Resources

CreditRiskMonitor reported that revenues for the quarter ended March 31, 2021 increased to $4.13 million, up 11% from $3.71 million in 2020.

CreditRiskMonitor reported that revenues for the year ended Dec. 31, 2020 increased to $15.7 million, up 8% from $14.5 million in 2019.

CreditRiskMonitor delivers a highly accurate gauge on U.S. public company bankruptcy risk. In 2020, out of 85 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting two bankruptcies. That amounts to a 97% rate of success during that time.

Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 79% of bankruptcies in 2020 with the PAYCE® score.

International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.

Shut down the showroom? Iconic luxury auto manufacturer Aston Martin has seen sales collapse and losses mount in a turbulent year that was overshadowed by management change and the coronavirus pandemic.

China-based property developer Tahoe Group is providing evidence that the real estate bubble has resulted in ballooning inventories and distorted balance sheets, leaving less capitalized peers to struggle in an overly distended industry.

Although crude oil prices snapped back in recent months, Denver-based Highpoint Resources filed bankruptcy not long after the publication of our High Risk Report.

For the second time in four years, Seadrill Limited is bankrupt. The company is the latest in a series of offshore rig firms to seek court protection from creditors following spending cuts by the energy sector in wake of the COVID-19 pandemic.

The seismic data survey industry appears to be sinking; can Norwegian company PGS ASA stay afloat in 2021 in the midst of an oil price crisis?