Fundamentals of Credit Analysis
This foundational course is focused on understanding and evaluating credit quality in corporate issuers. It examines the methods that analysts can use to determine credit quality as it relates to debt issues.
Segment 1 - Introduction to the course and the instructor
Segment 2 - Investment risk
Segment 3 - Credit risk
Segment 4 - Investors, borrowers, issuers & bonds
Segment 5 - Bond pricing
Segment 6 - Capacity
Segment 7 - Collateral
Segment 8 - Covenants
Segment 9 - Character
Segment 10 - Sustainable cash flows
Segment 11 - Profits and losses
Segment 12 - Liabilities
Segment 13 - Assets
Segment 14 - Cover ratios
Segment 15 - Profitability
Segment 16 - Leverage
Segment 17 - Laon to Value
Segment 18 - Credit rating agencies
Segment 19 - Ratings scales and default
Segment 20 - Investment and non-investment grade issues
Segment 21 - Probability of Default and Loss Given Default
Segment 22 - Conclusions and Takeways