Over the last three completed calendar years, CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a 96% rate of success.
Our FRISK® score is drilling deep for our subscribers to unearth the high financial stress lurking within well site service provider Basic Energy Services, Inc.
CreditRiskMonitor’s FRISK® Stress Index shows elevated financial risk within the global steel manufacturing industry, including big-time players in Schmolz + Bickenbach and ArcelorMittal.
While risk analysis professionals may be tempted to use the statistical FRISK® score as a component within a different model, such as one that is rules-based, doing so may generate suboptimal results.
Just like tariffs, supplier financial risk has become an important category to monitor by company procurement departments. If this isn't on your radar today, it should be.
Although the story can be significantly different for every single public company that finds itself faced with bankruptcy, there's one familiar trend: payment data repeatedly misses the risk.
The FRISK® score cuts through the “Cloaking Effect” by identifying financially stressed companies with a differentiated and proprietary method that doesn't rely on payment history.