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Showing posts from January 23, 2022

Ameresco Inc Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 10:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model For new issuers, while our ratings are prospective, we will not include proposed financing as a source in our liquidity calculations until the financing has been obtained or is fully underwritten. Similarly, we would not include rights issues as a source of liquidity for a company, unless the rights issue is irrevocably guaranteed (for example, an underwriter agrees to buy any securities not taken up by existing holders). Rating Model for Ameresco Inc: We estimate the credit risk parameters by KDJ and Paired T-Test Credit Ratings for Ameresco Inc as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba2 Ba3 Semantic Signals 41 80 Financial Signals 71 78 Risk Signals 90 34 Substantial Risks 90 75 Speculative Signals 54 54 *Machine Learning u

Ford Motor Company Common Stock Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 10:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model When assessing strong or exceptional liquidity, we include all forecasted capital expenditures over the next 24 months, including discretionary growth capital spending. Rating Model for Ford Motor Company Common Stock: We estimate the credit risk parameters by Running Moving Average (RMA) and Wilcoxon Rank-Sum Test Credit Ratings for Ford Motor Company Common Stock as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 B2 Semantic Signals 56 68 Financial Signals 54 48 Risk Signals 72 63 Substantial Risks 74 42 Speculative Signals 75 41 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vector Ma

INCE GROUP PLC (THE) Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 09:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model Our view of a company's financial policy is an important input when assessing its current and future liquidity position. For instance, we assess whether a company has historically had a higher risk appetite and an aggressive acquisition strategy that has strained its liquidity position, or whether it has taken actions to preserve liquidity in past downturns. Rating Model for INCE GROUP PLC (THE): We estimate the credit risk parameters by Williams %R and Polynomial Regression Credit Ratings for INCE GROUP PLC (THE) as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 B2 Semantic Signals 57 35 Financial Signals 83 67 Risk Signals 58 87 Substantial Risks 51 41 Speculative Signals 43 45 *Machine Learning utilizes multiple learning algor

HeBei Jinniu Chemical Industry Co.,Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 09:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model When evaluating uses of liquidity, we include all debt maturities over the liquidity horizon that are either recourse to the company, or nonrecourse that we believe the company will support even in times of stress. In cases where the debt includes a put option held by debtholders, we will consider the date of the put option the effective debt maturity--i.e., we will assume the debt will need to be repaid/refinanced on the day the put can be first exercised. Rating Model for HeBei Jinniu Chemical Industry Co.,Ltd: We estimate the credit risk parameters by Commodity Channel Index and Linear Regression Credit Ratings for HeBei Jinniu Chemical Industry Co.,Ltd as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba1 B2 Semantic Signals 82 88 Financ

Hamaton Automotive Technology Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 08:55:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model When assessing strong or exceptional liquidity, we include all forecasted capital expenditures over the next 24 months, including discretionary growth capital spending. Rating Model for Hamaton Automotive Technology Co Ltd: We estimate the credit risk parameters by Moving Average Convergence Divergence (MACD) and Multiple Regression Credit Ratings for Hamaton Automotive Technology Co Ltd as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 B2 Semantic Signals 44 75 Financial Signals 84 30 Risk Signals 49 40 Substantial Risks 33 74 Speculative Signals 55 43 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network

Tortoise Acquisition Corp Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 08:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model For exceptional and strong liquidity assessments, we characterize standing in the credit markets as generally high, and for adequate liquidity, we view standing in the credit markets as satisfactory. We distinguish between these descriptors based on analytical judgment and mainly consider the diversity of funding sources available to an entity. Rating Model for Tortoise Acquisition Corp: We estimate the credit risk parameters by Price Oscillator (PPO) and Spearman Correlation Credit Ratings for Tortoise Acquisition Corp as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 B3 Semantic Signals 72 32 Financial Signals 37 65 Risk Signals 64 40 Substantial Risks 30 68 Speculative Signals 75 34 *Machine Learning utilizes multiple learning alg

Service Properties Trust Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 07:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model In our assessment of a company's liquidity, we also consider the impact of unique industry characteristics. Rating Model for Service Properties Trust: We estimate the credit risk parameters by Dynatron Oscillators and Polynomial Regression Credit Ratings for Service Properties Trust as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 Ba1 Semantic Signals 54 63 Financial Signals 52 81 Risk Signals 54 62 Substantial Risks 36 67 Speculative Signals 69 79 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vector Machines.

