6.3.2 Quantitative Assessment

In this section

• Mastering Financial Ratios for Credit Analysis in Fixed Income
  Explore essential financial ratios for credit analysis in fixed income, including leverage, coverage, and liquidity ratios. Learn calculation methods, interpretation, and industry benchmarks to optimize your bond investment strategies.
• Cash Flow Analysis in Credit Risk Assessment
  Explore the critical role of cash flow analysis in evaluating an issuer's ability to meet debt obligations. Learn about operating cash flows, free cash flow, and cash flow projections, and understand the impact of capital expenditures, working capital changes, and financing activities.
• Debt Structure and Covenants: Understanding Key Elements in Credit Analysis
  Explore the intricacies of debt structure and covenants, including maturity schedules, interest rates, and the role of secured vs. unsecured debt in credit analysis. Learn how covenants protect investors and the implications of breaches and cross-default provisions.