What is Amazon's credit rating?
at 'AA-'; Outlook Stable.
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. The outlook is stable.
| Date : | 15-Aug-2023 | 07-Jun-2021 |
|---|---|---|
| Rating : | AA- | AA- |
| Action : | Review - No Action | Upgrade |
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.
SAN FRANCISCO (S&P Global Ratings) July 29, 2021--S&P Global Ratings today assigned its 'AA+' rating to Cupertino, Calif. -based Apple Inc.'s senior unsecured notes due 2028, 2031, 2051 and 2061. The global hardware and services provider will use the ...
at 'AA'/'F1+'; Outlook Stable. Fitch Ratings - New York - 01 Aug 2022: Fitch Ratings has affirmed the ratings of Walmart Inc., including its Long-Term Issuer Default Rating (IDR) at 'AA' and Short-Term Issuer Default and CP Ratings at 'F1+'. The Rating Outlook is Stable.
The higher the grade, the lower the risk (in S&P's estimation). A rating of BBB and above is called "investment grade"—the safest sort of investment. Ratings below that are considered "speculative"—a greater degree of risk.
Cost cuts and a record holiday season, which included a 9% fourth-quarter increase in online sales, turned a $2.7 billion loss in 2022 to a $30.4 billion profit last year at Amazon, the tech giant reported Thursday afternoon.
After posting a loss in 2022, Amazon's earnings bounced back in a big way last year. Now, Wall Street analysts are expecting further earnings growth for 2024. Consensus projections see Amazon's posting adjusted earnings of $4.19 per share for the December 2024 fiscal year, according to FactSet.
The Rating Outlook is Stable. Amazon's Long-Term IDR reflects its leading positions in global e-commerce and cloud computing services, close customer connections, significant scale with $67 billion in 2022 EBITDA, good FCF generation and reasonable EBITDAR leverage expected to trend near 2.0x.
What is the average credit score for Americans?
In the U.S., the average credit score is 716, per Experian's latest data from the second quarter of 2023. And when you break down the average credit score by age, the typical American is hovering near or above that score.
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.
| Company | Ticker | Credit Rating |
|---|---|---|
| Johnson & Johnson | (JNJ) | AAA |
| Microsoft | (MSFT) | AAA |
| Alphabet | (GOOGL) | AA+ |
| Apple | (AAPL) | AA+ |
Fitch Affirms Coca-Cola's IDR at 'A'; Outlook Stable. Fitch Ratings - Chicago - 24 May 2023: Fitch Ratings has affirmed all ratings for The Coca-Cola Company (Coca-Cola) and its subsidiary, including the Long-Term Issuer Default Ratings (IDR) at 'A', and Coca-Cola's Short-Term IDR at 'F1'. The Rating Outlook is Stable.
Q. What is the credit rating of Microsoft? A. The Microsoft corporate credit rating is AAA and Aaa by Standard & Poor's Rating Services and Moody's Investors Service Inc., respectively.
With two ratings agencies giving Tesla investment grade debt ratings, Tesla is now considered a blue chip company from a corporate debt perspective.
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.
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.
Highest credit quality
'AAA' ratings denote the lowest expectation of default risk. They are assigned only in cases of exceptionally strong capacity for payment of financial commitments. This capacity is highly unlikely to be adversely affected by foreseeable events.
With the change Wednesday, S&P now has a issuer credit rating on Paramount Global and its senior unsecured debt of of “BB+,” which is the “highest speculative-grade by market participants.” At the same time, S&P lowered its issue-level rating on Paramount Global's junior subordinated debt to “BB-” from “BB” and its ...
What is a 1 credit rating equivalent to?
An obligor rated 'A-1' has strong capacity to meet its financial commitments. It is rated in the highest category by S&P Global Ratings. Within this category, certain obligors are designated with a plus sign (+). This indicates that the obligor's capacity to meet its financial commitments is extremely strong.
Total debt on the balance sheet as of December 2023 : $135.61 B. According to Amazon's latest financial reports the company's total debt is $135.61 B. A company's total debt is the sum of all current and non-current debts.
Despite its noteworthy liabilities, Amazon.com boasts net cash, so it's fair to say it does not have a heavy debt load! Even more impressive was the fact that Amazon.com grew its EBIT by 176% over twelve months. If maintained that growth will make the debt even more manageable in the years ahead.
Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 42 Wall Streets Analysts.
Amazon's biggest direct competitors include Walmart, eBay, the Alibaba Group, Target, as well as more localized eCommerce marketplaces (such as Otto or Rakuten). In the video streaming segment, Amazon's biggest competitors are Netflix, Rakuten, HBO, Disney, and Apple TV+. Who are Amazon's indirect competitors?
References
- https://www.lewis-knopf.com/financial-rx/volume-10-issue-1/type-bond-safest/
- https://www.fool.com/investing/how-to-invest/bonds/bond-ratings/
- https://finance.yahoo.com/news/buy-bonds-now-heres-vanguard-120300533.html?fr=sycsrp_catchall
- https://www.investopedia.com/terms/i/investmentgrade.asp
- https://www.fastcompany.com/3030357/why-amazon-and-coca-cola-have-the-best-corporate-reputations
- https://www.equifax.com/personal/education/credit/score/articles/-/learn/5-things-that-may-hurt-your-credit-scores/
- https://www.business-standard.com/world-news/s-p-global-downgrades-outlooks-on-5-regional-us-banks-to-negative-124032700099_1.html
- https://www.statista.com/forecasts/1352607/coca-cola-soft-drinks-brand-profile-in-the-united-states
- https://www.investopedia.com/terms/b/b1-b.asp
- https://www.bankrate.com/personal-finance/credit/trying-get-perfect-credit-score-worth-it/
- https://www.alphaspread.com/security/nyse/ko/summary
- https://www.sec.gov/Archives/edgar/data/77476/000110465921123761/tm2126857d5_fwp.htm
- https://www.bankrate.com/investing/treasury-bonds/
- https://www.investopedia.com/terms/a/aaa.asp
- https://www.investopedia.com/terms/j/junkbond.asp
- https://www.morningstar.com/news/marketwatch/20240328319/bank-of-america-downgraded-after-hot-stock-run-while-us-bancorp-and-pnc-get-boost
- https://www.reuters.com/business/finance/major-us-banks-downgraded-by-moodys-worsening-outlook-2023-08-08/
- https://www.forbes.com/advisor/banking/safest-banks-in-the-us/
- https://cbonds.com/news/2325660/
- https://www.spglobal.com/ratings/en/research/articles/190705-s-p-global-ratings-definitions-504352
- https://www.fitchratings.com/research/corporate-finance/fitch-affirms-coca-cola-idr-at-a-outlook-stable-24-05-2023
- https://support.creditkarma.com/s/article/Why-is-the-score-I-got-from-my-bank-different-from-the-scores-I-see-on-Credit-Karma-US
- https://www.experian.com/blogs/ask-experian/actions-that-can-lower-your-credit-score/
- https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/
- https://www.investopedia.com/ask/answers/what-does-investment-grade-mean/
- https://www.nerdwallet.com/article/finance/750-credit-score
- https://ycharts.com/indicators/us_corporate_bbb_optionadjusted_spread
- https://www.spglobal.com/ratings/en/research/articles/240314-credit-trends-bbb-pulse-bbb-s-tough-out-interest-rate-cycles-13033297
- https://www.usbank.com/investing/financial-perspectives/market-news/interest-rates-affect-bonds.html
- https://www.cfr.org/backgrounder/us-national-debt-dilemma
- https://www.bbb.org/overview-of-bbb-ratings
- https://rutherfordrede.co.nz/investment-grade-bonds-understanding-default-risk/
- https://en.wikipedia.org/wiki/Bond_credit_rating
- https://www.fitchratings.com/research/corporate-finance/fitch-affirms-amazoncom-inc-at-aa-outlook-stable-20-06-2023
- https://wallethub.com/answers/cc/walmart-credit-card-bad-credit-2140662049/
- https://www.forbes.com/sites/brianbushard/2024/04/26/republic-first-bank-seized-by-regulators-first-bank-collapse-of-2024/
- https://www.capitalone.com/bank/fdic/
- https://www.fool.com/terms/j/junk-bonds/
- https://www.bankrate.com/banking/what-happens-when-a-bank-fails/
- https://www.usbank.com/home-loans/mortgage/first-time-home-buyers/credit-score-for-mortgage.html
