ru en

Ratings

RAEX Rating (EXPERT RA)

Свидетельство Экспер т Ра англ.jpg

Since 2008, Obuv Rossii is assigned creditworthiness ratings (an agreement with a rating agency, Expert RA CJSC, for assigning ratings.)

The credit rating (creditworthiness rating) is assigned to companies in all economy sectors and shows subjective opinion of the Expert RA rating agency concerning the ability of the company to fulfill its financial obligations in time and in full.

The creditworthiness rating technique is adjusted to specific characteristics of the Russian market and does not take into account the country risk of Russia, i.e. the credit rating is assigned by the agency only according to the national scale. The credit rating includes a forecast of possible changes in the economic environment and assessment of prospects for company development in the midterm.

In September 2020, Expert RA rating agency confirmed Obuv Rossii’s credit rating at ruBBB+ with stable outlook. 

The rating agency underlined strong competitive positions of the Company, its nationwide scale of business and high diversification of the products and services. As of the reporting date, the Company also maintained moderately high level of absolute liquidity and high quick asset level, which supported the rating. The agency rated high the Company’s efficient credit portfolio management, increase of the share of long-term loans as well as a sufficient volume of long-term undrawn credit lines for short-term debt refinancing.

RAEX Rating (EXPERT RA)


Was the information helpful?