Expert RA Confirmed Wardbase Trading Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'WARDBASE TRADING' creditworthiness (long-term creditworthiness) rating А, which means high credit solvency. The rating outlook is stable, the third sub-level.
When the Company was rated, high quality of financial investments, moderately high liquidity indicators, moderately high strategic planning quality and the low share of payables and receivables in the balance sheet structure were highlighted as positive factors by the Agency's analysts.
The high debt level, the negative equity value and low diversification of debt liabilities restrained the Company's rating.