Expert RA Assigns Ajax-Capital Investment Company Credit Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Ajax-Capital' Investment Company creditworthiness (long-term creditworthiness) rating A, the second rating sub-level. The outlook is stable, which means high probability of maintaining the rating in the mid-term.
High capital adequacy as of June 30, 2013, high liquidity ratios and the low share of payables in liabilities had a positive impact on 'Ajax-Capital' Investment Company' rating.
The uncertainty related to the Company's development restrained the rating. Low business diversification by lines of business, the high share of receivables in assets, low profitability in 2012 and the moderately high share of one counterparty in receivables were also regarded as the rating-restraining factors.
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