Watch out! Mike & Jerry examine a phenomenon that, more and more, is haunting the portfolios CreditRiskMonitor clients: "zombie" companies, or firms unable to service their interest expenses. Following record-breaking commercial bankruptcies two years ago in the wake of COVID-19, central banks worldwide intervened to accommodate credit markets and suppress borrowing rates, alleviating financing pressures on corporations. Reaction to one pandemic has arguably given way to another crisis altogether.
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Property development represents about 30% of China’s GDP. Ongoing defaults could eventually convert into bankruptcy filings that would shake up the industry - and subsequently rock markets in the West.
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In 2022, end users are leveraging CreditRiskMonitor’s API to improve workflow efficiency, and communicate reliable, reputable data across their entire teams. This scalable data provides automation for company evaluations to improve credit reviews, cash collections, and minimize receivable write-downs.
Blog Post
… Bottom Line As companies recover from the global COVID-19 pandemic, supplier financial risk has only worsened as …
Supplier financial risk is the source of many recurring, prolonged, and unanticipated supply chain issues that can otherwise be prevented or mitigated - if you're willing to ask a few pertinent questions.
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The Russia/Ukraine conflict has pushed oil prices above $100 USD per barrel, further impacting the profitability, or lack thereof, of the airline industry. We identify airlines most at risk of bankruptcy.
Blog Post
… 11.50% 40% 0.8 4 $273,379,550 5.10% 40% -0.5 3 $219,107,597 4.10% 42% -1.4 2 $106,963,249 2.00% 47% -3.0 1 $16,499,525 0.30% 31% -2.9 Total $5,407,371,193 100.00% 49% 4.2 *All accounts payable figures were … Transportation Utilities North America LATAM EMEA APAC COVID-19 FRISK Score … Blog Post … The Federal Reserve …
The media and financial institutions, including the Federal Reserve, underreport the proliferation of zombie firms, a frightening reality you must not ignore. Learn how you can use the FRISK® score and other CreditRiskMonitor report features to protect your company from bankruptcy-prone zombies.