MIRA
INFORM REPORT
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Report Date : |
14.05.2012 |
IDENTIFICATION DETAILS
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Name : |
DESIGN ANALYSIS ASSOCIATES INC |
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Registered Office : |
75 W 100 S, |
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Country : |
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Year of Establishment : |
1972 |
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Legal Form : |
Private Branch Company |
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Line of Business : |
manufacturing instruments for measuring the
characteristics of electricity and electrical signals |
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No. of Employees : |
30 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Design Analysis Associates Inc
75 W 100 S
Tel: 435-753-2212
Fax: 435-753-7669
Web: www.waterlog.com
synthesis
Employees: 30
Company Type: Private Branch
Corporate Family: 251
Companies
Ultimate Parent: ITT
Corporation
Incorporation Date: 1972
Financials in: USD
(Millions)
Reporting Currency: US
Dollar
Annual Sales: 8.0
Total Assets: NA
Business Description
Establishments primarily engaged in manufacturing instruments for
measuring the characteristics of electricity and electrical signals, such as
voltmeters, ammeters, wattmeters, watt-hour meters, demand meters, and
equipment for testing the electrical characteristics of electrical, radio, and
communication circuits and of internal combustion engines.
Industry
Industry Scientific and Technical
Instruments
ANZSIC 2006: 2419 - Other
Professional and Scientific Equipment Manufacturing
NACE 2002: 3320 - Manufacture
of instruments and appliances for measuring, checking, testing, navigating and
other purposes, except industrial process control equipment
NAICS 2002: 334515 -
Instrument Manufacturing for Measuring and Testing Electricity and Electrical
Signals
UK SIC 2003: 3320 - Manufacture
of instruments and appliances for measuring, checking, testing, navigating and
other purposes, except industrial process control equipment
US SIC 1987: 3825 - Instruments
for Measuring and Testing of Electricity and Electrical Signals
Key Executives
(Suggested Email
Format Available)
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Name |
Title |
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William Fletcher |
President |
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Kathy Fletcher |
Finance Executive |
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Gary Baker |
Sales Executive |
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Brandon Banham |
Information Technology |
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Robin Downs |
Contact |
News
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Title |
Date |
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21-Feb-2012 |
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Janney Closes Marquee Banking Deal in the
Water-Analytics Space |
28-Sep-2011 |
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Janney Closes Marquee Banking Deal in the
Water-Analytics Space |
16-Sep-2011 |
ABI Number: 167758796
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
Location
75 W 100 S
Tel: 435-753-2212
Fax: 435-753-7669
Web: www.waterlog.com
Sales USD(mil): 8.0
Assets USD(mil): NA
Employees: 30
Industry: Scientific
and Technical Instruments
Incorporation Date: 1972
Company Type: Private
Branch
Quoted Status: Not
Quoted
President: William
Fletcher
Contents
Industry Codes
Business Description
Product Codes
Brand/Trade Names
Financial Data
Additional Information
Industry Codes
ANZSIC 2006 Codes:
2439 - Other Electrical Equipment Manufacturing
2419 - Other Professional and Scientific Equipment Manufacturing
6910 - Scientific Research Services
NACE 2002 Codes:
7310 - Research and experimental development on natural sciences
and engineering
3320 - Manufacture of instruments and appliances for measuring,
checking, testing, navigating and other purposes, except industrial process
control equipment
3110 - Manufacture of electric motors, generators and transformers
NAICS 2002 Codes:
334519 - Other Measuring and Controlling Device Manufacturing
335311 - Power, Distribution, and Specialty Transformer
Manufacturing
334515 - Instrument Manufacturing for Measuring and Testing
Electricity and Electrical Signals
541710 - Research and Development in the Physical, Engineering, and
Life Sciences
US SIC 1987:
3825 - Instruments for Measuring and Testing of Electricity and
Electrical Signals
3829 - Measuring and Controlling Devices, Not Elsewhere Classified
3612 - Power, Distribution, and Specialty Transformers
873 - Research, Development, and Testing Services
7310 - Research and experimental development on natural sciences
and engineering
3320 - Manufacture of instruments and appliances for measuring,
checking, testing, navigating and other purposes, except industrial process
control equipment
3110 - Manufacture of electric motors, generators and transformers
Business
Description
Establishments
primarily engaged in manufacturing instruments for measuring the
characteristics of electricity and electrical signals, such as voltmeters,
ammeters, wattmeters, watt-hour meters, demand meters, and equipment for
testing the electrical characteristics of electrical, radio, and communication
circuits and of internal combustion engines.
More Business
Descriptions
Manufacturer of
precision water-level monitoring instrumentation for surface and ground water,
tank levels, water treatment plants, artesian and flowing wells, and utility
line pressures. Products include submersible and non-submersible pressure
transducer data loggers, down-hole loggers, gas purge systems, manometer
replacements, shaft encoders, and remote site telemetry links. Products are
sold to multiple industries.
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Credit Report as of 07/01/2011
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Location |
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75 W 100 S Ste: 200 |
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County: |
Cache |
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Phone: |
435-753-2212 |
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Fax: |
435-753-7669 |
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URL: |
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ABI©: |
167758796 |
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Annual Sales: |
$8,010,000 (USD) |
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Employees: |
30 |
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Facility Size(ft2): |
10,000 - 39,999 |
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Facility Own/Lease: |
Lease |
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Business Type: |
Private |
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Location Type: |
Branch |
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Corp. Affiliation: |
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Primary Line of Business: |
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SIC: |
3825-05 |
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NAICS: |
334515 - Electricity & Signal Testing Instruments |
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Secondary Lines of Business: |
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SICs: |
3612-02 - |
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3829-98 - |
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8731-06 - |
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9999-66 - |
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NAICS: |
334519 - Other Measuring & Controlling Device Mfg |
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541710 - Physical, Engineering, & Biological Research |
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335311 - Electric Power & Specialty Transformer Mfg |
Profile Links
Similar Businesses in the Area
Closest Neighbors
External Links
Parent OneSource Profile
Similar Businesses in the Area *
Agilent Technologies Inc
Folsom, CA 95630-4720
Agilent Technologies Inc
JPR Systems Inc
Subminiture Instrument Corp
Analytical Inc
2314 Walsh Ave Ste: A
Santa Clara, CA 95051-1334
Agilent Technologies Inc
1900 Garden Of The Gods Rd
Colorado Springs, CO 80907-3417
Avago Technologies Limited
4380 Ziegler Rd
Fort Collins, CO 80525-9631
Agilent Technologies Inc
3663 W Barcelona Dr
Chandler, AZ 85226-1379
Acqiris Southwest
14 Pinon Ave
Cedar Crest, NM 87008-9715
Agilent Automation Solutions
5301 Stevens Creek Blvd Ste: 4
Santa Clara, CA 95051-7201
* Similar Businesses are
defined as the closest businesses sharing the same six-digit primary SIC code (
3825-05) regardless of size.
