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.
In 2019, nearly half of the 230 publicly traded Chinese construction companies we cover are financially distressed. If you have exposure to China’s real estate market, we urge you to monitor closely the financial risk potential of your commercial counterparties.
Public company financial risk is higher than it has ever been, and the weakest links in your supply chain may lead to costly, time-consuming problems.
In a discussion with CreditRiskMonitor CEO Jerry Flum, Karen Webster of PYMNTS.com talks about the volatile bond market and the unprecedented Global Debt Problem that continually grows in 2019.
If you work in the volatile oil and gas industry, not a single day should go by where you do not have a read on corporate credit risk. It could save your company millions in the long run.
Risk professionals who did not heed CreditRiskMonitor and strikingly low daily FRISK® scores for Weatherford International plc failed to see it's true bankruptcy potential.
CreditRiskMonitor’s assessment of the U.S./Canadian E&P industry reveals that about two-thirds of operators are financially distressed and have higher-than-average risk of bankruptcy.
CreditRiskMonitor reported that revenues were $3.57 million and $7.06 million for the 3 and 6 months ended June 30, 2019, respectively, an increase of 2.6% and 3.1% over the comparable periods last year.
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.
NantHealth, Inc. is experiencing some major distress. In this report, we diagnose their dangerous dealings in debt and what you can do as a creditor or a supplier to avoid risk.