Resources

CreditRiskMonitor reported operating revenues of $4.8 million, an increase of approximately $218 thousand or 5%, for the first quarter of fiscal 2024 compared to the same period of fiscal 2023.

Since 2017, the FRISK® score has achieved a 96% success rate in accurately classifying public companies that go bankrupt. Of 191 worldwide public company bankruptcies, the FRISK® score accurately identified 183 as “high-risk” at least three months before they filed.

CreditRiskMonitor reported revenues of $18.9 million, an increase of approximately $953 thousand or 5%, for the year ended December 31, 2023, as compared to 2022.

In this Distressed Supplier Report, the near-term fate of Enviva, Inc. is discussed: why this supplier is in trouble, which SupplyChainMonitor™ features are unearthing Enviva's hidden dangers, and the contingency plans procurement professionals must make to keep their supply chain intact in the face of the company's ballooning financial risk level.

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.

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

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.

No two public companies are cut from the exact same cloth, yet the telltale signs of potential bankruptcy shown by craft retailer JOANN Inc. are universal: lots of leverage, recurring net losses, and negative free cash flow.

In this Distressed Supplier Report, the near-term fate of Triumph Group, Inc. is discussed: why this supplier is in trouble, which SupplyChainMonitor features are unearthing Triumph Group's hidden dangers, and the contingency plans procurement professionals must make to keep their supply chain intact in the face of the company's ballooning financial risk level.

CreditRiskMonitor reported operating revenues of $4.8 million, an increase of approximately $245 thousand or 5%, for the third quarter of fiscal 2023 compared to the same period of fiscal 2022.