- https://dbrs.morningstar.com/research/338647/coca-cola-company-the-rating-report
- https://finance.yahoo.com/news/tesla-scores-blue-chip-status-after-moodys-debt-upgrade-164544334.html
- https://www.kiplinger.com/article/investing/t052-c000-s001-what-bond-ratings-mean.html
- https://www.investopedia.com/personal-finance/top-three-credit-bureaus/
- https://www.investopedia.com/articles/03/102203.asp
- https://typeset.io/questions/what-are-the-disadvantages-of-coca-cola-1wau4dvy4f
- https://www.bankrate.com/personal-finance/credit/can-cell-phone-bill-build-credit-score/
- https://www.cnn.com/cnn-underscored/money/best-high-yield-bond-funds
- https://www.washingtonpost.com/business/2023/08/08/moodys-banks-downgrade/
- https://en.as.com/latest_news/who-owns-dr-pepper-coca-cola-or-pepsi-the-answer-may-surprise-you-n/
- https://www.americanexpress.com/en-us/credit-cards/credit-intel/fico-score-8/
- https://wallethub.com/answers/cs/what-percentage-of-population-has-over-800-credit-score-2140839387/
- https://www.investopedia.com/articles/investing/080916/corporate-bonds-advantages-and-disadvantages.asp
- https://www.investopedia.com/terms/d/downgrade.asp
- https://www.fidelity.com/learning-center/trading-investing/us-debt-downgrade
- https://finance.yahoo.com/news/coca-cola-stock-buy-now-143700450.html
- https://disclosure.spglobal.com/ratings/en/regulatory/org-details/sectorCode/CORP/entityId/112354
- https://www.cnbc.com/select/what-credit-score-should-you-have/
- https://www.tipranks.com/stocks/amzn/forecast
- https://www.microsoft.com/en-us/investor/faq.aspx
- https://cbonds.com/news/2335426/
- https://www.americanexpress.com/en-us/credit-cards/credit-intel/credit-score-by-age-state/
- https://support.myfico.com/hc/en-us/articles/4407687450647-I-recently-paid-off-my-car-loan-and-my-FICO-Score-dropped-Is-that-possible
- https://finance.yahoo.com/news/heres-why-amazon-com-nasdaq-110025622.html
- https://www.morningstar.com/economy/why-are-inflation-protected-bond-funds-losing-money
- https://homework.study.com/explanation/what-would-happen-if-the-u-s-actually-paid-off-the-national-debt-where-would-the-banks-big-financial-institutions-and-government-foreign-and-domestic-put-their-cash.html
- https://www.investopedia.com/terms/b/ba2-bb.asp
- https://www.investopedia.com/average-credit-scores-by-age-5214511
- https://www.zacks.com/stock/research/KO/stock-style-scores
- https://www.investopedia.com/articles/bonds/08/lose-money-bonds-losses.asp
- https://gitnux.org/coke-vs-pepsi-statistics/
- https://www.globaldata.com/data-insights/consumer/coca-cola-hbc-ag-risk-profile/
- https://www.investopedia.com/fico-credit-scores-explained-5072985
- https://www.investopedia.com/articles/02/052202.asp
- https://variety.com/2024/tv/news/paramount-global-junk-rating-sp-global-1235953838/
- https://www.chase.com/personal/credit-cards/education/credit-score/900-credit-score
- https://vinut.com.vn/2023/blogs/top-10-most-valuable-beverage-brands-in-the-world/
- http://portlandcleanair.org/files/merge/msds/COKE_CLASSIC_BEVERAGE_BASE_PART_1.PDF
- https://time.com/personal-finance/article/savings-bonds-guide/
- https://www.investopedia.com/what-happens-if-my-bank-fails-7378029
- https://www.lorealparisusa.com/beauty-magazine/skin-care/skin-care-essentials/difference-between-bb-cream-and-cc-cream
- https://www.treasurydirect.gov/government/historical-debt-outstanding/
- https://www.cbsnews.com/minnesota/news/good-question-how-did-the-u-s-debt-get-so-high/
- https://www.bankrate.com/personal-finance/credit/bad-credit-score/
- https://www.thestreet.com/personal-finance/banks-most-at-risk-morningstar
