Itqualityassurance
What is a rating of CCC?
7. Standard & Poor's defines the 'CCC' issue credit rating as follows: "An obligation rated 'CCC' is currently vulnerable to nonpayment, and is dependent upon favorable business, financial, and economic conditions for the obligor to meet its financial commitment on the obligation.
What is a company's rating?
A corporate credit rating is a numerical assessment of a company's creditworthiness, measuring the likelihood of it defaulting on its debt. Corporate credit ratings are issued by rating agencies and help investors determine the riskiness associated with investing in a corporate bond.
What is the rating methodology?
Rating Methodology — the method used by an underwriter when calculating premiums. Principal methods are manual, experience (retrospective or prospective), burning cost, or judgment.
