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.
Spanish construction and engineering company Obrascon Huarte Lain SA has a FRISK® score of "1," indicating heightened risk of failure and a need for professionals to monitor the organization closely.
Pennsylvania-based Consol Energy Inc.'s financial suffering appears out of line with the coal industry at large. What challenges await them in avoid bankruptcy?
Pennsylvania-based CONSOL Energy Inc.'s financial suffering appears out of line with the coal industry at large. What challenges await them in avoiding bankruptcy?
South African retailer Steinhoff is battling the fallout from a massive accounting fraud and facing legal claims amounting to more than $10 billion USD. Couple that with the overall industry deline due to coronavirus and bankruptcy could be very near.
Independent oil and natural gas exploration leader California Resources Corporation has seen its FRISK® score bottom out. The time has come for trade creditors to pay close attention.
Our FRISK® score is the engine that powers public company bankruptcy risk avoidance. With that in mind, we look at Briggs & Stratton and we see the potential for failure.
No Fly Zone? Triumph Group, Inc.'s fight to stave off bankruptcy will be a major item to watch for counterparties and shareholders alike in the coming months.
Video and sound solutions leader Technicolor SA, based out of France, has seen its FRISK® score gradually slide all the way down to a "1." Is bankruptcy about to shut down production?
High Risk in the Heartland? Oklahoma City-based Chesapeake Energy Corporation is in a bad way as oil and gas bankruptcies have ratcheted up in recent months. Will they be next?