NKR Agency confirms TMK's rating at A+.ru
The National Credit Ratings Rating Agency (NCR) has confirmed the credit rating of the Pipe Metallurgical Company (TMK) at A+.ru , which corresponds to a moderately high level of creditworthiness and financial stability. The forecast is defined as "stable".
The company was assessed according to its business profile, financial profile, and management level. The high assessment of the business profile is due to the extensive geography of sales markets, the diversification of consumers and the concentration of assets. Experts also noted the high liquidity. The quality of the management system and strategic planning are traditionally assessed by the agency as high, and the level of risk management as consistent with best practices.
Comparative analysis (or peer-analysis) He identified the following competitive advantages of TMK: leading positions in the market, the widest possible product diversification, as well as the application of best corporate governance practices.
The NKR Credit Rating Agency, part of the RBC Group of companies, was established and included by the Central Bank of the Russian Federation in the register of accredited companies in 2019. The credit rating assigned by the NKR reflects the agency's experts' assessment of the rated organization's ability to fulfill its financial obligations, as well as the degree of its credit risk. The scale consists of 10 rating categories (from D to AAA), each of which (except for the highest AAA and lowest D) is divided into three levels. TMK's rating was first published by the agency in 2022.