SPB OIL Company Credit Rating Confirmed
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed SPB OIL Company credit rating A, which means high level of creditworthiness, the stable outlook, the third sub-level.
In the course of analysis the Agency analysts highlighted medium high level of financial performance of the construction company being the target of investment of SPB OIL, low share of accounts receivable in the asset structure and accounts payable in the liabilities structure.
Rating restraining influence was exerted by high level of debt burden, low diversification of business activities of the construction company, low capital adequacy and low level of transparency of financial information.
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