Dec 21 (Reuters) - Ratings agency Moody's on Tuesday upgraded Apple Inc's (AAPL. O) long-term credit rating to 'AAA' with a stable outlook, citing the iPhone maker's "exceptional liquidity" and robust earnings. With this, Apple joins an elite club of companies including Microsoft (MSFT.Dec 21 (Reuters) - Ratings agencyRatings agencyA credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default. A credit rating facilitates the trading of securities on a secondary market.https://en.wikipedia.org › wiki › Credit_rating_agencyCredit rating agency - Wikipedia Moody's on Tuesday upgraded Apple Inc's (AAPL. O) long-term credit rating to 'AAA' with a stable outlook, citing the iPhone maker's "exceptional liquidity" and robust earnings. With this, Apple joins an elite club of companies including Microsoft (MSFT.22 Dec 2021
What is a AAA company?
AAA | American Automobile Association.
Who has a AAA credit rating?
As it stands, only two U.S. corporations have a AAA rating as of February 2020: Microsoft (MSFT) and Johnson & Johnson (JNJ).
What bond rating is Amazon?
AA
What does credit rating indicate?
A credit rating is a quantified assessment of the creditworthiness of a borrower in general terms or with respect to a financial obligation. A credit rating or score is assigned to any entity that wants to borrow money—an individual, a corporation, a state or provincial authority, or a sovereign government.
Which company has highest credit rating?
ID Corporate S&P
-- ------------------- ---------
1 AB InBev 1065 BBB+
2 Abbott Laboratories 1075 A
3 AbbVie 1065 BBB+
4 Accenture 1080 A+
What does A1 credit rating mean?
The A+/A1 rating signifies that the issuer or carrier has stable financial backing and ample cash reserves. The risk of default for investors or policyholders is very low.
Is A1+ better than AAA?
S&P ratings are issued to long-term issuers of credit and insurance companies on a letter-based scale. The first rating is a AAA while the second highest is AA. This is followed by an A-rating.
Which rating is better A+ or AA?
The first rating is a AAA while the second highest is AA. This is followed by an A-rating. Anything that falls in the A-class is considered to be high quality, which means the debt issuer has a very strong likelihood of meeting its financial obligations.
What does a AAA credit rating mean?
AAA' ratings denote the lowest expectation of default risk. They are assigned only in cases of exceptionally strong capacity for payment of financial commitments.