Expert RA Assigns Oleta Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Oleta' creditworthiness (long-term creditworthiness) rating A, which means high credit solvency, the second sublevel. The outlook is stable, which means high probability of maintaining the rating in the mid-term.
High liquidity ratios as of 30.09.2013, the low share of receivables and payables in the balance sheet structure as of 30.09.2013, the high strategic planning level and low currency risks had a positive impact on 'Oleta' rating.
Low business diversification by lines of business, the moderately high debt level as of 30.09.2013, high liabilities under the participatory interest contracts, and low capital adequacy restrained the rating.
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