Rating Symbols
A Corporate Scorecard Rating may be assigned additional clarification markers (symbols) to qualify the credit risk assessment as outlined below:
Conditional Rating (#)
A Conditional Rating is used where Corporate Scorecard has rated an entity on the basis of significant risk factors and/or report qualifications, with recommendations providing one or more conditions precedent and/or mitigation action(s) to reduce identified uncertainty and risk.
Provisional Rating (*)
A Provisional Rating is used when the most recent full-year financial figures are draft or are deemed out-of-date. Entities with a provisional rating should be re-evaluated as soon as updated financial statements become available.
Indicative Rating (^)
An Indicative Rating is used where Corporate Scorecard is engaged to conduct preliminary analysis only, and as such an official rating assignment would require a more detailed and comprehensive investigation and due diligence assessment prior to the provision of our professional opinion.