- Language: English
- 165 Pages
- Published: May 2013
- Region: Global
Summary: Reichhold Industries Inc. Oct 06
- Published: October 2006
- Standard & Poors
The ratings on Reichhold Industries Inc., a producer of unsaturated polyester resins for composite applications and resins for coatings and graphics arts customers, reflect aggressive debt leverage, low operating margins, cyclicality of the company's markets, and a limited track record of earnings at the improved levels of recent years. These weaknesses are tempered by meaningful market positions in its resins product lines, significant geographic diversity of sales, a good initial cash position, and management's commitment to reduction of debt-like obligations. A diverse customer base, long-standing customer relationships, a global production footprint, and new products should help sustain Reichhold's competitive positions. In particular, the geographic diversity of sales is considerable, as roughly 45% of demand is derived outside of North America,...
Companies mentioned in this report are: Reichhold Industries Inc.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >
Reichhold Industries Inc.