Credit Ratings

Corporate Scorecard is an Australian Credit Rating Agency that specialises in providing corporate credit ratings and counterparty risk analysis for the broader business market.

Dependable - The company has built a strong reputation based on the quality and integrity of our credit rating assessment process. The Ratings team consists of highly experienced Chartered Accountants with the technical knowledge and analytical rigor to provide an accurate assessment of the financial viability, capacity and risk profile of a corporate, financial or Government entity and/or a specific financial commitment.

Credible - As a licensed Credit Ratings Agency, Corporate Scorecard provides a forward-looking opinion supported by invaluable industry intelligence and superior forensic and risk diagnostics. Our credit ratings are supplemented with probabilistic assessments of default over the short, medium and long-term, designed to provide an early warning of financial distress.

Experts - The Ratings team is acknowledged for delivering highly credible, comprehensive and authoritative reports that stand up to public and political scrutiny. Corporate Scorecard has provided commercial, financial and risk advisory services for more than twenty-five years, and has established a solid reputation based on an exemplary track record.

Our Commitment

Our commitment is that you receive:

  1. Confidence by obtaining a forward-looking and early warning independent risk assessment
  2. A true picture after translating financial statements and adjusting for accounting distortions
  3. Reliability from investigating beyond numbers to identify risk that is not otherwise apparent
  4. The right recommendations based on the commercial context and key economic dependencies
  5. Dependable advice by scrutinising the financial capacity, operational stability, and key risk sensitivities
  6. Evidence-based data to facilitate debriefing with industry benchmarks and detailed written commentary
  7. Advice that stands up to scrutiny, prepared by highly experienced and qualified Chartered Accountants
  8. An authoritative opinion from a trusted adviser, with an AFS License to provide credit ratings in Australia

Please refer to Corporate Scorecard's 'Rating Services Guide' for more detailed information on the approach, methodology and credit rating assessments relating to an entity's credit quality and/or its capacity to honour contractual commitments.

Ratings Scale

Credit ratings provide an Agency's opinion as to the capacity, viability and willingness of an entity to meet their respective financial commitments. Corporate Scorecard assigns ratings based on the credit worthiness of an entity or a specific financial commitment, and provides probabilistic assessments of default over the short, medium and long-term.

Corporate Scorecard
Credit Rating
Capacity to Meet Commitments
aaa Extremely Strong
aa+  
aa  
aa- Very Strong
a+  
a  
a- Strong
bbb+  
bbb  
bbb- Investment Grade
bb+  
bb Sub Prime
bb-  
b+ Speculative
b  
b- Credit Watch
ccc+  
ccc Highly Vulnerable
ccc-  
cc Severe Financial Distress
c  
d Default