When the soda machine eats your money, you get frustrated. When a machine vendor like Frigoglass S.A. racks up major debt, creditors must adjust fast before the machine gobbles up millions in extended credit, never repaid in full.
Midwestern coal leader Peabody Energy Corporation is feeling the headwinds of a political and economically progressive shift towards cleaner energy sources like wind, solar, and natural gas. The debt pressure Peabody Energy is under won't produce diamonds, but it may lead to bankruptcy.
The energy sector is slowly working its way back from the severe demand decline in 2020 due to the coronavirus pandemic. Schlumberger N.V. and Seadrill Limited, at different ends of the risk spectrum, are prime examples that underscore the effectiveness of the FRISK® score in keeping an everyday watch on bankruptcy.
Central banks worldwide are suppressing borrowing rates to accommodate credit markets, trying to alleviate financial pressures on corporations. This is creating a surge of "zombie companies," or firms that are staying alive in spite of their inability to service interest expenses.
German-based manufacturer SGL Carbon SE provides carbon fiber materials to various end markets of automotive, wind energy, and aerospace. Despite customers steadily recovering, the company continues to struggle with thin margins and high leverage.
CreditRiskMonitor's President & COO Michael Flum and VP of Client Services Christopher Chach reviewed the year that was and how CreditRiskMonitor subscribers successfully stayed ahead of bankruptcy risk by identifying the rising danger in public companies.