CREDIT RATINGS

Mer som dette

UTSC Department of Management

Ved Stephanie Perpick

six factors of production

Ved Mhyca Munoz

Inshore file plan

Ved Santiago Bermeo

Business ethics

Ved DIANA MAGALY LEYVA PEREZ

CREDIT RATINGS

Prudently sceptical evaluation of credit strength and risks, roughly 3-5 years in the future based on experience, well balanced analysis - not on a strict criteria

RATIOS USED

Industry Specific

Generic

Cash Coverage

Leverage

Including

All liabilities

Cash Flow to Debt

AREAS FOR ANALYSIS

Special Event Risk

Accounting Policies

Aggressive?

Sources of liquidity

Issue/Group Structure

Legal claims on cash

Quality of management

Business Position

Competitive

Operating

ability to generate cash flows

Industry Structure

CREDIT FUNDAMENTALS

Future levels of debt and other liabilities

Future stocks of assets and other liquidity

Future Cash Generating Ability