Closest Neighbors
Logan North Campus
83 S 100 W
Logan, UT 84321-4515
Summit Counseling Services
2072 N Main St Ste: 101
Logan, UT 84341-1778
Sargent Engineers Inc
95 W 100 S Ste: 115
Logan, UT 84321-5831
Beacon Financial Planning
95 W 100 S Ste: 210
Logan, UT 84321-5811
Bear River Head Start
95 W 100 S Ste: 240
Logan, UT 84321-5811
Summit Counseling Services
2072 N Main St Ste: 101
Logan, UT 84341-1778
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Corporate
Family |
Corporate
Structure News: |
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Design Analysis Associates Inc |
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Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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ITT Corporation |
Parent |
White Plains, NY |
United States |
Miscellaneous Capital Goods |
2,119.0 |
8,500 |
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Acquisition of Blakers Pump Engineers proposed/announced.See corporate structure news on ITT Corporation for details |
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ITT Industries, Cannon Division |
Subsidiary |
Santa Ana, CA |
United States |
Communications Equipment |
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8,500 |
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ITT China |
Subsidiary |
Shanghai, Shanghai |
China |
Metal Mining |
382.0 |
2,000 |
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Subsidiary |
Sundbyberg |
Sweden |
Miscellaneous Capital Goods |
566.4 |
1,576 |
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Subsidiary |
Shenyang, Liaoning |
China |
Auto and Truck Parts |
45.0 |
200 |
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Subsidiary |
Langenhagen, Niedersachsen |
Germany |
Miscellaneous Capital Goods |
101.1 |
185 |
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Subsidiary |
Oslo |
Norway |
Miscellaneous Capital Goods |
56.8 |
118 |
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Subsidiary |
Callao |
Peru |
Crops |
8.1 |
107 |
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Subsidiary |
Quilicura, Santiago |
Chile |
Construction Services |
23.0 |
100 |
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Subsidiary |
Cayirova, Kocaeli |
Turkey |
Miscellaneous Capital Goods |
21.0 |
100 |
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Joint Venture |
Shah Alam, Selangor |
Malaysia |
Miscellaneous Capital Goods |
1.7 |
69 |
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Subsidiary |
East Rand |
South Africa |
Metal Mining |
11.0 |
50 |
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Subsidiary |
Ionia-Athens |
Greece |
Miscellaneous Capital Goods |
2.0 |
50 |
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Subsidiary |
Colonia del Valle, Federal District |
Mexico |
Construction Services |
2.0 |
50 |
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Subsidiary |
Khet Huay-Kwang, Bangkok |
Thailand |
Miscellaneous Capital Goods |
3.6 |
45 |
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Subsidiary |
Vantaa |
Finland |
Miscellaneous Capital Goods |
9.4 |
27 |
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Subsidiary |
Moscow |
Russian Federation |
Metal Mining |
2.0 |
14 |
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Subsidiary |
Thessaloniki |
Greece |
Miscellaneous Capital Goods |
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Subsidiary |
Bratislava |
Slovakia |
Miscellaneous Capital Goods |
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Subsidiary |
Dubai |
United Arab Emirates |
Miscellaneous Capital Goods |
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Subsidiary |
Buenos Aires, Buenos Aires |
Argentina |
Miscellaneous Capital Goods |
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Subsidiary |
Maharashtra |
India |
Miscellaneous Capital Goods |
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Subsidiary |
Ankara, Ankara |
Turkey |
Miscellaneous Capital Goods |
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Division |
Clifton, NJ |
United States |
Electronic Instruments and Controls |
915.6 |
1,200 |
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Subsidiary |
Fort Wayne, IN |
United States |
Electronic Instruments and Controls |
|
1,200 |
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Subsidiary |
Cuneo, Cuneo |
Italy |
Aerospace and Defense |
422.0 |
1,050 |
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Branch |
Amityville, NY |
United States |
Aerospace and Defense |
279.7 |
850 |
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Subsidiary |
Morton Grove, IL |
United States |
Miscellaneous Capital Goods |
249.8 |
750 |
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Subsidiary |
Guelph, ON |
Canada |
Miscellaneous Capital Goods |
|
7 |
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Subsidiary |
Guelph, ON |
Canada |
Miscellaneous Fabricated Products |
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7 |
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Branch |
Cole Harbour, NS |
Canada |
Miscellaneous Capital Goods |
3.6 |
5 |
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Branch |
Land O Lakes, FL |
United States |
Miscellaneous Capital Goods |
2.8 |
3 |
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Division |
Van Nuys, CA |
United States |
Aerospace and Defense |
164.8 |
501 |
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Subsidiary |
Morton Grove, IL |
United States |
Miscellaneous Fabricated Products |
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500 |
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Subsidiary |
Glencoe, ON |
Canada |
Auto and Truck Parts |
|
425 |
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Subsidiary |
Valencia, CA |
United States |
Auto and Truck Parts |
10.5 |
401 |
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Branch |
