Expert RA Assigns MAXWELL CAPITAL Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'MAXWELL CAPITAL' creditworthiness (long-term creditworthiness) rating A, which means high credit solvency, the first rating sub-level. The outlook is stable, which means high probability of maintaining the rating in the mid-term.
The absence of debt, high capital adequacy and its positive changes had a positive impact on the Company rating. High liquidity ratios were also typical of the Company: as of September 30, 2013, the cash ratio, the acid test ratio and the current ratio came to 2, 2.19, and 2.19, respectively.
Low business diversification by lines of business and its narrow geography were regarded as the rating-restraining factors.