Specialty retailer, The Container Store Group, Inc., filed for bankruptcy on December 22, 2024. The FRISK® Score had signaled the company’s financial distress for 12 consecutive months, providing early warning to subscribers. Yet the company’s Days Beyond Terms Index, a measure of historical trade payment performance, persistently indicated prompt payment behavior. The divergence between these indicators is known as the “Cloaking Effect”.
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CreditRiskMonitor.com, Inc. (OTCQX: CRMZ) reported revenues of $19.8 million, an increase of approximately $878 thousand or 5%, for the year ended December 31, 2024, as compared to 2023.

It's anyone's guess as to whether or not the Chinese government will step in and bail out property developer China Evergrande Group, but CreditRiskMonitor subscribers should never think a leveraged-to-the-max company like this is immune from potential bankruptcy.

As a creditor, you're going to want to carefully review our High Risk Report on casino operator Full House Resorts, Inc. Doing business with this company would certainly be a roll of the dice.

The end credits could roll on Cineworld Group, the parent company of several large movie theater chains including Regal Entertainment Group. Will COVID-19 ultimately annihilate the industry?

Independent oil and natural gas exploration leader California Resources Corporation has seen its FRISK® score bottom out. The time has come for trade creditors to pay close attention.