Public company bankruptcies were widespread in 2019, and they were particularly severe in the oil and gas industry. We predict that they will intensify in other cyclical industries going forward.
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Commercial bankruptcies in the United States increased for the first time since 2009. Record corporate debt and waning business confidence are striking developments regardless of which industry you are operating within.
Deep cracks are surfacing in global corporate debt markets. The timing of corporate bankruptcies is always difficult to predict, yet FRISK® score trends show that the odds of a bankruptcy wave have measurably increased.
CreditRiskMonitor leverages artificial intelligence, generates analytics, and provides actionable insights with the PAYCE® score for accurate private company bankruptcy prediction.
A supplier network fraying at the edges can eventually break down into a full-blown disruptive crisis. With global debt soaring, daily bankruptcy risk evaluation is a must.
Beauty products makers Coty, Inc. and Revlon, Inc. are currently exhibiting worst-in-class FRISK® scores, signaling elevated bankruptcy risk over the coming 12 months to CreditRiskMonitor clients.
Optimal assessment of public company bankruptcy risk requires the balanced, holistic analysis provided by the FRISK® score.
Sanctions have delivered significant financial stress to the Russian government and corporations alike. Overall, many Russian companies have dropped into – or have sunk further down into – the FRISK® score red zone, indicating heightened financial stress and corporate failure risk.
CreditRiskMonitor’s 70%-accurate PAYCE® score is proving significantly more effective in providing early warning signals - and then predicting bankruptcy filings - than traditional trade payment summary models.