The process of analyzing financial and non-financial information on companies, individuals, sovereign states, local bodies or any other obligation seeker in order to estimate the ability of the obligation seeker to live up to its future contractual obligations. The inputs to credit analysis are from many sources, some of which include: detailed financial analysis, industry analysis, economic analysis, and views of the experts. The output of a credit analysis process is usually a subjective judgment on the credit quality (rating) of the obligation seeker.