Lawton Development Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 06:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model Given that we exclude proposed "best efforts" or potential financings as a source of liquidity, we also exclude from uses of liquidity acquisitions and other discretionary spending that are contingent on the successful issuance of new financing to support the proposed transaction. Rating Model for Lawton Development Co Ltd: We estimate the credit risk parameters by Bollinger Bands Width and Logistic Regression Credit Ratings for Lawton Development Co Ltd as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 Ba2 Semantic Signals 31 89 Financial Signals 65 62 Risk Signals 81 82 Substantial Risks 48 31 Speculative Signals 43 80 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our resea

PIMCO Dynamic Income Fund Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 06:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model For exceptional and strong liquidity assessments, we characterize standing in the credit markets as generally high, and for adequate liquidity, we view standing in the credit markets as satisfactory. We distinguish between these descriptors based on analytical judgment and mainly consider the diversity of funding sources available to an entity. Rating Model for PIMCO Dynamic Income Fund: We estimate the credit risk parameters by Bollinger Bands %B and Independent T-Test Credit Ratings for PIMCO Dynamic Income Fund as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 Ba2 Semantic Signals 45 34 Financial Signals 87 87 Risk Signals 63 69 Substantial Risks 76 84 Speculative Signals 32 62 *Machine Learning utilizes multiple learning algorith

Cedar Realty Trust, Inc. Common Stock Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 05:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model In our assessment of a company's liquidity, we also consider the impact of unique industry characteristics. Rating Model for Cedar Realty Trust, Inc. Common Stock: We estimate the credit risk parameters by Momentum and Wilcoxon Rank-Sum Test Credit Ratings for Cedar Realty Trust, Inc. Common Stock as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 B2 Semantic Signals 41 39 Financial Signals 52 32 Risk Signals 45 68 Substantial Risks 76 35 Speculative Signals 66 86 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vector Machines.

Yantai Changyu Pioneer Wine Company Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 04:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model While we only include contractual acquisitions when calculating A/B and A-B, when evaluating qualitative factors, we focus more on a company's track record and our expectation for financial management. In this respect, the quantitative and qualitative factors under the liquidity criteria are meant to complement each other and produce a more comprehensive view of a company's future liquidity position. Rating Model for Yantai Changyu Pioneer Wine Company Ltd: We estimate the credit risk parameters by Stochastic Oscillator and Stepwise Regression Credit Ratings for Yantai Changyu Pioneer Wine Company Ltd as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 Baa2 Semantic Signals 65 86 Financial Signals 90 79 Risk Signals 42 59 Substan

Skshu Paint Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 03:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model In determining how prudent a company's risk management is, we look for evidence that management has historically anticipated potential company-specific or market-related setbacks and has taken necessary actions to ensure sufficient liquidity. Rating Model for Skshu Paint Co Ltd: We estimate the credit risk parameters by Envelope (ENV) and Multiple Regression Credit Ratings for Skshu Paint Co Ltd as of 24 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 B2 Semantic Signals 73 31 Financial Signals 46 88 Risk Signals 51 47 Substantial Risks 59 73 Speculative Signals 82 30 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Ne

The First, A National Banking Association Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Mon Jan 24 2022 00:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model Our liquidity uses include dividends and share repurchases that we expect under a stress scenario. Unlike other potential uses of liquidity, such as debt maturities or maintenance capital spending, we view dividends and share repurchases as more discretionary, although more so for the latter. For this reason, when evaluating a company's liquidity position, we may use a lower estimate of dividends and shareholder repurchases than in our base-case forecast based on our views of management and the company's track record in terms of shareholder returns and maintaining a certain minimum level of liquidity. Rating Model for The First, A National Banking Association: We estimate the credit risk parameters by Directional Movement Indicator and Logistic Regression Credit Ratings for The F

Narumiya International Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 23:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model For exceptional and strong liquidity assessments, we characterize standing in the credit markets as generally high, and for adequate liquidity, we view standing in the credit markets as satisfactory. We distinguish between these descriptors based on analytical judgment and mainly consider the diversity of funding sources available to an entity. Rating Model for Narumiya International Co Ltd: We estimate the credit risk parameters by Average True Range (ATR) and Multiple Regression Credit Ratings for Narumiya International Co Ltd as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 Ba1 Semantic Signals 65 86 Financial Signals 48 88 Risk Signals 88 50 Substantial Risks 59 54 Speculative Signals 74 69 *Machine Learning utilizes multiple l

Western Refining, Inc. Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 22:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not assume future debt refinancing or the rolling over of CP, regardless of the company's perceived credit strength or issuer credit rating. For instance, even for investment-grade issuers, we do not assume future debt maturities are refinanced with potential uncommitted capital raises. We could, however, consider a shorter time horizon. Rating Model for Western Refining, Inc.: We estimate the credit risk parameters by Penetration and Lasso Regression Credit Ratings for Western Refining, Inc. as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 Ba1 Semantic Signals 84 74 Financial Signals 55 87 Risk Signals 39 64 Substantial Risks 71 54 Speculative Signals 88 74 *Machine Learning utilizes multiple learning algorithms to obtai

