Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 70% of bankruptcies thus far in 2019 with the PAYCE® score.
CreditRiskMonitor currently estimates that financial losses stemming from U.S. public company bankruptcies alone will be in excess of $1.1 trillion, a greater figure than what was lost during the Great Recession.
The global economy appears to have deteriorated in a significant way during 2019 given the trends in negative yielding debt.
Over the last two completed calendar years, CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a near 98% rate of success.
CPI Card Group, Inc. has seen it's FRISK® score flatline for 12 consecutive months as persistent negative net worth suggests loanable collateral has been exhausted.
A recent study of the last two completed calendar years showed that CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a 97.9% rate of success.
CreditRiskMonitor CEO Jerry Flum answers your follow-up questions from our recent "Dr. Altman on the Mammoth Debt Problem" webinar.
A healthy supply chain is key to a sustainable, thriving business model, putting immense pressure on the procurement professional as the first line of defense.
Global solar panel prices appear to be stabilizing after falling off a cliff in 2016. This respite is a welcome relief for solar manufacturers around the world.