OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned Krasnodargorgaz credit (long-term creditworthiness) rating A, which means "High level of creditworthiness", the third sub-level. The outlook is "stable", which means the likelihood of mid term rating stability is high.

High liquidity ratios, medium high ratios of profitability and efficiency, low currency risks, medium low share of accounts payable in total liabilities and high reliability of insurance coverage influenced positively the rating level.

Absence of complete information on ultimate owners of the Company, high debt burden, low level of business diversification and high share of the largest supplier in the production costs restrained the rating.

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By now the Agency assigned about 800 individual ratings. Expert RA is the largest rating agency in Russia and CIS, it tops the list of other Russian and foreign agencies by a number of ratings assigned to banks and companies in CIS countries. Expert RA is the first (36%) at the market of legal entity credit risks, the first at the bank rating market; the first (85%) at the market of credibility ratings, assigned to Russian insurance companies in Russia.