Transition Matrix - SME
Transition Metric shows the percentage of rating changes to total rated entities for a particular time period. The transition of ratings may be upwards or downwards in the scale. Transition Metrics are helpful for managing credit risks, structuring and pricing of debt. These rates also indicate the accuracy (or inaccuracy) of rating agencies in forecasting the probability of default.
CRISL SME Rating Transition Matrix (2016-2022)
|
|
SME-1 |
SME-2 |
SME-3 |
SME-4 |
SME-5 |
SME-6 |
SME-7 |
SME-8 |
SME-9 |
SME-10 |
|
SME-1 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-2 |
0.00% |
83.33% |
16.67% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-3 |
0.00% |
2.85% |
93.49% |
2.94% |
0.45% |
0.27% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-4 |
0.00% |
1.29% |
38.69% |
59.52% |
0.35% |
0.05% |
0.00% |
0.00% |
0.00% |
0.10% |
|
SME-5 |
0.00% |
0.00% |
25.00% |
0.00% |
75.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-6 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-7 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
100.00% |
0.00% |
0.00% |
0.00% |
|
SME-8 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-9 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-10 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
CRISL SME Rating Transition Matrix (2016-2021)
|
|
SME-1 |
SME-2 |
SME-3 |
SME-4 |
SME-5 |
SME-6 |
SME-7 |
SME-8 |
SME-9 |
SME-10 |
|
SME-1 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-2 |
0.00% |
83.33% |
0.00% |
16.67% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-3 |
0.00% |
2.67% |
93.67% |
3.03% |
0.36% |
0.27% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-4 |
0.00% |
0.75% |
35.06% |
63.64% |
0.40% |
0.05% |
0.00% |
0.00% |
0.00% |
0.10% |
|
SME-5 |
0.00% |
0.00% |
12.50% |
12.50% |
75.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-6 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-7 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
100.00% |
0.00% |
0.00% |
0.00% |
|
SME-8 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-9 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-10 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
CRISL SME Rating Transition Matrix (2016-2020)
|
|
SME-1 |
SME-2 |
SME-3 |
SME-4 |
SME-5 |
SME-6 |
SME-7 |
SME-8 |
SME-9 |
SME-10 |
|
SME-1 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-2 |
0.00% |
83.33% |
0.00% |
16.67% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-3 |
0.00% |
2.32% |
95.19% |
2.23% |
0.18% |
0.08% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-4 |
0.00% |
0.85% |
33.57% |
65.19% |
0.25% |
0.04% |
0.00% |
0.00% |
0.00% |
0.10% |
|
SME-5 |
0.00% |
0.00% |
12.50% |
0.00% |
87.50% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-6 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-7 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
100.00% |
0.00% |
0.00% |
0.00% |
|
SME-8 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-9 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
SME-10 |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |