Expert RA Assigned Minudobrenia Credit Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Minudobrenia' creditworthiness rating A+. The rating outlook is stable. The stable outlook means high probability of maintaining the rating in the mid-term.
'Minudobrenia' (OJSC) specializes in manufacturing and sales of mineral fertilizers.
The moderately low debt level, high profitability ratios, high capital adequacy, high liquidity and high efficiency ratios had a positive impact on 'Minudobrenia' rating. The Agency's experts also regarded high growth rates for the Company's assets and capital, the low share of payables in liabilities, absence of past-due receivables and payables, high insurance coverage and moderately high financial disclosures as positive factors.
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