Red Lions Hotels Corporation Common Stock Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 22:25:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model To assess an issuer's standing in the credit markets, we may look at factors such as equity, debt, and credit default swaps (CDS) trading levels, where available, relative to peers and market averages. For example, lower-than-average debt trading levels or widening rating-adjusted spreads relative to market averages may indicate decreasing market confidence about a company's prospects and ability to meet its debt maturities. As a result, the company could have increased difficulty accessing the capital markets. Rating Model for Red Lions Hotels Corporation Common Stock: We estimate the credit risk parameters by Bollinger Bands %B and Paired T-Test Credit Ratings for Red Lions Hotels Corporation Common Stock as of 23 Jan 2022 Credit Rating Short-Term Long-Term Seni

UMENOHANA CO., LTD. Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 21:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not include potential future debt issuances as a source of liquidity because of the uncertainty of a company's ability to access debt markets in times of financial stress, even for investment-grade issuers. For instance, in the case of a proposed financing, with the intended use of proceeds to repay existing debt, we will assess a company's liquidity excluding the proposed financing until it's obtained or fully underwritten. Rating Model for UMENOHANA CO., LTD.: We estimate the credit risk parameters by EMR and Logistic Regression Credit Ratings for UMENOHANA CO., LTD. as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 Ba3 Semantic Signals 47 85 Financial Signals 88 52 Risk Signals 50 63 Substantial Risks 57 66 Specul

NSE:SCHNEIDER Stock Forecast, Price Targets (Buy or Sell) | SCHNEIDER Schneider Electric Infrastructure Limited Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Electron Coupled Oscillators and Pearson Correlation. Machine Learning based stock forecast (n+7) for SCHNEIDER Schneider Electric Infrastructure Limited as below: SCHNEIDER Schneider Electric Infrastructure Limited Stock Forecast (Buy or Sell) as of 23 Jan 2022 for (n+7) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NSE:SCHNEIDER Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 23 Jan 2022 for (n+7) The EBITDA declines companies would have to withstand and still have defined sources cover defined uses are as follows for each liquidity descriptor: Adequate: Positive A-B, even if forecasted EBITDA declines by 30%.Weak: A/B or A-B reflecting a material deficit over the next 12 month

Fifth Third Bancorp Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 21:25:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model When determining the cash to be included under sources (A), we use cash that will be available to cover monetary outflows. As a result, we may make haircuts to account for cash trapped overseas (for example, haircut for taxes payable upon repatriation of cash held abroad), apply a discount to lower-quality marketable securities, and exclude restricted cash held for specific purposes. Rating Model for Fifth Third Bancorp: We estimate the credit risk parameters by Commodity Channel Index and Wilcoxon Sign-Rank Test Credit Ratings for Fifth Third Bancorp as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 Baa2 Semantic Signals 62 86 Financial Signals 74 59 Risk Signals 50 88 Substantial Risks 45 81 Speculative Signals 70 72 *Machine Learn

Dishman Carbogen Amcis Limited Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 20:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model When assessing strong or exceptional liquidity, we include all forecasted capital expenditures over the next 24 months, including discretionary growth capital spending. Rating Model for Dishman Carbogen Amcis Limited: We estimate the credit risk parameters by EMR and Polynomial Regression Credit Ratings for Dishman Carbogen Amcis Limited as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B3 B3 Semantic Signals 52 47 Financial Signals 45 38 Risk Signals 35 44 Substantial Risks 54 51 Speculative Signals 55 43 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vector Machines.

ConvaTec Inc. Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 20:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model For companies that engage in reverse factoring--where accounts payable (AP) days are extended beyond the term customary for the industry and supply chain--we assess the likelihood and potential impact on liquidity of these arrangements ceasing to exist. In such a scenario, a company could be subject to material working capital outflows if AP days with its suppliers revert back to industry norms. Accordingly, we exclude these arrangements from sources of liquidity. Rating Model for ConvaTec Inc.: We estimate the credit risk parameters by Meissner Oscillators and Stepwise Regression Credit Ratings for ConvaTec Inc. as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 B1 Semantic Signals 64 33 Financial Signals 38 67 Risk Signals 54 84 Substa

