Based on financial reporting for periods ending 6/30/15 and 9/30/15, Rapid Ratings has updated Financial Health Ratings (FHR) and Core Health Scores (CHS) on 1885 non-financial companies in 22 emerging market countries. The FHR reflects a company’s strength/vulnerability over the next 12 months, while the CHS reflects it over 24-36 months. Both run on a scale of zero/worst to 100/best.
The resulting observations, below, contain the most up-to-date signals available on national and sector trends among emerging market corporates. Of note is the strong average performance of the small Argentinian sample (FHR + 5, CHS +9) against a backdrop of modest declines in FHR averages for 15 countries and in CHS averages for 19 countries. Of note, as well, is the nearly universal retreat in average scores among the 29 sectors profiled.