MIRA
INFORM REPORT
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Report Date : |
28.06.2007 |
IDENTIFICATION DETAILS
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Name : |
ALLEGHENY LUDLUM
CORPORATION |
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Registered Office : |
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Country : |
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Date of Incorporation : |
24/04/1970 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Producer of steel. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Slow |
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Litigation : |
Exists |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: ALLEGHENY
LUDLUM CORPORATION
Trade Name(s): ATI
ALLEGHENY LUDLUM
Address:
City:
State/Province:
Zip Code: 15222
Country: UNITED
STATES
Telephone: 724
242-1000
Facsimile: 724
225-5830
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: www.alleghenyludlum.com
Business Activity: The subject is a producer of steel.
NOTE TO CLIENT
Please note that
several detailed messages were left via telephone for Management. In addition,
a written request for general information was sent via facsimile. Unfortunately, we did not receive a response
to our inquiries and thus, cannot substantiate general information contained in
this report. If however, Management responds at a later time, this report will
be appropriately amended.
--
A representative
from the Accounting Department of ALLEGHENY TECHNOLOGIES INCORPORATED confirmed
that the name given ATI ALLEGHENY LUDLUM is a trade name owned by ALLEGHENY
LUDLUM CORPORATION for which a report follows.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 24/04/1970
State/Province of
Incorporation: PA
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
Business Name
History
--
Name Name Type
ALLEGHENY LUDLUM
CORPORATION Current Name
----
Business Corporation
- Domestic - Information
Entity Number: 7612
Status: Active
Entity Creation
Date: 4/24/1970
State of
Principal Office
Address:
Mailing Address: No
Address
----
Ficticious
Registration
Source:
BUSINESS INFORMATION
Name: ATI ALLEGHENY LUDLUM
Address:
County: LOS ANGELES
FILING INFORMATION
Filing Date: 05/24/2006
Identification
Number: 06-1142948
Business Type: CORPORATION
OWNER INFORMATION
Name: ALLEGHENY LUDIUM CORP.
Address: 1000 SIX PPG PL
Managers/Key
Personnel
Mr. Douglas A
Kittenbrink President
Mr. Richard J
Harshman Vice President
Mr. Jon D
Walton Secretary
Mr. Robert S
Park Treasurer
AFFILIATED ENTITIES
ATI Funding
Corporation
TDY Holdings
LLC
TDY Industries,
Inc.
ALC Funding
Corporation
TDY Holdings
Ltd
Parent Companies
Parent Company: ALLEGHENY TECHNOLOGIES INCORPORATED
1000
UNITED STATES
Telephone: 724 224-1000
Allegheny
Technologies Incorporated is a public company with stock trading on the New
York Stock Exchange:
Symbol: ATI
Recent
Closing Price: $100.71
52
Week Range: $119.70-$55.00
Shares
Outstanding: 102,152,000
---
(in
millions USD)
Total
Current Assets 1,987.9
Total
Assets 3,282.2
Total
Current Liabilities 645.5
Total
Liabilities 1,789.6
Stockholder
Equity 1,492.6
Global
Net Sales 4,936.6
Cost
of Goods Sold 3,743.8
Gross
Result 1,192.8
Net
Income 571.9
---
The above
information was extracted form Allegheny Technologies Incorporated 2006 Annual
Report filed with the Securities and Exchange Commission.
The parent company
reports 9,500 employees worldwide.
There are no known
subsidiaries
BANKS
Telephone:
Facsimile:
Account Number:
Account Manager:
The primary bank
could not be confirmed. However, the JP Morgan Chase Bank was mentioned in the
parent companies references to the subject.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE
CUR 1- 31- 61-
CATEGORY REPTD
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
CHEMICALS
07-06 00-00 NET 30 100 0
0 0 0
0 0
FREIGHT
07-04 07-03 VARIED 15200 1900
96 4 0
0 0
MACH DISTR 07-05 00-00 VARIED 0
0 0 0
0 0 0
MED EQUIP
07-06 00-00 ROI 8000 8000
0 0 0
0 100
PACKAGING
07-06 00-00 NET 30 0 0
0 0 0
0 0 CUST
8 YR
SAFTY PROD 07-05 00-00 NET 30 400
0 0 0 0 0
0 CUST 3 YR
TRANSPORTN 07-05 00-00 VARIED 0
0 0 0
0 0 0
CUST 7 YR
TRUCK DLR
07-06 00-00 CONTRCT 7300
900 9 0
0 0 91
AIR TRANS
06-11 00-00 NET 30 2200 500
30 40 9
0 21 CUST 11 YR
COMPUTERS
05-05 00-00 CREDIT 0 0
0 0 0
0 0 CUST 37 YR
ELEC EQUIP 05-01 99-11 CREDIT 200
0 0 0
0 0 0
CUST 6 YR
TELECOM
07-04 07-04 NET 30 1300 0 0
0 0 0
0 CUST 20 YR
CURRENT QUARTER 31000 10800
17 1 0
0 82
Payment Trends
INDUSTRY BUSINESS BALANCE
CUR 1- 31- 61-
DATE
CUR DBT DBT $ %
30 60 90 91+
--------
--- --- --- -------- --- --- --- --- ---
20070600
0 6 62 10700 17
1 0 82 0
20070500
0 6 59 10800 18
1 7 74 0
20070400
0 5 15 9100 3
97 0 0 0
20070300
0 6 35 10500 2
76 0 0 22
20070200
0 6 96 8000 8
1 0 0 91
20070100
0 8 95 7300 0
0 0 32 68
Payment History - Quarterly Averages
BALANCE CUR 1- 31- 61-
QUARTER
YEAR DBT $ %
30 60 90 91+
-------- ------ --- -------- --- --- --- --- ---
First
2007 88 3900
10 7 0
0 83
Fourth
2006 64 7300 1
11 33 33 22
Third
2006 14 6900 55
21 24 0 0
Second
2006 5 7700 75
24 0 0 1
First
2006 7 4200 66
30 2 1 1
FINANCIAL INFORMATION
In absence of
speaking to management no financial data could be obtained. All financial
statements are consolidated into those of the parent company which are
summarized above.