Entergy Corporation Common Stock Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 19:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model If a company has a credit put that causes debt acceleration or collateral posting due to a downgrade of three notches or less, we would include these requirements under uses of liquidity, per paragraph 30 of the liquidity criteria. For example, if a 'BBB' rated company had a credit put that was triggered with a downgrade to speculative grade, we would include the corresponding cash requirement under uses of liquidity. This is because the criteria evaluate a company's liquidity position during times of stress, when potential downgrades are more likely. Rating Model for Entergy Corporation Common Stock: We estimate the credit risk parameters by Meissner Oscillators and Stepwise Regression Credit Ratings for Entergy Corporation Common Stock as of 23 Jan 2022 Credit Ratin

TERTIARY MINERALS PLC Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 19:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not assume future debt refinancing or the rolling over of CP, regardless of the company's perceived credit strength or issuer credit rating. For instance, even for investment-grade issuers, we do not assume future debt maturities are refinanced with potential uncommitted capital raises. We could, however, consider a shorter time horizon. Rating Model for TERTIARY MINERALS PLC: We estimate the credit risk parameters by Speculation and Multiple Regression Credit Ratings for TERTIARY MINERALS PLC as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 B1 Semantic Signals 70 82 Financial Signals 87 81 Risk Signals 34 59 Substantial Risks 66 30 Speculative Signals 36 40 *Machine Learning utilizes multiple learning algorithms to obtain

First National Bank of Sycamore Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 18:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not exclude cash that the company needs to maintain to run the business and meet potential working capital requirements. Since working capital outflows are included under uses (B) of liquidity, system-related cash needed to run the business should be included in sources, along with items such as customer advances. Rating Model for First National Bank of Sycamore: We estimate the credit risk parameters by Hartley Oscillator and Wilcoxon Sign-Rank Test Credit Ratings for First National Bank of Sycamore as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 Ba3 Semantic Signals 54 68 Financial Signals 65 58 Risk Signals 72 33 Substantial Risks 56 79 Speculative Signals 43 70 *Machine Learning utilizes multiple learning algorithms to ob

AutoZone, Inc. Common Stock Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 18:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not treat repayments of leases as debt maturities (even if International Financial Reporting Standard 16 shows them as such in the cash flow statement) because we already have reduced FFO by such lease cash outflow. Rating Model for AutoZone, Inc. Common Stock: We estimate the credit risk parameters by Bollinger Bands %B and Lasso Regression Credit Ratings for AutoZone, Inc. Common Stock as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 B1 Semantic Signals 62 32 Financial Signals 47 72 Risk Signals 70 55 Substantial Risks 79 65 Speculative Signals 37 77 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural N

Berlin Packaging, LLC Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 17:55:03 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not treat repayments of leases as debt maturities (even if International Financial Reporting Standard 16 shows them as such in the cash flow statement) because we already have reduced FFO by such lease cash outflow. Rating Model for Berlin Packaging, LLC: We estimate the credit risk parameters by Multi-Wave Oscillators and Sign Test Credit Ratings for Berlin Packaging, LLC as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 Ba3 Semantic Signals 60 81 Financial Signals 34 85 Risk Signals 51 44 Substantial Risks 90 53 Speculative Signals 48 60 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Sup

Iyo Bank Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 17:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not exclude cash that the company needs to maintain to run the business and meet potential working capital requirements. Since working capital outflows are included under uses (B) of liquidity, system-related cash needed to run the business should be included in sources, along with items such as customer advances. Rating Model for Iyo Bank Ltd: We estimate the credit risk parameters by Sustainability and Pearson Correlation Credit Ratings for Iyo Bank Ltd as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 B1 Semantic Signals 63 66 Financial Signals 40 65 Risk Signals 66 32 Substantial Risks 67 47 Speculative Signals 42 68 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research,

Touchpoint Group Holdings Inc Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 15:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model In addition, a speculative-grade company's access to the credit markets during times of stress, such as the financial crisis, is often a function of the capital market's appetite for risk. Accordingly, it would be rare that we would characterize a speculative-grade company as having a generally high standing in the credit markets, and even low-investment-grade companies may not have access to a diversity of funding sources required for this assessment. Rating Model for Touchpoint Group Holdings Inc: We estimate the credit risk parameters by Parabolic SAR (PSAR) and ANOVA Credit Ratings for Touchpoint Group Holdings Inc as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 B3 Semantic Signals 68 57 Financial Signals 43 43 Risk Signal

OTTOVILLE BANK COMPANY Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 15:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model If, for example, a facility matured in 18 months, we could include the borrowing availability as a source of liquidity in year one, but exclude the amount in year two under the exceptional and strong descriptors (as well as include any drawn portions as debt maturities under uses of liquidity). This is because we do not assume an extension of bank lines--regardless of the company's perceived credit strength or issuer credit rating. For instance, whether the issuer credit rating on the company is speculative grade or investment grade, we do not assume bank lines will be extended beyond the current stated maturity. Rating Model for OTTOVILLE BANK COMPANY: We estimate the credit risk parameters by SMoothed Moving Average (SMMA) and Logistic Regression Credit Ratings for OTTOVILLE BANK C