Orchard Park, NY |
United States |
Medical Equipment and Supplies |
100.0 |
200 |
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Branch |
Ladson, SC |
United States |
Scientific and Technical Instruments |
8.9 |
43 |
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Subsidiary |
Indianapolis, IN |
United States |
Miscellaneous Capital Goods |
|
400 |
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Subsidiary |
Wuxi, Jiangsu |
China |
Miscellaneous Fabricated Products |
|
400 |
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Subsidiary |
Yellow Springs, OH |
United States |
Scientific and Technical Instruments |
|
390 |
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Recently
acquired (previously owned by YSI Inc).See corporate
structure news on ITT
Corporation for details |
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Division |
Yellow Springs, OH |
United States |
Scientific and Technical Instruments |
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250 |
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Division |
Yellow Springs, OH |
United States |
Scientific and Technical Instruments |
|
50 |
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Subsidiary |
San Diego, CA |
United States |
Scientific and Technical Instruments |
26.4 |
45 |
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Division |
San Diego, CA |
United States |
Scientific and Technical Instruments |
|
35 |
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Branch |
Logan, UT |
United States |
Scientific and Technical Instruments |
8.0 |
30 |
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Unit |
Marion, MA |
United States |
Miscellaneous Capital Goods |
|
18 |
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Subsidiary |
Aberdeen |
Hong Kong |
Electronic Instruments and Controls |
1.0 |
7 |
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Branch |
Baton Rouge, LA |
United States |
Miscellaneous Transportation |
3.0 |
4 |
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Branch |
St Petersburg, FL |
United States |
Business Services |
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4 |
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Branch |
St Petersburg, FL |
United States |
Business Services |
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4 |
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Subsidiary |
Buffalo, NY |
United States |
Miscellaneous Capital Goods |
217.6 |
350 |
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Subsidiary |
Cegléd |
Hungary |
Miscellaneous Capital Goods |
67.0 |
350 |
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Subsidiary |
Foothill Ranch, CA |
United States |
Miscellaneous Capital Goods |
80.6 |
300 |
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ITT
Industries Advanced Engineering And Science Division Inc. |
Subsidiary |
Alexandria, VA |
United States |
Engineering Consultants |
|
260 |
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Subsidiary |
Nanjing, Jiangsu |
China |
Aerospace and Defense |
|
252 |
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Subsidiary |
Herndon, VA |
United States |
Engineering Consultants |
270.3 |
251 |
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Division |
Chicago, IL |
United States |
Electronic Instruments and Controls |
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220 |
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Subsidiary |
Santa Ana, CA |
United States |
Fabricated Plastic and Rubber |
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220 |
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Subsidiary |
Boulder, CO |
United States |
Software and Programming |
52.9 |
210 |
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Division |
Monrovia, CA |
United States |
Aerospace and Defense |
65.8 |
200 |
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Subsidiary |
Dong Cheng District, Beijing |
China |
Miscellaneous Capital Goods |
38.0 |
200 |
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Subsidiary |
Santa Ana, CA |
United States |
Miscellaneous Capital Goods |
|
200 |
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Subsidiary |
White Plains, NY |
United States |
Business Services |
|
175 |
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Subsidiary |
Bohemia, NY |
United States |
Biotechnology and Drugs |
|
175 |
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Subsidiary |
Bridgeport, NJ |
United States |
Miscellaneous Capital Goods |
200.0 |
160 |
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Branch |
Houston, TX |
United States |
Miscellaneous Capital Goods |
11.7 |
35 |
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Branch |
Bozrah, CT |
United States |
Retail (Specialty) |
10.7 |
35 |
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Branch |
Mira Loma, CA |
United States |
Miscellaneous Capital Goods |
10.0 |
30 |
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Branch |
Lakeland, FL |
United States |
Rental and Leasing |
5.1 |
28 |
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Branch |
Charlotte, NC |
United States |
Business Services |
16.7 |
25 |
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Branch |
Upper Marlboro, MD |
United States |
Miscellaneous Capital Goods |
13.6 |
25 |
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Branch |
Ashland, VA |
United States |
Miscellaneous Capital Goods |
12.0 |
22 |
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Branch |
Batavia, NY |
United States |
Rental and Leasing |
3.8 |
21 |
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Branch |
Lansing, IL |
United States |
Miscellaneous Capital Goods |
10.9 |
20 |
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Branch |
Garner, NC |
United States |
Miscellaneous Capital Goods |
10.9 |
