No two public companies are cut from the exact same cloth, yet the telltale signs of potential bankruptcy shown by craft retailer JOANN Inc. are universal: lots of leverage, recurring net losses, and negative free cash flow.
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The end credits have rolled for Cineworld Group plc, a global movie theater icon toppled by high leverage, debt, and a changing post-pandemic consumer environment.
Checked out: A heavy debt load and recurring net losses were major factors in Rite Aid Corporation's prolonged descent into bankruptcy.
Chemical products manufacturer Venator Materials PLC is facing major headwinds in low product demand and high material and energy costs. Could the once-powerful British company be nearing an administration filing?
Are the Rockies tapped? According to our FRISK® score, Denver-based natural gas giant HighPoint Resources Corporation is showing signs of major financial duress.
Pump the brakes on credit extension? Sustained demand weakness and cumbersome debt load have us thinking twice about auto parts manufacturer Cooper-Standard Holdings Inc.
Adios, Grupo Posadas. COVID-19 and government-mandated lockdowns in Mexico strained the popular hotel operator's liquidity to the point of bankruptcy.
CreditRiskMonitor reported that revenues for the year ended Dec. 31, 2020 increased to $15.7 million, up 8% from $14.5 million in 2019.
CreditRiskMonitor® is pleased to announce it has been named to the 2023 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.