No other financial risk service drills deeper than CreditRiskMonitor to find bankruptcy potential in major corporations. These days, we have our eye on Houston-based oil company KLX Energy Services Holdings, Inc.
CreditRiskMonitor offers up five quick and important facts that you need to know about Peabody Energy Corporation right now to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
Burn, baby, burn. We spotlight some nameworthy players in the energy and retail sectors who have been burning through cash and racking up debt in order to outrun the economic downturn brought on by the COVID-19 pandemic.
After filing for bankruptcy in 2016, steelmaker Altos Hornos de Mexico SAB de CV is once again facing financial distress despite constructive economic factors that have buoyed market prices.
Public company bankruptcies soared in 2020, and filings continue to roll in as fallout from COVID-19. Here are five of the most notable Chapter 11 cases we've seen so far in 2021, and another five companies we feel are in big-time danger.
Here are some high-profile public companies that risk professionals must monitor closely as we reach 2021's midpoint. Credit risk may have receded some in recent months, but the spectres of debt and potential bankruptcy loom larger than ever.
Business at casinos and resorts has picked up following an easing of travel restrictions after COVID-19, yet operators worldwide continue to be tested by steep fixed cost structures and debt-loaded balance sheets.
We have a problem: Houston-based oilfield services company Nine Energy Service, Inc. recently completed a distress exchange and faces headwinds from constrained capital spending among upstream operators.
Scandinavian Airliner SAS AB could soon be sending out a Chapter 11 S.O.S. If you're one of their creditors, what proactive steps will you take to avoid a major write-down if bankruptcy comes?
Bankruptcies were triggered at a feverish rate in Q2 2020; the reprieve, one year later, feels more like a crisis delayed than dismissed. Keep up a strong credit culture.
Caviar dreams, bankruptcy reality? Large-scale luxury automobile dealership, China Zhengtong, is dealing with acute refinancing risk challenges and looming debt maturities.