20 |
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Branch |
San Antonio, TX |
United States |
Rental and Leasing |
2.6 |
20 |
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Branch |
North Charleston, SC |
United States |
Rental and Leasing |
3.5 |
19 |
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Branch |
Chesapeake, VA |
United States |
Rental and Leasing |
3.3 |
18 |
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Branch |
East Brunswick, NJ |
United States |
Miscellaneous Capital Goods |
8.2 |
15 |
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Branch |
Helena, MT |
United States |
Miscellaneous Capital Goods |
8.2 |
15 |
|
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Branch |
Kennesaw, GA |
United States |
Rental and Leasing |
2.7 |
15 |
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Branch |
Chantilly, VA |
United States |
Retail (Specialty) |
4.3 |
14 |
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Branch |
Swedesboro, NJ |
United States |
Retail (Specialty) |
4.3 |
14 |
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Branch |
Ashland, VA |
United States |
Retail (Specialty) |
4.3 |
14 |
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Branch |
Virginia Beach, VA |
United States |
Retail (Specialty) |
4.3 |
14 |
|
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Branch |
Charleston, WV |
United States |
Miscellaneous Capital Goods |
5.4 |
10 |
|
|
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Branch |
Kent, WA |
United States |
Miscellaneous Capital Goods |
5.4 |
10 |
|
|
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Branch |
Hubbard, OR |
United States |
Miscellaneous Capital Goods |
5.4 |
10 |
|
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Branch |
Corpus Christi, TX |
United States |
Rental and Leasing |
1.3 |
10 |
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Branch |
Boston, MA |
United States |
Miscellaneous Capital Goods |
4.9 |
9 |
|
|
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Branch |
Jacksonville, FL |
United States |
Rental and Leasing |
1.3 |
7 |
|
|
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Branch |
Painesville, OH |
United States |
Rental and Leasing |
0.9 |
7 |
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Branch |
Austin, TX |
United States |
Rental and Leasing |
0.9 |
7 |
|
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Branch |
Leetsdale, PA |
United States |
Construction and Agriculture Machinery |
4.9 |
6 |
|
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Branch |
Leland, NC |
United States |
Business Services |
4.0 |
6 |
|
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Branch |
Charlotte, NC |
United States |
Business Services |
4.0 |
6 |
|
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Branch |
Baltimore, MD |
United States |
Miscellaneous Capital Goods |
3.3 |
6 |
|
|
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Branch |
Torrance, CA |
United States |
Miscellaneous Capital Goods |
2.2 |
4 |
|
|
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Branch |
Beaumont, TX |
United States |
Miscellaneous Capital Goods |
2.2 |
4 |
|
|
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Branch |
Deer Park, TX |
United States |
Miscellaneous Capital Goods |
2.2 |
4 |
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Branch |
Garner, NC |
United States |
Miscellaneous Capital Goods |
2.2 |
4 |
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Branch |
Lynden, WA |
United States |
Retail (Specialty) |
0.9 |
3 |
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Branch |
Carson, CA |
United States |
Rental and Leasing |
0.3 |
2 |
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Subsidiary |
Cirencester |
United Kingdom |
Business Services |
0.0 |
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Branch |
Rome, NY |
United States |
Engineering Consultants |
31.1 |
150 |
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Branch |
Colorado Springs, CO |
United States |
Business Services |
27.6 |
150 |
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Subsidiary |
Vadodara, Gujarat |
India |
Aerospace and Defense |
|
150 |
|
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Subsidiary |
Herndon, VA |
United States |
Electronic Instruments and Controls |
|
150 |
|
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Subsidiary |
College Station, TX |
United States |
Scientific and Technical Instruments |
20.0 |
126 |
|
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Subsidiary |
Pelham, AL |
United States |
Chemical Manufacturing |
17.5 |
47 |
|
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Subsidiary |
Amory, MS |
United States |
Miscellaneous Fabricated Products |
27.2 |
125 |
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|
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Subsidiary |
Newton, MA |
United States |
Business Services |
75.5 |
105 |
|
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Subsidiary |
Watertown, CT |
United States |
Electronic Instruments and Controls |
|
60 |
|
|
|
Subsidiary |
Lainate, Milano |
Italy |
Miscellaneous Capital Goods |
29.0 |
104 |
|
|
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Subsidiary |
Tsuen Wan, New Territories |
Hong Kong |
Miscellaneous Capital Goods |
27.0 |
100 |
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Branch |
Walpole, MA |
United States |
Fabricated Plastic and Rubber |
26.9 |
100 |
|
|
|
Subsidiary |
Riyadh, Ar Riyad |
Saudi Arabia |
Construction Services |
20.0 |
100 |
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Aerospace and Defense |
12.6 |
100 |
|
|
|
ITT Brasil
Equipamentos Para Bombeamento E Tratamento De agua E Efluentes Ltda |
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Electronic Instruments and Controls |
12.0 |
100 |
|
|
Subsidiary |