CURRENT OPERATIONS
NAICS Code: 42151
SIC Code: 5051
Business Activity:
The subject is a
producer of steel.
The subject produces
stainless steel, grain-oriented silicon steels, titanium, tool steels and high performance
alloys for the flat rolled markets. They
also produce armor materials and electrical silicon steel.
The above location
is the headquarters consisting of office space. There is a warehouse located in
PUBLIC RECORD
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 33641652
Filing Date: 02/26/2001
Filing Time: 10:00PM
Expiration
Date: 02/26/2006
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): DIVERSIFIED FINANCIAL SERVICES
INC
COLLATERAL
INFORMATION
Collateral
Type: LEASED EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 33641652
Filing Date: 02/26/2001
Filing Time: 10:00PM
Expiration
Date: 02/26/2006
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): DIVERSIFIED FINANCIAL SERVICES
INC
COLLATERAL
INFORMATION
Collateral
Type: LEASED EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 34680522
Filing Date: 12/06/2001
Filing Time: 3:31PM
Expiration
Date: 12/06/2006
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): 1ST SOURCE BANK CONSTRUCTION
EQUIPMENT DIVISION
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 34880305
Filing Date: 01/31/2002
Filing Time: 8:29PM
Expiration
Date: 01/31/2007
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): MACSTEEL SERVICE CENTERS USA
INC
COLLATERAL
INFORMATION
Collateral
Type: INVENTORY
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 34940083
Filing Date: 02/19/2002
Filing Time: 8:31PM
Expiration
Date: 02/19/2007
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): UCAR CARBON COMPANY INC
COLLATERAL INFORMATION
Collateral
Type: CONSIGNED MERCHANDISE
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 34980236
Filing Date: 03/01/2002
Filing Time: 9:54PM
Expiration
Date: 03/01/2007
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
1000
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): APPLIED INDUSTRIAL
TECHNOLOGIES INC
ONE APPLIED PLAZA;
COLLATERAL INFORMATION
Collateral
Type: CONSIGNED MERCHANDISE
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 36130450
Filing Date: 04/16/2002
Filing Time: 2:14PM
Expiration
Date: 04/16/2007
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): EQUIPCO DIVISION PHILLIPS CORPORATION
COLLATERAL INFORMATION
Collateral
Type: EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 36331781
Filing Date: 06/11/2002
Filing Time: 3:15PM
Expiration
Date: 06/11/2007
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): GLENCORE LTD
THREE
COLLATERAL INFORMATION
Collateral
Type: INVENTORY INCLUDING PROCEEDS AND
PRODUCTS
CIVIL JUDGMENT
FILING RECORD
----
FILING INFORMATION
Filing Number: GD-02-14431
Filing Type: JUDGMENT - PROTHONOTARY - ABSTRACT OF
JUDGMENT
Filing Office: ALLEGHENY
PA
Filing Date: 07/30/2002
DEBTOR INFORMATION
Debtor: ALLEGHENY
LUDLUM CORPORATION
Debtor Type: COMPANY
CREDITOR INFORMATION
Creditor:
Creditor
Attorney: CHARLES H. LEHMAN
COMMENT INFORMATION
Filing Comment: FILED FOR $8,244.670.00 ADDRESS IS
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 36670976
Filing Date: 09/24/2002
Filing Time: 3:15PM
Expiration
Date: 09/24/2007
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): 1ST SOURCE BANK CONSTRUCTION
EQUIPMENT DIVISION
COLLATERAL INFORMATION
Collateral
Type: EQUIPMENT AND PROCEEDS
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20000345768
Filing Date: 03/10/2003
Filing Time: 8:44PM
Filing Type: ASSIGNMENT
Filing Date of
Related Filing: 06/07/2000
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
1000
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): GILES & RANSOME, INC. RANSOME LIFT DIVISION
ASSIGNEE INFORMATION
Assignee(s): FORKLIFT ASSOCIATES, INC.
