Resources

As the fallout from one of the biggest bankruptcies of 2019 begins to settle, we see that credit and procurement professionals who evaluate risk in public companies as a habitual practice are proving to be the best at avoiding unnecessary exposure.

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.

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.

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.

Public company financial risk is higher than it has ever been, and the weakest links in your supply chain may lead to costly, time-consuming problems.

Frontier Communications’ deteriorating business fundamentals have been ongoing for years now, and CreditRiskMonitor’s subscriber crowdsourcing has provided an important high-risk signal in the last few quarters.