By tracking the behavior of credit managers and other professionals, crowdsourcing becomes the critical advantage that CreditRiskMonitor subscribers gain.
Conn’s suffered from persistent declines in same store sales, caused by “lower discretionary spending for home-related products.” The acquisition of W.S. Badcock, LLC also contributed to higher financial leverage and ultimately an untenable balance sheet.
CreditRiskMonitor today announced that its Board of Directors has appointed Jennifer Gerold as Chief Financial Officer and David Reiner as Chief Accounting Officer, effective May 23, 2024.
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.
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.
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.
A dormant debt powder keg ignited in 2023; in 2024, risk professionals must set into motion a multi-faceted approach to financial risk evaluation, including reviews by region, industry, and unique accounts.
A dormant debt powder keg ignited in 2023; as bankruptcies continue to explode in 2024, risk professionals must set into motion a multi-faceted approach to financial risk evaluation.
Medical services provider Cano Health, Inc. ran out of cash and incurred a mounatin of debt, part of a corporate healthcare sector spike in bankruptcies in early 2024.
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.
With escalating geopolitical tensions and heavy sanctions hitting Russia and China, corporations are sourcing alternative supplies from other countries.
With escalating geopolitical tensions and heavy sanctions hitting Russia and China, corporations are sourcing alternative suppliers from other countries.
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 forth from a mass advertiser exodus.
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.
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.
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.