Credit Score: Mitigate your credit risks with better information

Assessing a company's health requires considering various indicators, including its economic environment, market trends, sector performance, and competitive standing. Following this, examining financial results, such as the operating result indicating profitability and net profit, is crucial. Coface business information solutions provide you with all this simply and quickly, on any company worldwide.

With our Business information solutions, we analyze numerous indicators, including macroeconomic data concerning the country and sector of the company in question, along with its payment history, and more.

We propose to study a company and deliver a Credit Score, a rating ranging from 1 to 10. This swift evaluation, accessible through our risk management platform iCON by Coface, allows you to assess the probability of your debtors or suppliers fulfilling their financial commitments. The evaluation incorporates financial aspects like profitability, financial strength, and solvency ratios.

The Debtor Risk Assessment, known as Coface’s Credit Score, assesses the likelihood, within a 12-month timeframe, of a company fulfilling its financial responsibilities, including obligations to counterparties. This evaluation considers various financial metrics, including financial stability, profitability, payment track record, claims, and solvency ratios. Moreover, it incorporates qualitative information such as the current business environment and managerial performance of the company.

Enhanced information leads to more confident business decisions. Coface makes it easy to assess credit risks. 

Coface uses rich data, descriptive predicative and prescriptive risk data, micro and macro economic sector based and regional risk data, quantative and qualititive insight, etc.

Our data is derived from our extensive claims experience, historical trade payment performance, debt collection information, and expert assessments of sectors and risks in various countries.

Evaluating financial risk plays a vital role in assessing business risk as it assists in identifying potential financial hurdles that a company might encounter. This evaluation takes into account elements such as debt levels, liquidity, and profitability, contributing to effective risk management strategies.

Businesses can utilize credit risk assessment tools to evaluate the creditworthiness of clients or partners, empowering them to make informed decisions regarding credit terms and strategies for mitigating risk.  This helps minimize financial risk associated with business relationships.