The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. The first of a five-part look at these inputs, here’s how the stock market plays a role.
Mike Ellis, head of Accounts Receivable Risk and Reporting for Anixter, leverages data from CreditRiskMonitor to avoid risk for his $7.6 billion company.
How can we be so sure of the accuracy? We measure it. Download this scorecard to see how the score performed in 2015 & 2016. In short – we predicted 98.6% of U.S. public company bankruptcies at least 90 days in advance.
