financial obligations

Subject: Consumer Behavior

Paper Model: APA

Paper Type: Assignment

Total Words: 335

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Credit score of Coca Cola

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Credit rating of Coca Cola provides its ability to pay its debts. It describes its ability and position in term of financial obligations. Credit rating is assigned to organizations for analyzing its position in paying credits. Companies having strong credit rating encourage satisfaction of investors. This credit rating is assigned to Coca Cola by agency of credit rating. It provides them better satisfaction of their investment in company. It provides them corner of safety for their investment. It provides idea of worthiness of business. Credit scores can range from excellent to poor.

Standards and poor is agency that scores organizations on basis of their characteristics. Standards and poor have rating of AAA for excellent organizations. AA+ is second highest score in rating by this agency. Few organizations rate them with more than one agency. Current credit rating for Coca Cola by standards and poor’s is AA. This is good rating. It has also warned Coca Cola that it would reduce its rating to negative if its debts would not control. In the last year, rating from Moody’s investment services for Coca Cola was Aa3. Fitch has score A- plus for last year in February. (ESTERL, 2015)

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