Colorado Springs, CO |
United States |
Engineering Consultants |
|
100 |
|
|
|
Subsidiary |
Salto, Sao Paulo |
Brazil |
Miscellaneous Capital Goods |
10.0 |
90 |
|
|
|
Branch |
Baton Rouge, LA |
United States |
Construction - Supplies and Fixtures |
31.0 |
80 |
|
|
|
Branch |
Washington, DC |
United States |
Business Services |
14.7 |
80 |
|
|
|
Subsidiary |
Watertown, CT |
United States |
Aerospace and Defense |
19.5 |
75 |
|
|
|
Subsidiary |
Annapolis Junction, MD |
United States |
Business Services |
|
75 |
|
|
|
Branch |
Albuquerque, NM |
United States |
Aerospace and Defense |
23.0 |
70 |
|
|
|
Subsidiary |
Milwaukee, WI |
United States |
Miscellaneous Capital Goods |
21.8 |
70 |
|
|
|
Subsidiary |
Huntsville, AL |
United States |
Schools |
|
70 |
|
|
|
Subsidiary |
Trumbull, CT |
United States |
Miscellaneous Fabricated Products |
|
70 |
|
|
|
Subsidiary |
Charlotte, NC |
United States |
Construction Services |
|
70 |
|
|
|
Division |
Charlotte, NC |
United States |
Miscellaneous Fabricated Products |
|
65 |
|
|
|
Branch |
Panama City, FL |
United States |
Aerospace and Defense |
19.7 |
60 |
|
|
|
Branch |
Colorado Springs, CO |
United States |
Business Services |
11.0 |
60 |
|
|
|
Subsidiary |
White Plains, NY |
United States |
Public Sector and Government |
|
60 |
|
|
|
Subsidiary |
Cleveland, OH |
United States |
Electronic Instruments and Controls |
69.0 |
50 |
|
|
|
Subsidiary |
Ladson, SC |
United States |
Miscellaneous Capital Goods |
11.4 |
21 |
|
|
|
Subsidiary |
Gloucester, MA |
United States |
Miscellaneous Fabricated Products |
48.8 |
50 |
|
|
|
Branch |
New Bedford, MA |
United States |
Miscellaneous Capital Goods |
9.8 |
18 |
|
|
|
Subsidiary |
White Plains, NY |
United States |
Scientific and Technical Instruments |
27.2 |
50 |
|
|
|
Subsidiary |
Buffalo, NY |
United States |
Aerospace and Defense |
200.0 |
1,120 |
|
|
|
Branch |
Aurora, CO |
United States |
Retail (Technology) |
17.2 |
50 |
|
|
|
Subsidiary |
Danvers, MA |
United States |
Miscellaneous Capital Goods |
|
50 |
|
|
|
Subsidiary |
Muang District, Rayong |
Thailand |
Miscellaneous Capital Goods |
3.9 |
47 |
|
|
|
Subsidiary |
New York, NY |
United States |
Business Services |
10.4 |
45 |
|
|
|
Division |
Arlington, VA |
United States |
Business Services |
|
700 |
|
|
|
Division |
Amityville, NY |
United States |
Aerospace and Defense |
|
390 |
|
|
|
Division |
Lancaster, CA |
United States |
Aerospace and Defense |
79.3 |
200 |
|
|
|
Subsidiary |
Parsippany, NJ |
United States |
Aerospace and Defense |
13.2 |
40 |
|
|
|
Division |
Salt Lake City, UT |
United States |
Chemical Manufacturing |
1.9 |
4 |
|
|
|
Branch |
Thousand Oaks, CA |
United States |
Engineering Consultants |
2.5 |
38 |
|
|
|
Subsidiary |
Lowell, MA |
United States |
Business Services |
10.3 |
35 |
|
|
|
Subsidiary |
Preston |
United Kingdom |
Miscellaneous Fabricated Products |
9.0 |
35 |
|
|
|
Branch |
Salt Lake City, UT |
United States |
Aerospace and Defense |
10.5 |
32 |
|
|
|
Branch |
Panama City, FL |
United States |
Aerospace and Defense |
10.5 |
32 |
|
|
|
Branch |
Sylmar, CA |
United States |
Aerospace and Defense |
10.5 |
32 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
8.1 |
30 |
|
|
|
Branch |
Arlington, VA |
United States |
Business Services |
5.5 |
30 |
|
|
|
Subsidiary |
Cullman, AL |
United States |
Business Services |
0.7 |
30 |
|
|
|
Subsidiary |
Boalsburg, PA |
United States |
Biotechnology and Drugs |
|
30 |
|
|
|
Subsidiary |
Wilmington, DE |
United States |
Aerospace and Defense |
|
30 |
|
|
|
Branch |
Davie, FL |
United States |
Electronic Instruments and Controls |
5.7 |
28 |
|
|
|
Branch |
Arlington, VA |
United States |
Aerospace and Defense |
8.6 |
26 |
|
|
|
Subsidiary |
Hebron, KY |
United States |
Miscellaneous Capital Goods |
4.9 |
25 |
|
|
|
Subsidiary |
New Orleans, LA |
United States |
Scientific and Technical Instruments |
|
25 |
|
|
|
Branch |
Carrollton, TX |
United States |
Aerospace and Defense |
7.2 |
22 |
|
|
|
Division |
The Woodlands, TX |
United States |
Miscellaneous Fabricated Products |
4.5 |
20 |
|
|
|
Subsidiary |
Bad König, Hessen |
Germany |
Business Services |
5.3 |
16 |
|
|
|
Subsidiary |
Bad König, Hessen |
Germany |
Retail (Specialty) |
|
13 |
|
|
|
Division |
Foothill Ranch, CA |
United States |
Miscellaneous Capital Goods |
|
15 |
|
|
|
Subsidiary |
Remseck |
Germany |
Miscellaneous Capital Goods |
10.0 |
14 |
|
|
|
Branch |
Columbia, MD |
United States |
Engineering Consultants |
2.9 |
14 |
|
|
|
Subsidiary |
North Salt Lake, UT |
United States |
Electronic Instruments and Controls |
|
14 |
|
|
|
Subsidiary |
Bellevue, NE |
United States |
Business Services |
|
13 |
|
|
|
Subsidiary |
Warsaw |
Poland |
Aerospace and Defense |
|
13 |
|
|
|
Division |
West Palm Beach, FL |
United States |
Miscellaneous Fabricated Products |
4.4 |
12 |
|
|
|
Branch |
Newport News, VA |
United States |
Aerospace and Defense |
3.9 |
12 |
|
|
|
Subsidiary |
Gilching, Bayern |
Germany |
Retail (Technology) |
|
12 |
|
|
|
Subsidiary |
New York, NY |
United States |
Computer Networks |
|
12 |
|
|
|
Branch |
Lafayette, LA |
United States |
Biotechnology and Drugs |
|
12 |
|
|
|
Division |
Lancaster, PA |
United States |
Miscellaneous Fabricated Products |
5.7 |
10 |
|
|
|
Branch |
Philadelphia, PA |
United States |
Engineering Consultants |
2.1 |
10 |
|
|
|
Subsidiary |
Studio City, CA |
United States |
Real Estate Operations |
1.3 |
10 |
|
|
|
Subsidiary |
Greensboro, NC |
United States |
Business Services |
5.0 |
9 |
|
|
|
Branch |
Dayton, OH |
United States |
Aerospace and Defense |
3.0 |
9 |
|
|
|
Branch |
New Castle, DE |
United States |
Engineering Consultants |
1.9 |
9 |
|
|
|
Subsidiary |
Vimercate, Milan |
Italy |
Electronic Instruments and Controls |
6.8 |
8 |
|
|
|
Branch |
Twinsburg, OH |
United States |
Auto and Truck Parts |
3.1 |
7 |
|
|
|
Branch |
Rochester, NY |
