The purpose of a Corporate is to issue assessments on the ability of companies (of all sizes and areas), to honor its financial obligations in a timely manner.
To elaborate a rating, the business profile is analyzed, valuing different factors associated with the business of the company and its competitive position, as well as the financial profile, where an exhaustive analysis of the financial statements and forecasts of the company is carried out.
EthiFinance Ratings has developed a specific methodology to issue ratings of the Pharmaceutical sector. This methodology applies to companies that produce and commercialize pharmaceutical products that require, in most cases, a medical prescription including patented, biotech and generic pharmaceuticals. Companies that produce health-care products are not included.
EthiFinance Ratings has developed a specific methodology to issue ratings of the Hotel Industry. This methodology applies to companies that operate in the hotel sector, covering all categories.
The purpose of a Bond is to analyze the associated credit risk with the payment obligations incurred by a company through bonds, considering its characteristics and its recovery potential when facing eventual risk of default.
In rating elaboration, the profile of the issue is analyzed, and a detailed qualitative and quantitative study of the emission and issuer, including any associated guarantee.
The main features to assess the credit quality can be grouped by categories, being: