When this current benign credit cycle ends, debt losses could approximate $1.2 trillion for public companies. Are you going to wait until your customers and suppliers are bankrupt or are you going to take action now?
Adopting multiple risk management solutions is a commonality among successful credit and procurement managers, and CreditRiskMonitor is the top option for assessing financial risk in public companies.
A contraction in credit is not something that might occur: It will happen at some point. Risk professionals dealing with the chemical manufacturing industry are better off preparing now, while economic conditions are still strong.
Financial risk is very real in public companies. If you're not a CreditRiskMonitor subscriber, you're missing out on the insights from the largest virtual credit group on the planet.
CreditRiskMonitor reported that revenues were $3.48 million and $10.33 million for the three and nine months ended Sept. 30, 2018, respectively, an increase of 2.8% and 3.7% over the comparable periods last year.
Brazil, the eighth-largest economy in the world, has experienced an anemic recovery from its 2014 recession. Amid currently poor business conditions, corporations with high financial risk should be carefully monitored.
U.S.-based mining outfit Westmoreland Coal Company filed for Bankruptcy in Oct. 2018, unable to service it's debt load once loanable collateral had been exhausted.
A contraction in credit is not something that might occur: It will happen at some point. Risk professionals dealing with the technology sector are better off preparing now, while economic conditions are still strong.
Ben Unglesbee of RetailDive leverages CreditRiskMonitor FRISK®️ score data to examine the current financial health of mega retailer Neiman Marcus Group LTD LLC.
Certain residential homebuilders are performing adequately, like PulteGroup, Inc., while others like Hovnanian Enterprises, Inc. remain severely exposed to credit risk.