Early warnings about businesses showing high levels of financial distress
Our High Risk Reports feature companies that are exhibiting a significantly high level of financial distress, as indicated by our proprietary FRISK® score.
The reports highlight the factors that have pushed a company's score lower on the "1" (worst) to "10" (best) FRISK® score, which is 96% accurate in predicting bankruptcy over a 12-month period. The High Risk Reports also includes analysis on financial indicators such as the company’s DBT index, stock performance, financial ratios and how it is performing relative to its industry peers.
The ultimate goal of the High Risk Report series is two-part: provide an early warning for those doing business with an increasingly distressed company and inform of the many signals that should be examined when assessing financial risks.
High Risk Report
International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.
International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.
Shut down the showroom? Iconic luxury auto manufacturer Aston Martin has seen sales collapse and losses mount in a turbulent year that was overshadowed by management change and the coronavirus pandemic.
Shut down the showroom? Iconic luxury auto manufacturer Aston Martin has seen sales collapse and losses mount in a turbulent year that was overshadowed by management change and the coronavirus pandemic.
China-based property developer Tahoe Group is providing evidence that the real estate bubble has resulted in ballooning inventories and distorted balance sheets, leaving less capitalized peers to struggle in an overly distended industry.
China-based property developer Tahoe Group is providing evidence that the real estate bubble has resulted in ballooning inventories and distorted balance sheets, leaving less capitalized peers to struggle in an overly distended industry.
Are the Rockies tapped? According to our FRISK® score, Denver-based natural gas giant HighPoint Resources Corporation is showing signs of major financial duress.
Metallurgical and thermal coal producer Contura Energy Inc. emerged from Chapter 11 in late 2018. Two years later, challenges presented by COVID-19 might soon put the company back into bankruptcy court.
More and more, it looks like until the COVID-19 pandemic dies down, creditors should keep a close eye on Europcar Mobility Group SA. The Parisian rental car company's finances are stalling out.
Once you take a look at the FRISK® score, we'll bet you'll think twice about the gamble of extending credit to a company like Greek gaming giant Intralot Integrated Lottery.
If you haven't seen big bankruptcy risk within Destination XL Group, Inc. yet, you need to look at the FRISK® score. Otherwise, avoiding a huge write-down will be a tall order.
If you haven't seen big bankruptcy risk within Destination XL Group, Inc. yet, you need to look at the FRISK® score. Otherwise, avoiding a huge write-down will be a tall order.
Peril in Paris: Air France-KLM SA is facing a mighty headwind now with the COVID-19 pandemic raging. The airliner's FRISK® score has dipped throughout 2020.