Moody’s Analytics, announced the release of the enhanced RiskCalc Plus™ US 4.0 model with new coverage of not-for-profit organizations, private real estate operators, and transportation dealerships.  The new model not only increases the default predictive power for the three new sectors by taking into account the sectors’ unique accounting standards, but also incorporate the latest default data from the recent financial crisis.

RiskCalc Plus, a family of 28 country- and industry-specific models for private firms, produces a forward-looking default probability by combining financial statement and equity market information to create a predictive measure of standalone credit risk. Lenders use this measurement to assess a company’s ability to repay debt.

Source:  Osixmedia.com