The Federal Reserve recently voiced concerns about excessive corporate financial leverage - and risk management departments need to take heed.
Scientific Games' high leverage, elevated investment needs, cyclical business risk and recent penchant for extending credit to customers are all issues which necessitate a more sophisticated level of monitoring.
A steep decline in working capital and a skyrocketing total debt-to-EBITDA fuels our suspicion that Ferrellgas Partners, L.P. might be heading towards bankruptcy in the coming year.
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.
CPI Card Group, Inc. has seen it's FRISK® score flatline for 12 consecutive months as persistent negative net worth suggests loanable collateral has been exhausted.
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.
This Bankruptcy Case Study shows that Parker Drilling Company was choked by more than a half a billion dollars in debt in 2018, never rising above a FRISK® score of "1."
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.
While many missed the warning signs for Aegean Marine Petroleum Network, Inc.'s bankruptcy in November 2018, the FRISK® score's daily calculation of the company's risk revealed sobering truths.
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.