Struggling Neiman Marcus Group has been bleeding cash and has the worst possible FRISK® score of "1," could it be the next retail bankruptcy?
High Risk Reports
Early warnings about businesses showing high levels of financial distress
Our High Risk Reports feature companies that are exhibiting a significantly high level of financial distress, as indicated by our proprietary FRISK® Score.
The reports highlight the factors that have pushed a company's score lower on the "1" (worst) to "10" (best) FRISK® Score, which is 96% accurate in predicting bankruptcy over a 12-month period. The High Risk Reports also includes analysis on financial indicators such as the company’s DBT index, stock performance, financial ratios and how it is performing relative to its industry peers.
The ultimate goal of the High Risk Report series is two-part: provide an early warning for those doing business with an increasingly distressed company and inform of the many signals that should be examined when assessing financial risks.