Welcome to CreditPulse

CreditPulse is an online publication that provides in-depth coverage, analysis and perspective of credit markets and global currency and capital markets in order to ensure maximize performance in credit risk and investment decisions. CreditPulse also monitors the credit standards and performance benchmarks of a variety of industries and public companies through its proprietary Credit Standards Index (CSI).

Learn More about the Credit Standards Index
Rank Company Industry Revenue* Bad Debt Allow DSO Ops Cash as % of Rev Current Ratio Debts/ Assets CSI Score
1 Arena Resources Inc
Tulsa, OK
Oil/Gas-Independent 208,859 0.0% 20.05 84.9% 4.52 0.18 1.00
2 Monolithic Power Systems Inc
Los Gatos, CA
Semiconductor 160,511 0.0% 20.73 24.7% 5.53 0.16 1.00
3 Tessera Technologies Inc
San Jose, CA
Semiconductor Equip 248,291 0.4% 21.65 27.6% 7.21 0.11 1.00
4 Gen-Probe Inc
San Diego, CA
Medical Equip/Supplies 472,695 2.1% 25.79 37.7% 13.49 0.06 1.00
5 United Microelectronics
Hsinchu City, Taiwan
Semiconductor 3,071,496 0.1% 31.62 46.7% 5.37 0.15 1.10
Rank Industry No. of Comp Write- Offs Int'l Sales Bad Debt Allow DSO Ops Cash as % of Rev Current Ratio Debts/ Assets CSI Score
1 Semiconductor 89 51% 70.00% 3.2% 41.56 15.0% 4.69 0.33 2.18
2 Diagnostic Substances 10 83% 15.80% 3.1% 58.23 18.0% 4.96 0.22 2.29
3 Biotechnology 17 147% 25.60% 2.4% 58.09 23.0% 4.77 0.37 2.32
4 Mining/Quarrying 28 14% 27.80% 1.4% 35.44 21.0% 1.77 0.54 2.45
5 Oil/Gas-Independent 63 27% 3.60% 2.3% 37.09 57.0% 1.20 0.56 2.46

Recent Articles

After a brief recovery, Argentina's currency and capital markets are once again in trouble as investors begin to sour on the country's prospects.

Argentina's currency, the peso, hit an all-time low on Tuesday closing at 22.476 against the U.S. dollar, a decline of 22 percent since the beginning of the year and a 46 percent drop since the beginning of 2017, the last time that the currency actually increased against the dollar.

view

Nigerian President Buhari and President Trump vow greater cooperation on trade, terrorism, humanitarian aid and corruption.  

The United States and Nigeria renewed their strategic and economic interests on Monday as Nigerian President Muhammadu Buhari became the first sub-Saharan African leader to visit the White House since President Trump took office in January 2017.

view

Business investment remains sturdy but growth continues at a moderate pace as consumer spending falls to lowest level in five years.

The U.S. economy lurched toward the milestone $20 trillion mark as first quarter growth expanded at a modest 2.3 percent seasonally adjusted annualized rate, according to the advance estimate released Friday from the Commerce Department. 

view

Venezuela's massive devaluation and the slide in Sudan's currency set the pace for renewed volatility in global currency markets for 2018.

After months of calm, currency markets are rumbling again as the volatility rate for global currencies reached the pivotal 1.50 percent threshold in the first quarter of 2018, the highest quarterly average since the fourth quarter of 2016, according to the lastest data from the Currency Volatility Index (CVI).

view

Core inflation, the CPI less food and energy, jumped over the Fed's 2.0 percent threshold to 2.1 percent, led by an increase in motor vehicle insurance.

Consumer prices rose 2.4% in March from a year earlier, according to the Labor Department, which released its monthly Consumer Price Index (CPI) figures earlier today.  Just as important was a rise in core inflation, overall inflation less the more volatile food and energy prices, which increased to 2.1%.

view

Fed to stay on course with rate increases even as economic and inflation projections remain modest.  "Our inflation objective is symmetric."

The U.S. Federal Reserve, the world's largest central bank, raised its short term federal funds rate by a quarter percent yesterday bringing the signature interest rate to 1 3/4%, it's highest level since 2008, the year of the crisis when it dropped from 4.25 to 0.25 (see graph below).

view