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Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 71% of bankruptcies in 2021 with the PAYCE® score.

CreditRiskMonitor delivers a highly accurate gauge on U.S. public company bankruptcy risk. In 2021, out of 13 occurrences of bankruptcy, our proprietary FRISK® score hit on all 13 bankruptcies. That amounts to a perfect 100% rate of success during that time.

Houston-based Blue Dolphin Energy has defaulted on its debt obligations and is having difficulty paying its suppliers. The company also disclosed going concern opinion and carries the material risk of filing bankruptcy.

Multiple regulation violations in the securities market coupled with the bizarre departure of company chairman Jianming Zhou were among the deathblows for Chinese polymer producer Jiangsu Dewei, who filed for Chapter 15 bankruptcy just before the new year.

With an enduring COVID-19 pandemic both weakening crude oil prices globally and sinking their revenue, Basic Energy Services, Inc. has opted for bankruptcy protection for the second time in five years.

Canadian metal miner Taseko Mines Limited is quickly losing its luster with persistently weak financials. Can the company dig itself out of debt? We're skeptical.

After filing for bankruptcy in 2016, steelmaker Altos Hornos de Mexico SAB de CV is once again facing financial distress despite constructive economic factors that have buoyed market prices.

CreditRiskMonitor delivers a highly accurate gauge on U.S. public company bankruptcy risk. In 2020, out of 85 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting two bankruptcies. That amounts to a 97% rate of success during that time.

Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 79% of bankruptcies in 2020 with the PAYCE® score.