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Financial Data Requirements

What are the data requirements to complete a FHR?

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Written by Lucas Lindenlaub
Updated today

List of Required Line Items & Other Important Information

To complete a rating, we require a balance sheet, an income statement, and a cash flow statement, if your company produces one. A Cash Flow statement is not required if it is not normally produced.

At a minimum, we require the line items listed in the table below. We recommend using our QuickSync or Structured Template options to provide full, comprehensive financials for the most robust rating possible.

The financial data must not be older than 12 months. If year end financials are not yet available, interim financials, based on trailing 12 months of data, must be provided. RapidRatings does not release ratings based on financial data older than 12 months.

We are able to accept management accounts, internal financials, and unaudited data, so don't wait to submit data. Our QuickSync feature enables you to seamlessly connect your accounting package in minutes to get a rating as fast as possible.

Balance Sheet

Profit & Loss Statement

Cash Flow Statement (if available)

Total Current Assets

Sales Revenue

Cash from Operations

-Portion that is cash and cash equivalents

Operating Profit

Total Assets

Depreciation

Total Current Liabilities

Interest Expense

-Portion that is debt owed < 1 year

Net Profit

Total Long-Term Liabilities

-Portion that is debt owed > 1 year

Total Equity

Please ensure that:

  • Units (actuals, thousands, or millions) and currency are clearly indicated

  • The start and end dates for the P&L and cash flow statements are included

  • The balance sheet date matches the fiscal year-end on the P&L

  • At least 12 months of P&L data ending within the past year (can be combined from multiple periods) is provided

  • The balance sheet balances

    • For US companies: Assets = Liabilities + Equity

    • Non-US Companies: Total Assets = Total Liabilities + Total Equity. All assets and liabilities must be included, such as provisions, deferrals, accruals, and severance indemnities. Please either include these in the totals or provide them separately

  • If your company does not produce a cash flow statement, it is noted in your submission


Incomplete Submissions & Follow-Up

You will be notified if your submission is incomplete, contains conflicting data, or requires clarification via the portal. A rating will not be available unless the data requirements have been met.

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