United States |
Auto and Truck Parts |
3.1 |
7 |
|
|
|
Branch |
Wilmington, DE |
United States |
Auto and Truck Parts |
3.1 |
7 |
|
|
|
Branch |
New Fairfield, CT |
United States |
Construction Services |
1.1 |
7 |
|
|
|
Subsidiary |
Eatontown, NJ |
United States |
Business Services |
|
7 |
|
|
|
Subsidiary |
Nogales, AZ |
United States |
Miscellaneous Transportation |
|
7 |
|
|
|
Subsidiary |
Lawrenceville, GA |
United States |
Aerospace and Defense |
3.9 |
6 |
|
|
|
Branch |
Collierville, TN |
United States |
Miscellaneous Capital Goods |
3.4 |
6 |
|
|
|
Branch |
City Of Industry, CA |
United States |
Miscellaneous Capital Goods |
3.3 |
6 |
|
|
|
Branch |
Pewaukee, WI |
United States |
Miscellaneous Capital Goods |
3.3 |
6 |
|
|
|
Subsidiary |
Sumter, SC |
United States |
Communications Services |
|
6 |
|
|
|
Branch |
Odon, IN |
United States |
Retail (Technology) |
1.6 |
5 |
|
|
|
Branch |
Easton, PA |
United States |
Retail (Technology) |
1.6 |
5 |
|
|
|
Branch |
Beavercreek, OH |
United States |
Retail (Technology) |
1.6 |
5 |
|
|
|
Subsidiary |
Newark, NY |
United States |
Electronic Instruments and Controls |
1.0 |
5 |
|
|
|
Branch |
Bowie, MD |
United States |
Scientific and Technical Instruments |
2.6 |
4 |
|
|
|
Subsidiary |
Attleboro, MA |
United States |
Aerospace and Defense |
2.6 |
4 |
|
|
|
Subsidiary |
Concorezzo |
Italy |
Electronic Instruments and Controls |
1.7 |
4 |
|
|
|
Branch |
Middletown, RI |
United States |
Aerospace and Defense |
1.3 |
4 |
|
|
|
Branch |
Offutt Afb, NE |
United States |
Aerospace and Defense |
1.3 |
4 |
|
|
|
Branch |
Lake Mary, FL |
United States |
Miscellaneous Fabricated Products |
0.8 |
4 |
|
|
|
Branch |
Half Moon Bay, CA |
United States |
Construction Services |
0.7 |
4 |
|
|
|
Branch |
Woburn, MA |
United States |
Broadcasting and Cable Television |
1.0 |
3 |
|
|
|
Branch |
Miami, FL |
United States |
Miscellaneous Capital Goods |
1.0 |
3 |
|
|
|
Branch |
Colorado Springs, CO |
United States |
Miscellaneous Capital Goods |
1.0 |
3 |
|
|
|
Branch |
Warner Robins, GA |
United States |
Aerospace and Defense |
1.0 |
3 |
|
|
|
Branch |
Pickerington, OH |
United States |
Scientific and Technical Instruments |
0.8 |
3 |
|
|
|
Branch |
Patrick Afb, FL |
United States |
Engineering Consultants |
0.6 |
3 |
|
|
|
Branch |
Fort Gordon, GA |
United States |
Business Services |
0.6 |
3 |
|
|
|
Subsidiary |
Anaheim, CA |
United States |
Electronic Instruments and Controls |
0.6 |
3 |
|
|
|
Branch |
Springfield, PA |
United States |
Business Services |
0.5 |
3 |
|
|
|
Subsidiary |
White Plains, NY |
United States |
Business Services |
|
3 |
|
|
|
Subsidiary |
White Plains, NY |
United States |
Business Services |
|
3 |
|
|
|
Subsidiary |
Columbia, MD |
United States |
Software and Programming |
|
3 |
|
|
|
Subsidiary |
Lompoc, CA |
United States |
Personal Services |
|
3 |
|
|
|
Branch |
Mission, TX |
United States |
Aerospace and Defense |
0.7 |
2 |
|
|
|
Branch |
Warner Robins, GA |
United States |
Scientific and Technical Instruments |
0.5 |
2 |
|
|
|
Branch |
Laguna Hills, CA |
United States |
Construction Services |
0.3 |
2 |
|
|
|
Branch |
Doral, FL |
United States |
Business Services |
0.3 |
2 |
|
|
|
Subsidiary |
Warner Robins, GA |
United States |
Electronic Instruments and Controls |
|
2 |
|
|
|
Subsidiary |
Redmond, WA |
United States |
Electronic Instruments and Controls |
|
2 |
|
|
|
Subsidiary |
Toronto, ON |
Canada |
Scientific and Technical Instruments |
0.7 |
1 |
|
|
|
Branch |
Washington, DC |
United States |
Miscellaneous Capital Goods |
0.5 |
1 |
|
|
|
Subsidiary |
Evans, GA |
United States |
Communications Services |
0.3 |
1 |
|
|
|
Branch |
Langley Afb, VA |
United States |
Electronic Instruments and Controls |
0.2 |
1 |
|
|
|
Branch |
Wheeler Aaf, HI |
United States |
Business Services |
0.2 |
1 |
|
|
|
Subsidiary |
Oud Beijerland |
Netherlands |
Auto and Truck Parts |
88.5 |
|
|
|
|
Subsidiary |
Oud-Beijerland |
Netherlands |
Auto and Truck Parts |
75.0 |
|
|
|
|
Subsidiary |
Dallas, TX |
United States |
Miscellaneous Capital Goods |
74.9 |
|
|
|
|
Branch |
Boynton Beach, FL |
United States |
Scientific and Technical Instruments |
19.0 |
70 |
|
|
|
Branch |
Troutman, NC |
United States |
Construction and Agriculture Machinery |
3.5 |
7 |
|
|
|
Subsidiary |
Kaiserslautern |
Germany |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
San Jose, CA |
United States |
Aerospace and Defense |
|
|
|
|
|
Subsidiary |
Salt Lake City, UT |
United States |
Aerospace and Defense |
|
|
|
|
|
Subsidiary |
Kyiv |
Ukraine |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Aerospace and Defense |
|
|
|
|
|
Subsidiary |
Cartagena, Bolivar |
Colombia |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Calamba, Laguna |
Philippines |
Aerospace and Defense |
|
|
|
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Torreon, Coahuila |
Mexico |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
East Rand |
South Africa |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Nogales, Sonora |
Mexico |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Wilmington, DE |
United States |
Printing Services |
|
|
|
|
Executive report
|
Executives |
|
|
|
|
||||
|
President |
President |
|
||||
|
|||||||
|
Finance Executive |
Finance Executive |
|
|
|||
|
Sales Executive |
Sales Executive |
|
|
|||
|
|||||||
|
Marketing |
Marketing Executive |
|
|
|||
|
Information Technology |
Information Executive |
|
|
|||
|
Information Technology |
Information Executive |
|
|
|||
|
Contact |
Other |
|
|
|||
Standard &
Poor’s
|
United
States of America Long-Term Rating Lowered To 'AA+' Due To Political Risks,
Rising Debt Burden; Outlook Negative |
|
Publication
date: 05-Aug-2011 20:13:14 EST |
·
We have lowered our long-term
sovereign credit rating on the United States of America to 'AA+' from 'AAA' and
affirmed the 'A-1+' short-term rating.
