A recent high-profile bankruptcy within telecom provides a golden example of how reliance on payment data in assessing risk within public companies is foolhardy.
In-flight WiFi provider Gogo Inc. is in danger of being grounded by a steep year-over-year cash balance decline and the inability to generate any positive returns.
Telecom leader Windstream Holdings, Inc. paid their bills on time right up to their bankruptcy filing – while payment data analysis missed their troubles, the FRISK® score noted their elevated risk level for years.
Over the last two completed calendar years, CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a near 98% rate of success.
Brazil, the eighth-largest economy in the world, has experienced an anemic recovery from its 2014 recession. Amid currently poor business conditions, corporations with high financial risk should be carefully monitored.
A contraction in credit is not something that might occur: It will happen at some point. Risk professionals dealing with the technology sector are better off preparing now, while economic conditions are still strong.
Turkey has shown extremely high inflation and a steep current account deficit - and creditors who deal with business from Istanbul to Antalya should take heed.
Windstream Holdings, Inc.'s FRISK® score is signaling financial stress, and subscriber crowdsourcing specifically shows that risk professionals have been on high alert for nearly a year.
Cloud management services provider Tintri, Inc.'s elevated bankruptcy risk was signaled well in advance by our proprietary FRISK® score.
Fostering holistic account management with CreditRiskMonitor, Anixter International, Inc. Senior Director of Global Account Management Natalia Reed guides major players within a $7.6 billion company.
Journalist Kelly Hill of RCR Wireless, provider of wireless and mobile industry news, cites CreditRiskMonitor's Radisys Corporation High Risk Report in her coverage of India-based Reliance Industries' July 2018 purchase of struggling Radisys.
India is an attractive market to penetrate due to its low operating costs and a diverse selection of companies in hot industries like technology - but with more than 1,000 public companies in the FRISK® "red zone," there's big-time risk in bringing business east.