Master the art of credit analysis, diving into the core of evaluating corporate and sovereign creditworthiness. This lesson takes you through the nuances of credit risks, the significance of capital structure, the intricacies of credit ratings, and the analytical depth required for corporate credit assessment.
Credit Analysis for Government Issuers
In this lesson, we’re heading into the realm of the mighty – sovereign and non-sovereign government debt. We’ll uncover the secrets of sovereign debt analysis and introduce you to municipal bonds. By the end, you’ll have the know-how to analyse the creditworthiness of these entities like a seasoned pro.
►Ready to flex your sovereign and non-sovereign debt analysis muscles? Get started here.
Assessing Corporate Creditworthiness
Ever wondered how to tell if a company is creditworthy or just a one-hit-wonder? Enter stage right, the 4 ‘C’s of credit analysis – Capacity, Collateral, Covenants, and Character. By the end of this lesson, you’ll be a pro at judging a company’s ability to satisfy its debt obligations, it’ll be like you’ve got X-ray finance vision.
► Ready to become the Sherlock Holmes of credit analysis? Click here.
Corporate Credit Analysis (Ratios)
Buckle up for a ride down the fast and furious highway of financial ratios, the superheroes of credit analysis! From profit and cash flow metrics to leverage and coverage ratios, we’ve got you covered. By the end of this lesson, you’ll be using these ratios to determine a company’s credit rating with the ease of a seasoned analyst.
► Ready to become a financial ratio wrangler? Saddle up and start your journey here.
Seniority Rankings and Credit Ratings
This lesson dives into the complex relationship between credit risk and a company’s capital structure. It unravels how capital structure varies and why, details the difference between secured and unsecured debt, and explains the significance of various seniority rankings. The lesson also sheds light on the priority of claims and bankruptcy reorganization, and how these aspects can impact the credit risk of a bond.
► Ready to unravel the intricacies of credit risk and capital structure? Start exploring here.
