NII Holdings emerged from bankruptcy in 2015, but it looks like this telecommunications operator hasn't made much of a recovery. NII Holdings' FRISK® score declined over the last twelve months which means that its financial health is severely deteriorating. Our proprietary measurement of stock price volatility adjusted for dividends is one unique factor that contributes to NII's high risk rating. But it isn't the only troubling number.
Risk professionals will be able to take a deeper look at the unique capability of the FRISK® score in NII Holdings' High Risk Report. In addition, the report provides financial analysis of NII Holdings over the last 5 quarters, noting the company’s sustained EBIT losses and weak free cash flow. But there's more to this story than that.
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About High Risk Reports
CreditRiskMonitor’s 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.