Commodities trader Noble Group Limited is in talks with creditors to restructure its debt. Their FRISK® score is in the high-risk "red zone," warning risk professionals of Noble Group's poor financial condition.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how credit manager crowdsourcing play a role.
Department stores have been underperforming, with retailer J. C. Penney among the hardest hit by internet competition. This High Risk Report addresses the retailer's FRISK® score of "1", which signals an elevated degree of corporate financial distress.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. The first of a five-part look at these inputs, here’s how the stock market plays a role.
Toys “R” Us filed for bankruptcy right before the holiday season in 2017 as suppliers began to restrict access to trade credit, setting in motion a liquidity crunch.
Our FRISK® Stress Index indicates that radio broadcasting stations widely remains a high risk industry. U.S.-based Cumulus Media Inc. (Nasdaq: CMLS), which currently holds a worst possible FRISK® score of “1,” is one of the most challenged names.