RAEX Assigns FASHIONSHOES Company Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned FASHIONSHOES Company credit (long-term creditworthiness) rating A, which means high level of creditworthiness, the third sub-level. The rating outlook is "stable", which means the likelihood of mid-term rating stability is high.
The rating level was positively influenced by zero accounts receivable and payable in the total balance as well as moderately low currency risks.
Among the rating-restraining factors low level of financial information disclosure, low possibilities of attracting leveraged financing and low level of capital adequacy were mentioned.
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