In the wake of Russia's invasion of Ukraine nearly one year ago, we note how companies in 2023 must implement sound sourcing strategies that account for sanctions, country, and financial risk to mitigate future disruptions.
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.
Scandinavian airliner SAS AB has been grounded by bankruptcy, toiling for many months on a tightrope due to massive debt and a global COVID-19 pandemic which cut deep into their revenue in recent years.
With the PAYCE® score providing a substantial uplift compared to traditional trade payment analysis, more and more risk professionals are adding the bankruptcy model into their workflows and processes.
Online automotive retailer Carvana is rapidly burning through cash and sought out private equity financing as banks were unwilling to carry the risk. Before you extend credit, you may want to pump the brakes.
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.
The media and financial institutions, including the Federal Reserve, underreport the proliferation of zombie firms, a frightening reality you must not ignore. Learn how you can use the FRISK® score and other CreditRiskMonitor® report features to protect your company from bankruptcy-prone zombies.
With inflation running hot, the U.S. Federal Reserve has embarked on a rate hike agenda. Financially weak companies with material near-term maturities are struggling and, in some cases, bankruptcy could be imminent.
The Russia/Ukraine conflict has pushed oil prices above $100 USD per barrel, further impacting the profitability, or lack thereof, of the airline industry. We identify airlines most at risk of bankruptcy.
Companies have been ramping up efforts in nearshoring their purchased goods from Mexico and Canada while keeping other regions steady. This trend indicates supply chains are focused on dual sourcing and seeking alternative suppliers.