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  • Mar 10

CRiskCo Tools to Understand Ukraine Crisis’ Impact

Ukraine Crisis

During these difficult times, CRiskCo wishes to express its full support for Ukraine in the face of the escalating conflict. We are deeply concerned about the consequences and losses caused by this conflict, and we genuinely hope that all Ukrainians return to safety very soon.

How can I help? – What can I do with CRiskCo to understand the impact on companies?Businessman

Trade

What can I do to help with the Ukrainian crisis?

If you want to help with the Ukraine crisis, we recommend donating to the International Committee of the Red Cross.

The Red Cross teams in Ukraine are working to restore critical infrastructure, provide medicines and equipment to health facilities, and provide food and hygiene supplies to affected families.

DONATE

What can I do with CRiskCo to understand the impact on companies?

We’d want to assist you in understanding the potential impact of this uncertain situation on your businesses. You can use CRiskCo’s dashboard to understand the company exposure to foreign trade and fuel prices:

 

Steps to identify foreign customers of companies (for Mexico)

1. To see the share of foreign customers and the percentage of revenue they rely on from abroad, you should login to the CRiskCo Platform.

2. Once you’re in, click directly on a company and the reports page will open.

3. Scroll down, and choose the “Clients” folder. Then, type XEX on the search tool.

Insights

4. It will display a list of every customer that receives revenue from abroad, along its percentage.

Insight: Companies that generate a bigger percentage of their revenue from overseas are more likely to be affected by current events. You’ll be able to tell which companies pose a higher risk.

Steps to identify foreign customers of companies (International)

1. To see the share of foreign customers and suppliers they rely on from abroad, you should login to the CRiskCo Platform.

2. Once you’re in, Press on the desired company, then go to the analytics page by clicking on the company name.

3. Scroll down, and you’ll see a geographic distribution table, where you’ll be able to see customers and suppliers of the company from abroad.

 Insights

Insight: Companies that work with more companies from abroad are more likely to be affected by international events. You will be able to know which companies represent a higher risk.

 

Steps to look at the company’s profit and loss statement

1. Please select the desired business you wish to know more in detail about. Once selected, the system will take you to that company reports page.

2. Scroll down to the different folders, you’ll notice the Profit and Loss (P&L) folder, where you can see the company’s dependency on overseas consumers and suppliers’ imports, expenses, income, and more.

3. In the P&L statement, Look for accounts connected to foreign trade or transportation related fields.

Insight: The bigger the number related to foreign activities, the greater the risk it faces from foreign events. Companies that spend more money on imports may be more vulnerable to the conflict’s volatility and consequences.

Insights

 

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