Instead of looking into the past with payment history to gauge danger potential in counterparties, you need to be looking forward with CreditRiskMonitor’s predictive financial risk analytics.
CreditRiskMonitor Warning: Extending credit to tobacco purchasing company Pyxus International, Inc. going forward may be hazardous to your company's health.
Leveraging AI for accurate private company bankruptcy risk assessment, we have been successful in predicting 70% of bankruptcies thus far in 2019 (Q1 through Q3) with the PAYCE® score.
Rite Aid Corporation's elevated risk of financial failure might be imperceptible if a credit and procurement managers put too much stock into whether or not the pharma retail mainstay continues to pay bills on time.
RetailDive recently set out to compile a list of distressed retailers at risk of bankruptcy, using data provided by CreditRiskMonitor's proprietary FRISK® score. In this podcast, author Ben Unglesbee discusses his findings in advance of the 2019 holiday season.
CreditRiskMonitor announced that its Board of Directors today declared a dividend of $0.05 per outstanding share of its common stock. Additionally, the Board elected Michael Flum as SVP and COO and Jonathan Levy as SVP, Secretary and General Counsel.
Dining-out traffic trends are showing persistent weakness. If you are working with a restaurant chain that has a weak capital structure, you should implement strategies to reduce risk or otherwise face the possibility of serious financial loss.
Nearly 30% of publicly traded companies worldwide are already trending in the FRISK® red zone, indicating heightened bankruptcy risk - and as recession whispers intensify, every day you delay taking action could cost you and your company dearly.
Canadian oil & gas titan Bellatrix Exploration Ltd. suffered under the weight of tremendous debt, keeping their FRISK® score pinned down before eventual bankruptcy.
Major drug manufacturers Mallinckrodt plc and Endo International plc are financially distressed due to elevated debt and product-related risks. If your company is doing business with these manufacturers, you should evaluate your risk exposure and perform further research.
Our subscribers who had global travel giant Thomas Cook Group plc in their portfolios as the company's debt soared and working capital eroded were provided ample time to sidestep financial risk thanks to the FRISK® score.
Popular drugstore retailer Rite Aid Corporation's heightened bankruptcy risk coincides with one-time competitor Walgreens swooping in and converting brick-and-mortar stores to their own brand and system.