A triple A ( AAA) is the highest credit quality, and C or D (depending on the agency issuing the rating) is the lowest or junk quality. Within this spectrum, there are different degrees of each rating, which are, depending on the agency, sometimes denoted by a plus or negative sign or a number. This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch, and Moody's. The ratings of DBRS, Scope, China Chengxin, Dagong and JCR are also included. In the past, there were many more AAA-rated companies in the United States. The number has slowly trickled down over time. This trend can be seen in the following diagram. Source: qz.com. Johnson & Johnson and Microsoft became the last two companies to hold the AAA credit rating when Exxon Mobil (XOM) was downgraded to AA+ on April 26, 2016. Because investors are compensated for holding credit risk, higher-rated bonds earn a lower yield. The top of the credit rating spectrum, so-called investment-grade bonds, is bracketed by AAA—the safest credit rating—at one end and BAA (on the Moody’s rating scale) or BBB (on the S&P rating scale, equivalently) at the other. Source: qz.com. Johnson & Johnson and Microsoft became the last two companies to hold the AAA credit rating when ExxonMobil was downgraded to AA+ on April 26, 2016.. The ratings agency cited Alfred M. Best started the A.M. Best Company in 1899. Part of his goal was to provide financial stability reports on insurance companies. Today, Best’s Credit Ratings are the gold standard when it comes to evaluating insurance provider’s financial strength and credit quality. A.M. Best Company has 15 rating categories, including. AAA
21 Jan 2020 Toyota Motor Corp.'s credit rating was upgraded to AAA by Japan's Rating and Investment Information Inc., making it the only company in the
agency's website. Rating data are generally reported on a one year delay. New York Life Global Funding. aaa. A.M.BEST COMPANY. Corporate. DEBT. The Rating Agencies may also revise or replace entirely the methodology applied Rating Agency. Long Term Rating. Outlook. Ratings Reports. Moody's. Aaa. 8 Sep 2016 In August 2011, credit rating agency Standard & Poor's (S&P) downgraded the United States' top-notch AAA credit rating for the first time ever. international credit-rating agency Fitch Ratings maintained its A rating for ENAP's foreign currency debt and confirmed its triple A (AAA) rating for the company's [ 8 Aug 2016 Credit rating agencies have a poor track record when it comes to evaluating which is unlikely in the near future, or face losing its AAA rating. 8 Aug 2011 For Exxon, J&J and Microsoft, S&P reaffirmed their AAA ratings Monday begin to fall much farther if the other two major credit rating agencies,
12 Feb 2016 The companies must have a AAA, AA+ or AA rating from Standard & Poor's Ratings Services in addition to a stable credit outlook. So the list
In the early 1990s, American investors could choose from over sixty publicly available investments in companies whose debt issuances were rated as AAA, the highest possible credit rating which denotes the lowest rate of foreseeable default that exists in the world of debt instruments. 3M, Amoco (now BP), ADP, Campbell Soup, Chevron, DuPont, Exxon, General Electric, Getty Oil, IBM, Kellogg, Kraft, Procter & Gamble, Pfizer, Merck, and Ford all had AAA-rated debt. AAA is the highest possible rating that may be assigned to an issuer's bonds by any of the major credit rating agencies. AAA-rated bonds boast a high degree of creditworthiness, because their issuers are generally easily able meet their financial commitments and they consequently run lower risks of defaulting. Almost every single company that sported the AAA credit rating in the early 1990s has seen that rating reduced over the past 30 years. This includes conglomerate General Electric, drug giants Johnson & Johnson (JNJ) is one of only two companies to hold the coveted AAA credit rating from Standard & Poor’s. The other is Microsoft (MFST). This stellar credit rating is a testament to the strength and stability of Johnson & Johnson’s business model.
