Bankruptcy Case Studies

Post-filing analyses of recent bankruptcies

Gain unique insights into the business and financial decline that precedes bankruptcy - and how our solutions can help predict bankruptcy amongst your company's counterparties.

CreditRiskMonitor® Bankruptcy Case Studies provide post-filing analyses of public company bankruptcies. Our case studies educate subscribers about methods they can apply to assess bankruptcy risk using our proprietary FRISK® score, robust financial database, and timely news alerts.

In nearly every case, a low FRISK® score gave our subscribers early warning of financial distress within a one-year time horizon. Our proprietary FRISK® score predicts bankruptcy risk at public companies with 96% accuracy. The score is formulated by a number of indicators including stock market capitalization and volatility, financial ratios, bond agency ratings from Moody’s, Fitch and DBRS, and crowdsourced behavioral data from a subscriber group that includes 35% of the Fortune 1000 and thousands more worldwide.

Whether you are new to credit analysis or have decades of experience under your belt, CreditRiskMonitor® Bankruptcy Case Studies offer unique insights into the business and financial decline that precedes bankruptcy.

Bankruptcy Case Study
CreditRiskMonitor

Medical services provider Cano Health, Inc. ran out of cash and incurred a mountain of debt, part of a corporate healthcare sector spike in bankruptcies in early 2024.

Bankruptcy Case Study

Brazilian airliner Gol Linhas Aereas Inteligentes SA is now bankrupt, grounded by massive debt incurred in the wake of the COVID-19 pandemic.

Bankruptcy Case Study
CreditRiskMonitor

Listen up: Audacy, Inc., the largest radio and podcast company in the U.S., is bankrupt after years of debt financing, in reaction to macroeconomic challenges brought on by a massive decline in advertising revenue.

Bankrupt Supplier Report
SupplyChainMonitor

In this Bankrupt Supplier Report, the recent bankruptcy of Unique Fabricating, Inc. is explored: why this supplier was in trouble, which SupplyChainMonitor features provided early warning of the company's various risks, and what procurement professionals could have done - and must do in the future - to keep their supply chain intact when faced with financially distressed suppliers. 

Bankruptcy Case Study
CreditRiskMonitor

WeWork Inc.'s bankruptcy was an event our subscribers were well prepared for, as the former high-flying startup was burning cash at a time of incredible disruption in the commercial real estate market.

Bankruptcy Case Study
CreditRiskMonitor

Checked out: A heavy debt load and recurring net losses were major factors in Rite Aid Corporation's prolonged descent into bankruptcy.

Bankruptcy Case Study
CreditRiskMonitor

American freight transporter Yellow Corporation has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.

Bankruptcy Case Study
CreditRiskMonitor

Lights, Camera, Bankrupt. Our FRISK® score broadcasted the financial dangers hidden within Minnesota-based media company iMedia Brands, Inc., a debt-laden enterprise hurt by declining cable TV subscribers and inflation.

Bankruptcy Case Study
CreditRiskMonitor

Powering down: IT infrastructure leader Cyxtera Technologies filed for bankruptcy protection in the wake of major losses and on the eve of fast-arriving debt maturities.

Bankruptcy Case Study
CreditRiskMonitor

Struggling with debt and declining sales, ATM and Point of Sale tech manufacturer Diebold Nixdorf, Inc. has filed for Chapter 11 protection. Our subscribers, armed with the FRISK® Score, would have made an early withdrawal before bankruptcy struck.

Bankruptcy Case Study
CreditRiskMonitor

Bankruptcy has claimed British chemical manufacturer Venator Materials PLC after years of struggle with both high European energy costs and waning demand.

Bankruptcy Case Study
CreditRiskMonitor

Continuing deterioration in operating performance and intense pricing pressure from competitors were tough pills to swallow for generic pharmaceutical manufacturer Lannett Company, Inc., ultimately leading to its bankruptcy.

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