Property development represents about 30% of China’s GDP. Ongoing defaults could eventually convert into bankruptcy filings that would shake up the industry - and subsequently rock markets in the West.
The coronavirus pandemic continues to have a disproportionate impact on airlines and related companies. As a clued-in financial risk evaluator, you will need to routinely monitor your greatest risks in this troubled industry.
Houston-based Blue Dolphin Energy has defaulted on its debt obligations and is having difficulty paying its suppliers. The company also disclosed going concern opinion and carries the material risk of filing bankruptcy.
Skies aren't so friendly anymore for one of Asia's largest airliners, reorganizing in court and leaving creditors to collect the scraps - except for those savvy folks who relied on the FRISK® score to sidestep risk.
Things are drying up around Abraxas Petroleum Corporation's derricks and a going concern opinion is giving many company creditors pause. We suggest that if you are counterparty to this oil and gas titan, you do the same.
You may have heard: the global supply chain is broken. Shipping delays and congested seaports have tripled container freight rates worldwide. We take a look at retail trade businesses with the highest risk potential.
Economic reopening and depressed worldwide rig counts have led to energy prices heading back in a positive direction. Yet this recovery hasn't resulted in an equal improvement throughout the energy patch.