Investor Relations

Ratings & Covenants

RATINGS

AGENCY RATING CATEGORY RATING LAST UPDATE
Standard and Poor’s Corporate br AAA 09/19/2019
Fitch Ratings Corporate br AA- 08/23/2021

COVENANTS

Covenant Debt

Calculation: (Net Debt + Properties Payables) / Total Equity < 0.65

 

Covenant Receivables

 

Calculation: (Receivables + Unearned Gross Sales Revenue + Inventories) / (Net Debt + Properties Payables + Unearned Costs of Units Sold) > 1.6