Help:Credit rating table

From Wikirating, the transparent world rating organization.
(Redirected from Credit ratings)
Jump to: navigation, search

A credit rating evaluates the credit worthiness of an issuer of specific types of debt, specifically, debt issued by a business enterprise such as a corporation or a government. It is an evaluation made by a credit rating agency of the debt issuers likelihood of default. Credit ratings are determined by credit ratings agencies[1].

Description Value (pts.) Wikirating Standard&Poor's Moody's Fitch
long-term long-term long-term long-term
AAA Prime An obligor has EXTREMELY STRONG capacity to meet its financial commitments. 95 to 100 AAA AAA Aaa AAA
AA+ High grade An obligor has VERY STRONG capacity to meet its financial commitments. It differs from the highest rated obligors only in small degree. 90 to less than 95 AA+ AA+ Aa1 AA+
AA 85 to less than 90 AA AA Aa2 AA
AA- 80 to less than 85 AA- AA- Aa3 AA-
A+ Upper Medium grade An obligor has STRONG capacity to meet its financial commitments but is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligors in higher-rated categories. 75 to less than 80 A+ A+ A1 A+
A 70 to less than 75 A A A2 A
A- 65 to less than 70 A- A- A3 A-
BBB+ Lower Medium grade An obligor has ADEQUATE capacity to meet its financial commitments. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitments. 60 to less than 65 BBB+ BBB+ Baa1 BBB+
BBB 55 to less than 60 BBB BBB Baa2 BBB
BBB- 50 to less than 55 BBB- BBB- Baa3 BBB-
BB+ Non Investmentgrade An obligor is LESS VULNERABLE in the near term than other lower-rated obligors. However, it faces major ongoing uncertainties and exposure to adverse business, financial, or economic conditions which could lead to the obligor's inadequate capacity to meet its financial commitments. 45 to less than 50 BB+ BB+ Ba1 BB+
BB 40 to less than 45 BB BB Ba2 BB
BB- 35 to less than 40 BB- BB- Ba3 BB-
B+ Highly Speculative An obligor is MORE VULNERABLE than the obligors rated 'BB', but the obligor currently has the capacity to meet its financial commitments. Adverse business, financial, or economic conditions will likely impair the obligor's capacity or willingness to meet its financial commitments. 30 to less than 35 B+ B+ B1 B+
B 25 to less than 30 B B B2 B
B- 20 to less than 25 B- B- B3 B-
CCC Extremely speculative An obligor is CURRENTLY VULNERABLE, and is dependent upon favourable business, financial, and economic conditions to meet its financial commitments. 15 to less than 20 CCC CCC+ Caa1 CCC
CC An obligor is CURRENTLY HIGHLY-VULNERABLE. 10 to less than 15 CC CCC Caa2
CCC- Caa3
C The obligor is CURRENTLY HIGHLY-VULNERABLE to nonpayment. May be used where a bankruptcy petition has been filed. 5 to less than 10 C CC Ca
C
D In default An obligor has failed to pay one or more of its financial obligations (rated or unrated) when it became due. 0 to less than 5 D D C DDD
DD
D
n.r. Not rated No rating has been requested, or there is insufficient information on which to base a rating. Not applicable


See also: Overview of common credit rating agencies/organizations in the world


References

  1. Wikipedia - "Credit rating". Retrieved 2013-09-24.


Personal tools
Namespaces

Variants
Actions
Navigation
Sovereign Credit Ratings
Corporate Credit Ratings
Structured Finance Ratings
Data for credit ratings
Help
interaction
Toolbox