·
We have also removed both the short- and long-term ratings
from CreditWatch negative.
·
The downgrade reflects our opinion
that the fiscal consolidation plan that Congress and the Administration
recently agreed to falls short of what, in our view, would be necessary to
stabilize the government's medium-term debt dynamics.
·
More broadly, the downgrade
reflects our view that the effectiveness, stability, and predictability of
American policymaking and political institutions have weakened at a time of
ongoing fiscal and economic challenges to a degree more than we envisioned when
we assigned a negative outlook to the rating on April 18, 2011.
·
Since then, we have changed our
view of the difficulties in bridging the gulf between the political parties
over fiscal policy, which makes us pessimistic about the capacity of Congress
and the Administration to be able to leverage their agreement this week into a
broader fiscal consolidation plan that stabilizes the government's debt
dynamics any time soon.
·
The outlook on the long-term rating
is negative. We could lower the long-term rating to 'AA' within the next two
years if we see that less reduction in spending than agreed to, higher interest
rates, or new fiscal pressures during the period result in a higher general
government debt trajectory than we currently assume in our base case.
TORONTO (Standard &
Poor's) Aug. 5, 2011--Standard & Poor's Ratings Services said today that it
lowered its long-term sovereign credit rating on the United States of America
to 'AA+' from 'AAA'. Standard & Poor's also said that the outlook on the
long-term rating is negative. At the same time, Standard & Poor's affirmed its
'A-1+' short-term rating on the U.S. In addition, Standard & Poor's removed
both ratings from CreditWatch, where they were placed on July 14, 2011, with
negative implications.
The
transfer and convertibility (T&C) assessment of the U.S.--our assessment of
the likelihood of official interference in the ability of U.S.-based public-
and private-sector issuers to secure foreign exchange for
debt service--remains
'AAA'.
We lowered our long-term
rating on the U.S. because we believe that the prolonged controversy over
raising the statutory debt ceiling and the related fiscal policy debate
indicate that further near-term progress containing the growth in public
spending, especially on entitlements, or on reaching an agreement on raising
revenues is less likely than we previously assumed and will remain a
contentious and fitful process. We also believe that the fiscal consolidation
plan that Congress and the Administration agreed to this week falls short of
the amount that we believe is necessary to stabilize the general government
debt burden by the middle of the decade.
Our lowering of the
rating was prompted by our view on the rising public debt burden and our perception of greater policymaking uncertainty, consistent with our
criteria (see "Sovereign Government Rating Methodology and
Assumptions ," June 30, 2011,
especially Paragraphs 36-41). Nevertheless, we view the U.S. federal
government's other economic, external, and monetary credit attributes, which
form the basis for the sovereign rating, as broadly unchanged.
We have taken the ratings
off CreditWatch because the Aug. 2 passage of the Budget Control Act Amendment
of 2011 has removed any perceived immediate threat of payment default posed by
delays to raising the government's debt ceiling. In addition, we believe that
the act provides sufficient clarity to allow us to evaluate the likely course
of U.S. fiscal policy for the next few years.
The
political brinksmanship of recent months highlights what we see as America's
governance and policymaking becoming less stable, less effective, and less
predictable than what we previously believed. The statutory debt ceiling and
the threat of default have become political bargaining chips in the debate over
fiscal policy. Despite this year's wide-ranging debate, in our view, the
differences between political parties have proven to be extraordinarily
difficult to bridge, and, as we see it, the resulting agreement fell well short
of the comprehensive fiscal consolidation program that some proponents had
envisaged until quite recently. Republicans and Democrats have only been able
to agree to relatively modest savings on discretionary spending while
delegating to the Select Committee decisions on more comprehensive measures. It
appears that for now, new revenues have dropped down on the menu of policy
options. In addition, the plan envisions only minor policy changes on Medicare
and little change in other entitlements,
the containment of which
we and most other independent observers regard as key to long-term fiscal
sustainability.
Our opinion is that
elected officials remain wary of tackling the structural issues required to
effectively address the rising U.S. public debt burden in a manner consistent
with a 'AAA' rating and with 'AAA' rated sovereign peers (see Sovereign Government Rating Methodology and
Assumptions," June 30, 2011,
especially Paragraphs 36-41). In our view, the difficulty in framing a
consensus on fiscal policy weakens the government's ability to manage public
finances and diverts attention from the debate over how to achieve more
balanced and dynamic economic growth in an era of fiscal stringency and
private-sector deleveraging (ibid). A new political consensus might (or might
not) emerge after the 2012 elections, but we believe that by then, the
government debt burden will likely be higher, the needed medium-term fiscal
adjustment potentially greater, and the inflection point on the U.S.
population's demographics and other age-related spending drivers closer at hand
(see "Global Aging 2011: In The U.S., Going Gray Will Likely
Cost Even More Green, Now,"
June 21, 2011).
Standard & Poor's
takes no position on the mix of spending and revenue measures that Congress and
the Administration might conclude is appropriate for putting the U.S.'s
finances on a sustainable footing.
The act calls for as much
as $2.4 trillion of reductions in expenditure growth over the 10 years through
2021. These cuts will be implemented in two steps: the $917 billion agreed to
initially, followed by an additional $1.5 trillion that the newly formed
Congressional Joint Select Committee on Deficit Reduction is supposed to
recommend by November 2011. The act contains no measures to raise taxes or
otherwise enhance revenues, though the committee could recommend them.
The act further provides
that if Congress does not enact the committee's recommendations, cuts of $1.2
trillion will be implemented over the same time period. The reductions would
mainly affect outlays for civilian discretionary spending, defense, and
Medicare. We understand that this fall-back mechanism is designed to encourage
Congress to embrace a more balanced mix of expenditure savings, as the
committee might recommend.
