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Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.

Press Release
Press release preview of highradius

CreditRiskMonitor Announces Partnership with HighRadius

… allows for a whole new audience to unlock the power of the FRISK score : a 96%-accurate daily read on bankruptcy risk hidden … said Jerry Flum, CreditRiskMonitor CEO. “With the FRISK score in their dashboard, we think that their clients …

CreditRiskMonitor announces a new partnership with HighRadius, a Fintech enterprise Software-as-a-Service (SaaS) company which leverages Artificial Intelligence-based Autonomous Systems to help companies automate Accounts Receivable and Treasury processes.

Bankruptcy Case Study
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 forth from a mass advertiser exodus.

Audacy, Inc.

… in advertising revenue. The Pennsylvania-based company's FRISK score remained fixed at a "1" for more than a year, …

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.

Tags
FRISK ScoreNorth America
Bankruptcy Case Study
Clovis Oncology filed bankruptcy due to poor sales tied to its cancer drug Rubraca and significant debt load.
Clovis Oncology filed bankruptcy due to poor sales tied to its cancer drug Rubraca and significant debt load.

Clovis Oncology, Inc.

… debt load. The Colorado-based healthcare company was at a  FRISK Score  of "1" at the time of their Chapter 11 filing, …

Clovis Oncology, Inc. has filed for bankruptcy due to the combination of poor sales tied to its cancer drug, Rubraca, and a significant debt load.

Bankruptcy Case Study
Party City storefront
The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.

Party City Holdco Inc.

… into Chapter 11 bankruptcy. The New Jersey-based company's FRISK score was at a "1" at the time of its filing, indicating …

The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.

Bankruptcy Case Study
The bankruptcy of NewAge, Inc. is proof that just because a high-profile corporation consistently pays its bills on time does not mean that the company is healthy financially.
The bankruptcy of NewAge, Inc. is proof that just because a high-profile corporation consistently pays its bills on time does not mean that the company is healthy financially.

NewAge, Inc.

… of true financial health. The Utah-based corporation's FRISK score stood at a "2" at bankruptcy, indicating severe …

The Chapter 11 filing of wellness supplement giant NewAge, Inc. is a classic case showing that on-time bill payment by a public company is not indicative of true financial health.

Tags
CreditTreasuryConsumer Non-CyclicalNorth AmericaFRISK Score
High Risk Report
Avaya Holdings Corp. carries a heavy debt burden in 2022. In the wake of steep market share losses, we advise that you closely follow the performance of this telecommunications leader.
Avaya Holdings Corp. carries a heavy debt burden in 2022. In the wake of steep market share losses, we advise that you closely follow the performance of this telecommunications leader.

Avaya Holdings Corp.

… leader. The North Carolina-based company's FRISK score is currently at a "1," indicating a heightened risk of …

Avaya Holdings Corp. carries a heavy debt burden in 2022. In the wake of steep market share losses, we advise that you closely follow the performance of this telecommunications leader.

Tags
CreditTreasuryProcurementTechnologyNorth AmericaMD&A AnalysisFRISK Score
High Risk Report
China-based property developer defaulted on its bonds and rating agencies withdrew their ratings in January. Additionally, its auditor resigned. Could the company be on the brink of insolvency?
China-based property developer defaulted on its bonds and rating agencies withdrew their ratings in January. Additionally, its auditor resigned. Could the company be on the brink of insolvency?

China Aoyuan Group Limited

… company be on the brink of insolvency? The company is at a FRISK score of "1," indicating extreme financial stress: Image … …

China-based property developer China Aoyuan Group Limited defaulted on its bonds and rating agencies withdrew their ratings in January. Additionally, its auditor resigned. Could the company be on the brink of insolvency?

Tags
CreditProcurementTreasuryAPACFRISK Score
High Risk Report
Tupperware Brands Corporation is fighting to keep a lid on its fast-growing debt and bankruptcy risk potential. Is a Chapter 11 filing simply a matter of time?
Tupperware Brands Corporation is fighting to keep a lid on its fast-growing debt and bankruptcy risk potential. Is a Chapter 11 filing simply a matter of time?

Tupperware Brands Corporation

… filing simply a matter of time? The Orlando-based company's FRISK score sits currently at a "2," indicating intense financial …

Tupperware Brands Corporation is fighting to keep a lid on its fast-growing debt and bankruptcy risk potential. Is a Chapter 11 filing simply a matter of time?

Tags
FRISK ScoreConsumer Non-CyclicalNorth America
High Risk Report
The seismic data survey industry appears to be sinking; can Norwegian company PGS ASA stay afloat in 2021 in the midst of an oil price crisis?
The seismic data survey industry appears to be sinking; can Norwegian company PGS ASA stay afloat in 2021 in the midst of an oil price crisis?

PGS ASA

The seismic data survey industry appears to be sinking; can Norwegian company PGS ASA stay afloat in 2021 in the midst of an oil price crisis?

Tags
CreditTreasuryEnergyEMEACOVID-19FRISK Score