АЛРОСА Б03
Yield per half year: 0.76%
Category: Корпоративные
Profitability chart
Yield to maturity chart compared to ОФЗ 26230
Yield to maturity
 Denomination: 1000 rub
 Price % of denomination: 92.65 %
 NKD: 9.29 rub
 Yield to maturity: 20.67%
 Coupon yield: 5.75%
 Profitability coupon from current price: 6.21%
 Current yield on coupons with reinvestment: 6.35%
 Coupon: 14.34 rub
 Coupon once of year: 4.01
Grade

Quality: 8.33/10
BQ = (R(ROE) + R(NetDebt/Equity) + R(Earnings variability)) / 3 
Liquidity index: 45.05/10
Li = (Lbasei  min(Lbase)) / (max(Lbase)  (min(Lbase))
Lbasei = (𝑉𝑖 / 𝑉)^2, where
Li  final value of the liquidity index
𝑉𝑖  average daily trading volume for the ith instrument for the previous 30 trading days
𝑉  average daily trading volume for all instruments for the previous 30 trading days
Li = (0  0.90782122740876) / (1.1093291375691  0.90782122740876)
Credit rating
 Credit rating Акра: AAA(RU)
 Credit rating Эксперт: ruAAA
 Credit rating Fitch: BBB
 Credit rating Moody: Baa2
 Credit rating S&P: BBB
Altman index
In 1968, Professor Edward Altman proposed his now classic fivefactor model for predicting the likelihood of enterprise bankruptcy. The formula for calculating the integral indicator is as follows:
Z = 1.2*X1 + 1.4*X2 + 3.3*X3 + 0.6*X4 + X5
X1 = Working capital/Assets, X2 = Retained earnings/Assets, X3 = Operating profit/Assets, X4 = Market value of shares/Liabilities, X5 = Revenue/Assets
If Z > 2.9 – zone of financial stability (“green” zone).
If 1.8 < Z <= 2.9 – zone of uncertainty (“gray” zone).
If Z <= 1.8 – financial risk zone (“red” zone).
Altman index, ZScore = 1.2 * 0.87 + 1.4 * 0.14 + 3.3 * 0.2 + 0.6 * 3.86 + 0.54 = 4.7718
Evstropov index
Y = 0.25  14.64 * R1  1.08 * R2  130.08 * R3
where Y is the calculated coefficient; R1  the ratio of profit before taxes and interest to total assets; R2 is the growth rate of sales revenue in the reporting year; R3  absolute liquidity ratio (ratio of cash to current liabilities).
P = 1 / (1 + e^{Y})  probability of opening a bankruptcy procedure
Evstropov index, Y = 0.25  14.64 * 0.2  1.0.8 * 0.44  130.08 * 0.27 = 38.2218
P = 1 / (1 + e^{38.2218}) = 0%
Based on sources: porti.ru