Short-term Credit Ratings
Fitch's short-term ratings indicate the potential level of default within a 12-month period.
- F1+ : best quality grade, indicating exceptionally strong capacity of obligor to meet its financial commitment
- F1 : best quality grade, indicating strong capacity of obligor to meet its financial commitment
- F2 : good quality grade with satisfactory capacity of obligor to meet its financial commitment
- F3 : fair quality grade with adequate capacity of obligor to meet its financial commitment but near term adverse conditions could impact the obligor's commitments
- B : of speculative nature and obligor has minimal capacity to meet its commitment and vulnerability to short term adverse changes in financial and economic conditions
- C : possibility of default is high and the financial commitment of the obligor are dependent upon sustained, favorable business and economic conditions
- D : the obligor is in default as it has failed on its financial commitments.
Read more about this topic: Fitch Group
Famous quotes containing the words short-term and/or credit:
“I still believe that if your aim is to change the world, journalism is a more immediate short-term weapon.”
—Tom Stoppard (b. 1937)
“If you want to be on good terms with everyone in this world, sell goods on credit and never ask for payment.”
—Chinese proverb.