DBRS Morningstar Publishes Updated Common Adjustments for Calculating Financial Ratios Criteria

DBRS Morningstar published an updated version of “DBRS Morningstar Global Criteria: Common Adjustments for Calculating Financial Ratios” (the Criteria), which outlines adjustments to financial statements that DBRS Morningstar may use when calculating financial ratios.

DBRS Morningstar has conducted a periodic review of the Criteria. This update supersedes the previous version published on December 8, 2022, and is effective as of November 9, 2023. DBRS Morningstar deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

Notes:
DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at [email protected].