OREANDA-NEWS. May 17, 2012. Expert RA rating agency assigned A plus (very high) creditworthiness rating to Promtransinvest. Forecast is “stable”.

Promtransinvest’s area of activity is purely car-leasing to NefteTransService, the latter being guarantor for Promtransinvest obligations, therefore PromtransInvest was rated on the basis of NefteTransService financial reporting.

NefteTransService specialty is railroad transporting all over the RF.

NefteTransService pluses: high profitability, sufficiently increased assets, high liquidity, high business activity. “Although the company moves forward with high speed, indicators of capital adequacy and debt burden showed no change for the worse”, said Pavel Mitrofanov, head of Expert RA corporate and investment department.

Limiting factors: poorly diversified debt structure, insufficient capital adequacy, high level of debt payments in 2012, high level of accounts receivable in asset structure, insufficient information transparency.