RAM Ratings updates criteria in Analytical Adjustments to Financial Statements

Published on 04 Nov 2022.

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RAM Ratings’ updated criteria paper, Guide to RAM’s Analytical Adjustments to Financial Statements for Non-Financial Institutions, describes the analytical adjustments that we make to some figures reported in the financial statements of rated companies, and how they affect our assessment of a company’s financial profile. This paper supersedes RAM’s earlier published paper of the same title published in August 2020 and follows RAM’s periodic review of our published criteria and methodology publications. Apart from updates to elaborate on examples where RAM has taken industry specific analytical adjustments, other inconsequential editorial changes were made for better clarity.

Click here for the full updated criteria paper.

 

Analytical contact
Chew Wei Li
(603) 3385 2499
weili@ram.com.my 

 

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