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Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.

Bankruptcy Case Study
Bankruptcy Cenveo

Cenveo, Inc.

… late 2017 for the U.S. printing and publishing industries. Financial counterparties of Cenveo were warned of its extreme financial distress with its persistently low FRISK score of … model of CreditRiskMonitor that measures company financial distress up to and including bankruptcy with 96% …

Stop the presses: U.S. printing mainstay Cenveo, Inc. met bankruptcy in early 2018. Our subscribers were well aware of Cenveo's troubles for more than a year, however, thanks to the FRISK® score and our crowdsourced behavioral data.

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TreasuryProcurementCreditIndustrialsNorth AmericaFRISK Score
Press Release
CRMZ Press Release Thumb image

CreditRiskMonitor Announces Second Quarter Results

… risk monitoring. Feedback on our new Confidential Financial Statements Solution has been strongly positive, … to validate its product-market fit for addressing the financial risk of unscored private companies in both trade … confirmation that the product addresses prospects’ need for financial risk analysis and continuing monitoring of …

CreditRiskMonitor reported operating revenues of $4.9 million, an increase of approximately $251 thousand or 5%, for the second quarter of fiscal 2024 compared to the same period of fiscal 2023. 

Press Release
CreditRiskMonitor Announces Transition of its Chief Financial Officer
CreditRiskMonitor Announces Transition of its Chief Financial Officer

CreditRiskMonitor Announces Transition of its Chief Financial Officer

… CreditRiskMonitor Announces Transition of its Chief Financial Officer VALLEY COTTAGE, N.Y. - Mar. 9, 2020 - … that Lawrence Fensterstock, Senior Vice President and Chief Financial Officer, has informed the Board of Directors of … ensure an orderly transition, he will be resigning as Chief Financial Officer as of the close of business on Mar. 31, …

CreditRiskMonitor announced that Lawrence Fensterstock, Senior Vice President and Chief Financial Officer, has informed the Board of Directors of his intention to retire effective June 30, 2020.

Brochure
CreditRiskMonitor delivers a highly accurate gauge of U.S. public company bankruptcy risk. During the preceding three calendar years from 2020 to 2022, out of 352 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting 17 bankruptcies. That amounts to a 96% rate of success during that time.
CreditRiskMonitor delivers a highly accurate gauge of U.S. public company bankruptcy risk. During the preceding three calendar years from 2020 to 2022, out of 352 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting 17 bankruptcies. That amounts to a 96% rate of success during that time.

FRISK® Stress Index Brochure

… The index: Provides an immediate snapshot of the overall financial stress of a group of companies, and compares it to … in major industries and countries around the world Shows financial stress trends and levels from 2007 to today Provides a reliable, fact-based assessment of financial risk, updated daily The index is based on the same …

The new FRISK® Stress Index is a fast, powerful way to see risk levels of industries, countries or your portfolio.

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CreditTreasuryProcurement
Bankruptcy Case Study
Man on a laptop

Tintri, Inc.

… late 2017, our FRISK score indicated that the operator was financially distressed and had an elevated probability of … subscriber crowdsourcing was a factor that helped identify financial trouble at this company. Our subscribers' unique … of heightened concern and increased risk. Other important financial factors are also addressed, including the …

Cloud management services provider Tintri, Inc.'s elevated bankruptcy risk was signaled well in advance by our proprietary FRISK® score.

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TreasuryProcurementCreditTechnologyNorth AmericaFRISK Score
Brochure
Crowdsourcing

CreditRiskMonitor Crowdsourcing Overview

… thousands more at large corporations worldwide? Obtaining financial insight on a publicly-traded company prior to … credit managers, whose job is to assess a public company's financial health. Crowdsourcing is an extremely important - …

By tracking the behavior of credit managers and other professionals, crowdsourcing becomes the critical advantage that CreditRiskMonitor subscribers gain.

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TreasuryProcurementCredit
Bankruptcy Case Study
The bankruptcy of NewAge, Inc. is proof that just because a high-profile corporation consistently pays its bills on time does not mean that the company is healthy financially.
The bankruptcy of NewAge, Inc. is proof that just because a high-profile corporation consistently pays its bills on time does not mean that the company is healthy financially.

NewAge, Inc.

… bill payment by a public company is not indicative of true financial health. The Utah-based corporation's FRISK score stood at a "2" at bankruptcy, indicating severe financial stress: Image … The Chapter 11 filing of wellness … bill payment by a public company is not indicative of true financial health. … Bankruptcy Case Study … NewAge, Inc. …

The Chapter 11 filing of wellness supplement giant NewAge, Inc. is a classic case showing that on-time bill payment by a public company is not indicative of true financial health.

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CreditTreasuryConsumer Non-CyclicalNorth AmericaFRISK Score
White Paper
Updating CreditRiskMonitor’s CFS model has led to higher capture rates of bankruptcy in private companies, with a remarkable upward spike in captures on applicable companies with lower FRISK® scores.
Updating CreditRiskMonitor’s CFS model has led to higher capture rates of bankruptcy in private companies, with a remarkable upward spike in captures on applicable companies with lower FRISK® scores.

CreditRiskMonitor’s New Confidential Financial Statement (CFS) Model

… CreditRiskMonitor’s New Confidential Financial Statement (CFS) Model Updating CreditRiskMonitor’s Confidential Financial Statement Service (CFS) Risk Model has led to … white paper. … Updating CreditRiskMonitor’s Confidential Financial Statement Service (CFS) Risk Model has led to …

Updating CreditRiskMonitor’s Confidential Financial Statement Service (CFS) Risk Model has led to higher capture rates of bankruptcy in private companies, with a remarkable upward spike in captures on applicable companies with lower FRISK® scores.

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FRISK ScorePAYCE ScoreCreditTreasuryFinancialIndustrialsUtilitiesTransportationTechnologyRetailHealthcareEnergyConsumer CyclicalConsumer Non-CyclicalBasic Materials
High Risk Report
Black Box High risk report

Black Box Corporation

… to Black Box Corporation's currently distressed financial state. The tech company's financials compared to its peers are particularly telling. …

Black Box Corporation is a high-risk operator in the communications services industry, as denoted by its low FRISK® score of "2."