- https://www.reuters.com/business/finance/moodys-cuts-nycb-ratings-junk-warns-more-downgrades-2024-02-07/
- https://www.marketwatch.com/story/wells-fargos-stock-has-reached-a-fair-price-after-runup-analyst-says-27d445a4
- https://www.cnn.com/2024/04/26/business/regulators-seize-republic-first-bancorp/index.html
- https://gitnux.org/most-popular-sodas-in-the-world/
- https://thestrategystory.com/blog/coca-cola-swot-analysis/
- https://finance.yahoo.com/news/looking-bet-perfect-aaa-credit-171500242.html
- https://www.investopedia.com/terms/s/sp.asp
- https://www.chase.com/personal/credit-cards/education/build-credit/cell-phone-financing
- https://www.atlanticcouncil.org/blogs/econographics/credit-downgrades-are-a-much-needed-warning/
- https://usafacts.org/articles/what-is-the-us-credit-rating/
- https://www.fidelity.com/learning-center/investment-products/fixed-income-bonds/bond-ratings
- https://www.bankrate.com/personal-finance/credit/when-does-old-debt-fall-off-credit-report/
- https://www.lendingtree.com/auto/what-credit-score-is-needed-to-buy-a-car/
- https://www.experian.com/blogs/ask-experian/which-credit-scores-do-mortgage-lenders-use/
- https://abcnews.go.com/Politics/us-national-debt-grew-314-trillion-high/story?id=99429867
- https://healthnews.com/nutrition/healthy-eating/is-coke-zero-bad-for-you/
- https://www.bankrate.com/investing/corporate-bonds/
- https://capital.com/bb-credit-rating-definition
- https://www.proctorhonda.com/auto-loan-qualification-credit-score-vehicle-interest-rate/
- https://www.investopedia.com/articles/investing/100814/why-10-year-us-treasury-rates-matter.asp
- https://www.fitchratings.com/entity/amazoncom-inc-96631782
- https://en.wikipedia.org/wiki/Big_Three_(credit_rating_agencies)
- https://corporatefinanceinstitute.com/resources/fixed-income/junk-bonds/
- https://www.fitchratings.com/research/corporate-finance/fitch-affirms-ratings-of-walmart-inc-at-aa-f1-outlook-stable-01-08-2022
- https://www.chase.com/personal/credit-cards/education/credit-score/credit-bureau-differences
- https://www.equifax.com/personal/education/credit/score/articles/-/learn/credit-score-ranges/
- https://www.investopedia.com/terms/b/bondrating.asp
- https://ycharts.com/indicators/us_corporate_bbb_effective_yield
- https://companiesmarketcap.com/amazon/total-debt/
- https://www.mayple.com/blog/amazon-ecommerce-competitors
- https://www.fitchratings.com/products/rating-definitions
- https://www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/94240-amazon-turns-2-7-billion-loss-in-2022-to-a-profit-of-30-billion-in-2023.html
- https://www.chase.com/personal/credit-cards/education/credit-score/most-accurate-score
- https://www.finra.org/investors/insights/what-to-know-high-yield-bonds
- https://www.wintwealth.com/bonds/aaa-rated-bonds/
- https://www.investopedia.com/terms/b/ba1-bb.asp
- https://cbonds.com/news/2353794/
- https://www.investors.com/etfs-and-funds/sectors/sp500-companies-cling-to-aaa-rating-as-u-s-risks-being-a-deadbeat/
- https://www.investors.com/news/technology/is-amazon-stock-buy-now-amzn/
- https://thehill.com/business/4516758-powell-there-will-be-bank-failures-caused-by-commercial-real-estate-losses/
- https://disclosure.spglobal.com/ratings/en/regulatory/instrument-details/sectorCode/CORP/entityId/101460/issueId/865168
- https://www.spglobal.com/ratings/_division-assets/pdfs/guide_to_credit_rating_essentials_digital.pdf
- https://www.cnbc.com/2023/11/02/average-credit-score-by-age-in-the-us.html
- https://www.investopedia.com/terms/h/high_yield_bond.asp
- https://ycharts.com/indicators/moodys_seasoned_aaa_corporate_bond_yield
