Stop the presses: U.S. printing mainstay Cenveo, Inc. met bankruptcy in early 2018. Our subscribers were well aware of Cenveo's troubles for more than a year, however, thanks to the FRISK® score and our crowdsourced behavioral data.
Beauty is only skin deep. Thanks to our FRISK® score, we were able to identify cosmetics icon Revlon, Inc. as an increasingly risky bet to stave off bankruptcy in 2018.
Carillion PLC filed for compulsory liquidation at the start of 2018, putting an end to a ghastly and abrupt decline for the U.K. integrated support service operator. We tracked their decline in this unique Bankruptcy Case Study.
A recent study of the last two completed calendar years showed that CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a 97.9% rate of success.
Read in-depth how crowdsourcing the wisdom of our uniquely positioned subscribers has enabled a significant enhancement of the CreditRiskMonitor FRISK® score, more accurately predicting corporate financial stress.
Bankruptcy risk is a specific area procurement professionals should focus upon when evaluating publicly held suppliers’ financial performance – especially given the effect of competitive pressures on corporate margins and daily news stories about growing levels of global debt.
Crowdsourcing finds that hundreds of oil & gas companies continue to deal with financial distress in spite of the stabilization of energy commodity prices.
Windstream Holdings, Inc., is trending in the high-risk FRISK® "red zone," which is, in part, a reflection of its cumbersome debt load. But that's not the only trouble spot for this telecom provider.