RANSOME LIFT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030260466
Filing Date: 03/20/2003
Filing Time: 7:10PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
1000
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): REFERENCE METALS COMPANY, INC.
COLLATERAL INFORMATION
Collateral
Type: CONSIGNED MERCHANDISE INCLUDING
PROCEEDS AND PRODUCTS
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030363778
Filing Date: 04/14/2003
Filing Time: 9:18PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): CITICORP DEL LEASE, INC.
COLLATERAL INFORMATION
Collateral
Type: EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030376699
Filing Date: 04/16/2003
Filing Time: 8:49PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
1000
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): DE LAGE LANDEN FINANCIAL
SERVICES, INC.
COLLATERAL INFORMATION
Collateral
Type: EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030401679
Filing Date: 04/24/2003
Filing Time: 12:33PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): NORIMET LIMITED
COLLATERAL INFORMATION
Collateral
Type: CONSIGNED MERCHANDISE INCLUDING
PROCEEDS AND PRODUCTS
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030471456
Filing Date: 05/12/2003
Filing Time: 9:35PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
1000
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): DE LAGE LANDEN FINANCIAL
SERVICES, INC.
COLLATERAL INFORMATION
Collateral
Type: EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030486866
Filing Date: 05/15/2003
Filing Time: 9:03PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): DE LAGE LANDEN FINANCIAL
SERVICES, INC.
COLLATERAL INFORMATION
Collateral
Type: LEASED EQUIPMENT AND PROCEEDS
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030648767
Filing Date: 06/16/2003
Filing Time: 9:15PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
1000
SECURED PARTY OR
CREDITOR INFORMATION
Secured
Party(s): PNC BANK, NATIONAL
ASSOCIATION, AS AGENT FOR ITSELF AND
VARIOUS FINANCIAL
INSTITUTIONS THE AGENT CAN BE CONTACTED FOR A
ONE
COLLATERAL INFORMATION
Collateral
Type: ASSETS INCLUDING PROCEEDS AND
PRODUCTS
Collateral
Type: ACCOUNT(S) INCLUDING PROCEEDS AND
PRODUCTS
Collateral
Type: CONTRACT RIGHTS INCLUDING PROCEEDS
AND PRODUCTS
Collateral
Type: CHATTEL PAPER INCLUDING PROCEEDS AND
PRODUCTS
Collateral
Type: GENERAL INTANGIBLE(S) INCLUDING
PROCEEDS AND PRODUCTS
Collateral
Type: NEGOTIABLE INSTRUMENTS INCLUDING
PROCEEDS AND PRODUCTS
Collateral
Type: INVENTORY INCLUDING PROCEEDS AND
PRODUCTS
Collateral
Type: COMPUTER EQUIPMENT INCLUDING
PROCEEDS AND PRODUCTS
----
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030633325
Filing Date: 08/05/2003
Filing Time: 2:09PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): DIVERSIFIED FINANCIAL
SERVICES, LLC
COLLATERAL INFORMATION
Collateral
Type: EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20030633005
Filing Date: 08/06/2003
Filing Time: 9:33PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): DIVERSIFIED FINANCIAL
SERVICES, LLC
COLLATERAL INFORMATION
Collateral
Type: EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20040001658
Filing Date: 12/30/2003
Filing Time: 3:40PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
1000
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): MINTEQ INTERNATIONAL INC.
COLLATERAL INFORMATION
Collateral
Type: LEASED CONSIGNED MERCHANDISE
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20040056279
Filing Date: 01/20/2004
Filing Time: 8:00PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
1000
SECURED PARTY OR CREDITOR INFORMATION
Secured Party(s): CITICORP DEL LEASE, INC.
COLLATERAL INFORMATION
Collateral
Type: EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20040369077
Filing Date: 04/08/2004
Filing Time: 2:24PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
ALLVAC STOREROOM
ROUTE 981 NORTH
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): WELLS
ROCHELLE
COLLATERAL INFORMATION
Collateral
Type: LEASED BUSINESS
MACHINERY/EQUIPMENT
---
Source: PA SECRETARY OF STATE
FILING INFORMATION
Filing Number: 20040404279
Filing Date: 04/16/2004
Filing Time: 3:55PM
Filing Type: ORIGINAL
Filing Office: SECRETARY OF STATE/UCC DIVISION
308 NORTH OFFICE
BUILDING
DEBTOR INFORMATION
Debtor(s): ALLEGHENY LUDLUM CORPORATION
SECURED PARTY OR CREDITOR INFORMATION
Secured
Party(s): NORTH AMERICAN REFRACTORIES
COMPANY
GENERAL COMMENTS
Allegheny Ludlum
Corporation is an well established company engaged in the production and
manufacturing of specialty metals. Suppliers are reporting slow payments and a
search of bankruptcy courts revealed no bankruptcies filed by the Company.
There were some legal actions filed against the Firm, the status is uncertain
as no further information is currently available.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)