Expert RA Assigns Credit Rating to Union of St. John the Warrior
OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned Union of St. John the Warrior credit (long-term creditworthiness) rating A, which means "High level of creditworthiness", the second sub-level. The rating outlook is "stable", which means the likelihood of mid-term rating stability is high.
High liquidity ratio, moderately low debt burden and high level of fixed assets investment exerted positive influence on the rating.
Low profit and profitability margins, absence of insurance coverage, moderately low level of business diversification, medium high share of accounts receivable in the assets structure, high share of accounts receivable in the assets structure and of accounts payable in the liabilities structure were highlighted among the factors restraining the level of the rating score. Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine. Expert RA is a true market leader in ratings and survey-communication activity. Our purpose is to produce a new knowledge and transfer it to the society, business and authorities in an understandable way.
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