The Peer Benchmark Report is currently available for approximately 6,500 public entities in Rapid Ratingsâ online library, as well as on thousands of private companies rated confidentially for clients.
âRapid Ratings is frequently praised for its ratings transparency and excellent customer service, and this new report further illustrates our commitment to our clientsâ needs,â said James H. Gellert, chairman and CEO of Rapid Ratings. âUpdates like these allow subscribers to customize our ratings to best fit their needs, so we can be as useful to their workflow as possible. We are proud to offer another report that can help our clients most effectively mitigate their risk.â
Rapid Ratingsâ quantitative system uses objective financial information, such as balance sheet and income statement details, to provide a single number updated quarterly that represents the financial health of a company. These FHRs provide the predictive, accurate analysis necessary for firms to fully comprehend the possible risks posed by all of its current and potential partners. It measures a companyâs absolute and relative ability to compete with its global industry peers, and ultimately its likelihood for longâterm stability and success.