The FRISK® score routinely identifies zombies across all industries. In fact, total high-risk companies worldwide have increased by nearly 50% since October 2021, which indicates another wave of bankruptcies is on the horizon.
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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.
Tick tock. WeWork Inc. carries over $21 billion in debt and reported $5 billion in net losses in the past year. This real-estate giant with more than 700 property locations worldwide is increasingly distressed.
What are the root causes of the failure of risk models to provide adequate warning? After nearly 25 years of company operation and observation, CreditRiskMonitor® has identified four common problems among competing risk models.
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.
Commercial bankruptcy filings trended higher in 2024, with FRISK® Scored bankruptcies reaching 215 – an increase from 191 in 2023. For eight years, the FRISK® Score demonstrated 96% accuracy in predicting bankruptcy.
With inflation at a 40-year high and interest rate hikes beginning to be implemented, more and more overleveraged companies with sinking FRISK® scores are in greater danger of bankruptcy in 2022.
CreditRiskMonitor's PAYCE® score is providing advanced warning on some high-profile private company bankruptcies already in 2023, with Simmons Bedding Company at the top of the list.
SupplyChainMonitor provides vendor risk assessment and the uncovering of growth opportunities in complex supply chains. EV batteries are just one example.