Expert RA Confirms Willow River Russian Housing Developments Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Willow River Russian Housing Developments company credit rating (long-term creditworthiness) A, which means "High level of creditworthiness". The rating sub-level changed from the third to the second. The outlook is "stable".
Moderately high liquidity ratios, low currency risks, low shares of accounts receivable and payable in total assets and liabilities are highlighted as the key positive factors for the rating of the Company.
Low level of diversification, narrow business geography, low level of debt obligation diversification, high level of pledged property were highlighted among factors restraining 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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