What companies have AAA credit rating?
Just two companies in the S&P 500, Johnson & Johnson (JNJ) and Microsoft (MSFT), maintain their pristine AAA credit ratings from S&P, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. This is a startling decline in the number of AAA companies from years past.
Just two companies in the S&P 500, Johnson & Johnson JNJ and Microsoft MSFT, maintain their AAA credit ratings from S&P, per an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.
As of January 2022, 49 counties and 31 cities across the nation have a AAA bond rating from all three major rating agencies – Moody's, Fitch Ratings and Standard & Poor's.
Home / Economy / Articles / What is the US credit rating, and what does its downgrade mean? On August 1, 2023, Fitch Ratings, one of the country's three major credit rating agencies, announced that it had downgraded the US credit rating from AAA to AA+.
A triple-A (AAA) is the highest credit quality. A C or D (depending on the agency issuing the rating) is the lowest or junk quality.
| Date : | 15-Aug-2023 | 07-Jun-2021 |
|---|---|---|
| Rating : | AA- | AA- |
| Action : | Review - No Action | Upgrade |
Just two companies in the S&P 500, Johnson & Johnson (JNJ) and Microsoft (MSFT), maintain their pristine AAA credit ratings from S&P, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.
S&P ratings are issued to long-term issuers of credit and insurance companies on a letter-based scale. The first rating is AAA, while the second highest is AA. Anything that falls in the A class is considered high quality, and the debt issuer has a strong likelihood of meeting its financial obligations.
Much of the innovation in Moody's rating system has been in response to market needs for increased clarity around the components of credit risk or for finer distinctions in rating classifications. Aaa Obligations rated Aaa are judged to be of the highest quality, subject to the lowest level of credit risk.
As of Aug. 1, the U.S. Treasury owed $32.6 trillion, both to bondholders and other parts of the federal government. That's part of the reason that Fitch cut the U.S. government's long-term creditworthiness by one notch, from AAA – its highest rating – to AA+.
When did America lose AAA rating?
On July 14, 2011, S&P issued a research update putting the U.S. debt on a 90-day CreditWatch. On July 16, 2011, Egan-Jones Rating Company, a smaller CRA, cut its rating from AAA to AA+, the first NRSRO to do so.
The average FICO credit score in the US is 717, according to the latest FICO data. The average VantageScore is 701 as of January 2024. Credit scores, which are like a grade for your borrowing history, fall in the range of 300 to 850.
S&P Global Ratings on Monday upgraded the automaker's credit rating to BBB-, returning the company to investment-grade for the first time since downgrading it to high-yield in March 2020. Ford still has a Ba1, or junk, rating from Moody's or one notch below investment grade.
Moody's Investors Service on Monday became the second credit ratings firm to endow Tesla with investment-grade status, upgrading the Austin-based firm's credit score by one notch to Baa3.
FICO ® Scores are the most widely used credit scores—90% of top lenders use FICO ® Scores. Every year, lenders access billions of FICO ® Scores to help them understand people's credit risk and make better–informed lending decisions.
You need a credit score of 640 or higher to get a Walmart credit card. This means you are eligible if you have fair credit or better, but factors such as your income, existing debt load, recent credit inquiries, employment status, and housing status will also impact your chances.
A. The Microsoft corporate credit rating is AAA and Aaa by Standard & Poor's Rating Services and Moody's Investors Service Inc., respectively. The commercial paper is rated A-1+ by Standard & Poor's and P-1 by Moody's. Q.
S&P Global Ratings affirms Amazon.com at "AA" (Foreign Currency LT credit rating); outlook stable. S&P Global Ratings affirmed the "AA" Foreign Currency LT credit rating of Amazon.com on May 18, 2023.
S&P Global Ratings affirms Whole Foods Market at "AA-" (Local Currency LT credit rating); outlook stable.
The major credit rating agencies are Fitch Ratings, Moody's, and S&P Global. These agencies research and analyze a firm's financials and assign it a corporate credit rating. The ratings are intended to provide investors with information about the financial stability of issuers of debt-based investments.
What is the credit rating of Coca Cola?
S&P Global Ratings affirms The Coca-Cola Company at "A+" (Foreign Currency LT credit rating); outlook stable. S&P Global Ratings affirmed the "A+" Foreign Currency LT credit rating of The Coca-Cola Company on October 25, 2023. The outlook is stable.
Upgraded To 'BBB+' On Improving Margins And Strong Cash Flow; Outlook Stable.
'AAA' rated entities and instruments demonstrate exceptional credit quality and lowest expectation of default risk. 'AA' rated entities and instruments demonstrate very high credit quality with a very low default risk. 'A' rated entities and instruments demonstrate high credit quality with a low default risk.
State Farm, Geico, and Progressive are better than AAA, based on factors like average premiums, number of discounts available, and customer service record. Of the 10 largest car insurance companies, only Geico is cheaper than AAA, on average.
| Age Bracket | 2022 |
|---|---|
| 18–25 | 679 (Good) |
| 26–41 | 687 (Good) |
| 42–57 | 706 (Good) |
| 58–76 | 742 (Very Good) |
