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Cooljas · 2025年06月08日

想问下这个评级是咋看的啊?为啥一般由3个字母组成?

NO.PZ2023091701000008

问题如下:

The rating agencies have analyzed the creditworthiness of Company XYZ and have determined that the company currently has adequate payment capacity, although a negative change in the business environment could affect its capacity for repayment. The company has been given an investment grade rating by S&P and Moody’s. Which of the following S&P/Moody’s ratings has Company XYZ been assigned?

选项:

A.AA/Aa B.A/A C.BBB/Baa D.

BB/Ba

解释:

The interpretation given by the above statement refers to a rating of BBB/Baa, which is a lower investment grade rating. A rating of BB/Ba is not investment grade, an AA/Aa rating is a very high investment grade rating and an A/A rating still reflects a strong capacity to make payments.

想问下这个评级是咋看的啊?为啥一般由3个字母组成?

1 个答案

李坏_品职助教 · 2025年06月08日

嗨,从没放弃的小努力你好:


评级有两大体系:

1.标普公司(就是S&P)评级体系如下:

(1)投资级别

​AAA​:最高评级,偿债能力极强

AA:偿债能力很强,接近最高级

A​:偿债能力强,但易受经济环境影响

BBB​:偿债能力适当,但经济恶化时风险增加

(2)投机级别

BB​:违约风险较低但存在不稳定因素

​B​:违约可能性高于BB级

​CCC/CC/C​:高违约风险,依赖有利条件偿债

​D/SD​:已违约(D为全面违约,SD为选择性违约)



2.穆迪公司(Moody)评级体系如下:

(1)投资级别

Aaa​:最高信用质量,风险最低

​Aa​:信用质量高,风险极低

​A​:偿债能力较强,但受经济环境影响

​Baa​:中等信用风险,具投机特征

(2)投机级别

​Ba​:投机性较高,违约风险显著

​B​:高违约风险

​Caa/Ca/C​:极可能违约或已违约


题目说这个公司偿债能力适当,但是环境恶化时会影响到公司的偿债能力。按照标普的体系他是BBB级别,按照穆迪则应该是Baa级别。

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虽然现在很辛苦,但努力过的感觉真的很好,加油!

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