deep dive into quarterly performance and leverage ratios, peer analysis on alternate suppliers and customers, rates of return and much more. It's just a sample of the unique breakdowns our staff can prepare on demand for subscribers to our CreditRiskMonitor services.
Download the free report to learn more.
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.