Expert RA Assigns PETERBURGSTROY Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned PETERBURGSTROY credit rating A (long-term creditworthiness), which means "High level of creditworthiness", the third sub-level. Developing outlook means rating stability and downgrading are equally likely in the mid-term.
Low currency risks, diversified cost structure by counterparts, low share of accounts receivable in total assets and high reliability of insurance coverage influenced positively the rating score of PETERBURGSTROY. Together with the above, low share of accounts payable in total liabilities, absence of overdue debts as of 30.06.14 and high asset growth rates for the period from 31.12.11 to 30.06.14 were listed among positive factors.
Low liquidity ratios as of 30.06.14, high external debt burden, small geographical footprint and negative equity as of 30.06.14 restrained the rating. 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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