About Rapid ratings international
Rapid Ratings International: The Ultimate Solution for Financial Health Rating
In today's fast-paced business world, it is essential to have a reliable and accurate way of assessing the financial stability of third-party vendors, suppliers, and counterparties. This is where Rapid Ratings International comes in. Rapid Ratings International is a leading provider of financial health ratings (FHR®) that offer forward-looking and actionable insights into the financial stability of companies.
The company was founded in 2002 by James Gellert, who recognized the need for a more sophisticated approach to credit risk management. Since then, Rapid Ratings has grown into a global organization with offices in New York City, London, Sydney, and Frankfurt.
What sets Rapid Ratings apart from other credit rating agencies is its unique methodology. Unlike traditional credit rating agencies that rely on backward-looking data such as historical financial statements or credit scores, Rapid Ratings uses predictive analytics to assess the future financial health of companies.
The Financial Health Rating (FHR®) provided by Rapid Ratings offers an objective assessment of a company's ability to meet its obligations over the next 12 months. The FHR® score ranges from 0-100 with higher scores indicating better financial health. This score can be used by businesses to manage enterprise and financial risk effectively.
Rapid Rating's FHR® methodology considers over 70 key performance indicators (KPIs), including liquidity ratios, profitability ratios, leverage ratios, cash flow metrics among others. These KPIs are analyzed using advanced statistical models that take into account industry-specific factors such as cyclicality or seasonality.
One significant advantage of using FHR® ratings from Rapid Ratings is their ability to provide early warning signals about potential defaults or bankruptcies before they happen. This allows businesses to take proactive measures such as renegotiating contracts or diversifying their supplier base before it's too late.
Another benefit of using FHR® ratings from Rapid Ratings is their applicability across different industries and geographies. Whether you are dealing with public or private companies in North America or Asia-Pacific region - you can rely on FHR® ratings from Rapid Rating for an accurate assessment of their financial health.
In conclusion,
Rapid Rating International provides businesses with an innovative solution for managing enterprise risk through its Financial Health Rating (FHR®). With its unique methodology based on predictive analytics and industry-specific factors analysis - businesses can make informed decisions about third-party vendors' selection while minimizing risks associated with them.
If you want your business always ahead when it comes down to managing enterprise & finance risks then look no further than partnering up with us at "Rapid ratings international".