MARUTAI CO., LTD. Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 14:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model Given that it can be difficult to identify outstanding CP at any point in time, when considering coverage, we may include our expectations for peak outstanding CP during the year as opposed to CP balances as of the last filing date, especially if we believe reported balances are not reflective of typical borrowing patterns. Rating Model for MARUTAI CO., LTD.: We estimate the credit risk parameters by Anomaly and Wilcoxon Sign-Rank Test Credit Ratings for MARUTAI CO., LTD. as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba2 Ba3 Semantic Signals 52 86 Financial Signals 66 31 Risk Signals 63 48 Substantial Risks 77 90 Speculative Signals 85 68 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In

Perma-Pipe International Holdings Inc Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 13:55:03 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not exclude cash that the company needs to maintain to run the business and meet potential working capital requirements. Since working capital outflows are included under uses (B) of liquidity, system-related cash needed to run the business should be included in sources, along with items such as customer advances. Rating Model for Perma-Pipe International Holdings Inc: We estimate the credit risk parameters by Running Moving Average (RMA) and Chi-Square Credit Ratings for Perma-Pipe International Holdings Inc as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 Ba3 Semantic Signals 82 90 Financial Signals 66 81 Risk Signals 44 74 Substantial Risks 55 38 Speculative Signals 56 38 *Machine Learning utilizes multiple learning algorit

Xinjiang Youhao Group Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 13:25:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model For exceptional and strong liquidity assessments, we characterize standing in the credit markets as generally high, and for adequate liquidity, we view standing in the credit markets as satisfactory. We distinguish between these descriptors based on analytical judgment and mainly consider the diversity of funding sources available to an entity. Rating Model for Xinjiang Youhao Group Co Ltd: We estimate the credit risk parameters by On Balance Volume (OBV) and Wilcoxon Sign-Rank Test Credit Ratings for Xinjiang Youhao Group Co Ltd as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 Ba2 Semantic Signals 51 43 Financial Signals 66 54 Risk Signals 68 81 Substantial Risks 45 87 Speculative Signals 40 69 *Machine Learning utilizes multiple l

TravCo Insurance Co. Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 12:55:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model When determining the cash to be included under sources (A), we use cash that will be available to cover monetary outflows. As a result, we may make haircuts to account for cash trapped overseas (for example, haircut for taxes payable upon repatriation of cash held abroad), apply a discount to lower-quality marketable securities, and exclude restricted cash held for specific purposes. Rating Model for TravCo Insurance Co.: We estimate the credit risk parameters by Tuned Collector Oscillator and ElasticNet Regression Credit Ratings for TravCo Insurance Co. as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 B1 Semantic Signals 65 62 Financial Signals 44 45 Risk Signals 73 73 Substantial Risks 61 54 Speculative Signals 88 59 *Machine Lea

Berkshire Hathaway Finance Corporation Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sun Jan 23 2022 11:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model Shared facilities with captive finance entities. When an issuer has a shared revolving credit facility with a captive finance entity, for purposes of calculating the issuer's liquidity sources, we net outstanding commercial paper at the captive from the revolver's borrowing availability. In these cases, we generally use an estimate of peak CP borrowings at the captive to avoid potentially overstating sources available to the issuer over a 12- to 24-month period. Rating Model for Berkshire Hathaway Finance Corporation: We estimate the credit risk parameters by Profit and Paired T-Test Credit Ratings for Berkshire Hathaway Finance Corporation as of 23 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 Ba3 Semantic Signals 62 37 Financial Si

NSE:SHAKTIPUMP Stock Forecast, Price Targets (Buy or Sell) | SHAKTIPUMP Shakti Pumps (India) Limited Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Keltner Channels and Spearman Correlation. Machine Learning based stock forecast (n+1y) for SHAKTIPUMP Shakti Pumps (India) Limited as below: SHAKTIPUMP Shakti Pumps (India) Limited Stock Forecast (Buy or Sell) as of 23 Jan 2022 for (n+1y) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NSE:SHAKTIPUMP Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 23 Jan 2022 for (n+1y) Given that it can be difficult to identify outstanding CP at any point in time, when considering coverage, we may include our expectations for peak outstanding CP during the year as opposed to CP balances as of the last filing date, especially if we believe reported balances are not reflective of typical borrowing