New Constructs Adds Credit Ratings for 2,750+ Companies
NASHVILLE, Tenn., March 4, 2021 (Newswire.com) - New Constructs (NC), the leading provider of fundamental research on private and public businesses, announced today that it provides Credit Ratings for 2,750+ companies.
New Constructs' Credit Ratings differ from traditional ratings because they are based on proprietary Adjusted Fundamentals, proven superior to traditional unscrubbed data by a paper forthcoming in The Journal of Financial Economics. Accordingly, these new Credit Ratings more accurately measure a firm's leverage, liquidity, interest coverage, and overall creditworthiness.
New Constructs' Credit Ratings also differ from legacy providers' ratings as follows:
- More coverage: credit ratings for 2750+ companies.
- Daily updates: all ratings reviewed daily based on market events and new financial data.
- Unbiased: New Constructs is 100% independent and has no conflicts of interest with research clients and is not paid by companies or bankers for credit or equity ratings.
"Better data drives better models, especially for Credit Ratings. Most investors are unaware of the problems with legacy data and ratings," said David Trainer, CEO of New Constructs. "Our new Credit Ratings reveal the magnitude of the problems and the benefits of fixing them."
All members of New Constructs can access Credit Ratings on the Portfolios, Ratings, or Screeners pages of the website. Details on how to access Credit Ratings are here. Get a free copy of one of our Credit Rating reports here.
About New Constructs
New Constructs provides insights into the fundamentals and valuation of private and public businesses. Combining human expertise with natural language processing (NLP), machine learning (ML) and artificial intelligence (AI) technologies, the firm shines a light in the dark corners (e.g. footnotes) of hundreds of thousands of corporate financial filings to reveal critical details that drive uniquely comprehensive and independent debt and equity investment ratings, valuation models and research tools.
New Constructs has been featured in national business news publications including CNBC, Wall Street Journal, Barron's, Forbes, Seeking Alpha, Benzinga and more. Other strategic partnerships with IEX Cloud, Apex Clearing, TD Ameritrade, Wisdom Tree, Refinitiv/Thomson Reuters, Interactive Brokers and EY enable New Constructs to deliver data, models, ratings and research on over 10,000 stocks, bonds, ETFs and mutual funds to millions of investors, financial advisors and corporate executives.
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Media Contact:
Scott Gamm
Strategy Voice Associates, LLC
[email protected]
strategyvoiceassociates.com
Source: New Constructs, LLC
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Tags: adjusted fundamentals, Credit Ratings, creditworthiness, Equity Ratings, fundamental research, fundmental data