Expert RA Confirms INNOTECH Credit Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'INNOTECH' creditworthiness rating А, which means high credit solvency / long-term creditworthiness, the third sub-level. The outlook is stable, which means high probability of maintaining the rating in the mid-term.
High liquidity, high diversification of counterparties in the cost and revenues structure, and low payables had a positive impact on 'INNOTECH' rating.
The extremely low capital adequacy, the high debt level and low diversification of financial investments were highlighted among the rating-restraining factors.