Expert RA Confirms Nauka-Svyaz Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Nauka-Svyaz' creditworthiness (long-term creditworthiness) rating А+, which means very high credit solvency; the sublevel downgraded from the first to the third; the stable rating outlook maintained.
High capital adequacy, high business diversification, low currency risks, and high business activity had a positive impact on the rating. The Company is also characterized by high counterparty diversification, the high planning level, broad pledge opportunities and its excellent risk management.
The moderately high debt level was regarded as the-rating restraining factor. In addition, the lack of a controlling owner in the Company and the moderately high share of receivables in assets restrained the rating.
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