Volatile commodity prices and rising interest rates were a challenge for operators in the energy sector in 2018, and things looks to be even more dangerous in the years to come.
A look at our FRISK® Stress Index shows that there are more than 30 large-scale public companies within the restaurant industry at heightened risk of bankruptcy in 2019.
Knowledge of how and when to react to a business defaulting is essential; cutting ties with a customer or supplier too soon could lead to a missed sales opportunity, while being too late can result in financial loss.
CreditRiskMonitor takes a look back at the biggest bankruptcies of 2018 and the advanced Intel we provided our subscribers about companies before their Chapter 11 filings, headlined by the Sears Holdings Corporation.
Anchored off the United States' Gulf Coast Basin, PetroQuest Energy, Inc. could not further weather steep drops in sales and working capital, which in large part led to their bankruptcy.
Ohio-based chemical giant Hexion, Inc. has seen it's FRISK® score stay sunk at a bottom-dwelling "1" for more than two years, indicating tremendous potential bankruptcy risk.
Thermal coal seller Cloud Peak Energy, Inc. is under intense, increasing financial stress as highlighted by our proprietary FRISK® score.
CreditRiskMonitor’s proprietary FRISK® score for auto giant Tesla, Inc., in part powered by subscriber crowdsourcing, has persistently signaled an elevated level of financial risk.
AutoCanada Inc.'s heavy leverage has put the company in potential danger. As interest rates rise in both Canada and the U.S., expected softer sales and higher costs will make it much harder for the company to remain solvent in 2019.
Roadrunner Transportation Systems, Inc. generates more than $2 billion in annual sales – yet in a growing trucking industry, CreditRiskMonitor subscriber crowdsourcing provides us a key warning signal that the company may be headed towards a breakdown.
When this current benign credit cycle ends, debt losses could approximate $1.2 trillion for public companies. Are you going to wait until your customers and suppliers are bankrupt or are you going to take action now?
Thousands of private companies go bankrupt every year. It’s important to identify those risky companies before they file, particularly if they are your largest customers or suppliers.