We note that in a letter to
Congress on Aug. 1, 2011, the Congressional Budget Office (CBO) estimated total
budgetary savings under the act to be at least $2.1 trillion over the next 10
years relative to its baseline assumptions. In updating our own fiscal
projections, with certain modifications outlined below, we have relied on the
CBO's latest "Alternate Fiscal Scenario" of June 2011, updated to
include the CBO assumptions contained in its Aug. 1 letter to Congress. In
general, the CBO's "Alternate Fiscal Scenario" assumes a continuation
of recent Congressional action overriding existing law.
We view the act's
measures as a step toward fiscal consolidation. However, this is within the
framework of a legislative mechanism that leaves open the details of what is
finally agreed to until the end of 2011, and Congress and the Administration
could modify any agreement in the future. Even assuming that at least $2.1
trillion of the spending reductions the act envisages are implemented, we
maintain our view that the U.S. net general government debt burden (all levels
of government combined, excluding liquid financial assets) will likely continue
to grow. Under our revised base case fiscal scenario--which we consider to be
consistent with a 'AA+' long-term rating and a negative outlook--we now project
that net general government debt would rise from an estimated 74% of GDP by the
end of 2011 to 79% in 2015 and 85% by 2021. Even the projected 2015 ratio of
sovereign indebtedness is high in relation to those of peer credits and, as
noted, would continue to rise under the act's revised policy settings.
Compared with previous
projections, our revised base case scenario now assumes that the 2001 and 2003
tax cuts, due to expire by the end of 2012, remain in place. We have changed
our assumption on this because the majority of Republicans in Congress continue
to resist any measure that would raise revenues, a position we believe Congress
reinforced by passing the act. Key macroeconomic assumptions in the base case
scenario include trend real GDP growth of 3% and consumer price inflation near
2% annually over the decade.
Our revised upside
scenario--which, other things being equal, we view as consistent with the
outlook on the 'AA+' long-term rating being revised to stable--retains these
same macroeconomic assumptions. In addition, it incorporates $950 billion of
new revenues on the assumption that the 2001 and 2003 tax cuts for high earners
lapse from 2013 onwards, as the Administration is advocating. In this scenario,
we project that the net general government debt would rise from an estimated
74% of GDP by the end of 2011 to 77% in 2015 and to 78% by 2021.
Our revised downside
scenario--which, other things being equal, we view as being consistent with a
possible further downgrade to a 'AA' long-term rating--features less-favorable
macroeconomic assumptions, as outlined below and also assumes that the second
round of spending cuts (at least $1.2 trillion) that the act calls for does not
occur. This scenario also assumes somewhat higher nominal interest rates for
U.S. Treasuries. We still believe that the role of the U.S. dollar as the key
reserve currency confers a government funding advantage, one that could change
only slowly over time, and that Fed policy might lean toward continued loose
monetary policy at a time of fiscal tightening. Nonetheless, it is possible
that interest rates could rise if investors re-price relative risks. As a
result, our alternate scenario factors in a 50 basis point (bp)-75 bp rise in
10-year bond yields relative to the base and upside cases from 2013 onwards. In
this scenario, we project the net public debt burden would rise from 74% of GDP
in 2011 to 90% in 2015 and to 101% by 2021.
Our revised scenarios
also take into account the significant negative revisions to historical GDP
data that the Bureau of Economic Analysis announced on July 29. From our
perspective, the effect of these revisions underscores two related points when
evaluating the likely debt trajectory of the U.S. government. First, the
revisions show that the recent recession was deeper than previously assumed, so
the GDP this year is lower than previously thought in both nominal and real
terms. Consequently, the debt burden is slightly higher. Second, the revised
data highlight the sub-par path of the current economic recovery when compared
with rebounds following previous post-war recessions. We believe the sluggish
pace of the current economic recovery could be consistent with the experiences
of countries that have had financial crises in which the slow process of debt
deleveraging in the private sector leads to a persistent drag on demand. As a
result, our downside case scenario assumes relatively modest real trend GDP
growth of 2.5% and inflation of near 1.5% annually going forward.
When comparing the U.S.
to sovereigns with 'AAA' long-term ratings that we view as relevant
peers--Canada, France, Germany, and the U.K.--we also observe, based on our
base case scenarios for each, that the trajectory of the U.S.'s net public debt
is diverging from the others. Including the U.S., we estimate that these five
sovereigns will have net general government debt to GDP ratios this year
ranging from 34% (Canada) to 80% (the U.K.), with the U.S. debt burden at 74%.
By 2015, we project that their net public debt to GDP ratios will range between
30% (lowest, Canada) and 83% (highest, France), with the U.S. debt burden at
79%. However, in contrast with the U.S., we project that the net public debt
burdens of these other sovereigns will begin to decline, either before or by
2015.
Standard & Poor's
transfer T&C assessment of the U.S. remains 'AAA'. Our T&C assessment
reflects our view of the likelihood of the sovereign restricting other public
and private issuers' access to foreign exchange needed to meet debt service.
Although in our view the credit standing of the U.S. government has
deteriorated modestly, we see little indication that official interference of
this kind is entering onto the policy agenda of either Congress or the
Administration. Consequently, we continue to view this risk as being highly
remote.
The outlook on the
long-term rating is negative. As our downside alternate fiscal scenario
illustrates, a higher public debt trajectory than we currently assume could
lead us to lower the long-term rating again. On the other hand, as our upside
scenario highlights, if the recommendations of the Congressional Joint Select
Committee on Deficit Reduction--independently or coupled with other
initiatives, such as the lapsing of the 2001 and 2003 tax cuts for high earners--lead
to fiscal consolidation measures beyond the minimum mandated, and we believe
they are likely to slow the deterioration of the government's debt dynamics,
the long-term rating could stabilize at 'AA+'.
On Monday,
we will issue separate releases concerning affected ratings in the funds,
government-related entities, financial institutions, insurance, public finance,
and structured finance sectors.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.64 |
|
UK Pound |
1 |
Rs.86.42 |
|
Euro |
1 |
Rs.69.29 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
Capability to overcome financial difficulties seems comparatively below
average. |
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 |
|
---- |
NB |
New Business |
---- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.