TRW Automotive Inc. - S&P Global Ratings’ Credit Research

TRW Automotive Inc.

TRW Automotive Inc. - S&P Global Ratings’ Credit Research
TRW Automotive Inc.
Published May 04, 2012
5498 words — Published May 04, 2012
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Leading market position; Fair product and geographic diversity; Good technology and value-added content; and Free cash flow generation. Highly competitive markets; Relatively narrow business base; Somewhat concentrated customer base; and Exposure to volatile commodity prices. Our rating on TRW Automotive Inc. reflects our assessment of its financial risk as "intermediate" and its business risk profile as "fair." The intermediate financial risk profile reflects the company's moderate financial policy, which has led to permanent debt reduction using discretionary cash flow. TRW's profits and cash flow in 2011 benefited from the continuing recovery in global auto markets, even though auto sales were mixed in its key European market, because the company significantly cut costs during the economic downturn that had reduced its

  
Brief Excerpt:

RESEARCH TRW Automotive Inc. Publication date: 04-May-2012 Primary Credit Analyst: Nancy C Messer, CFA, New York (1) 212-438-7672; nancy_messer@standardandpoors.com Secondary Contact: Robert Schulz, CFA, New York (1) 212-438-7808;...

  
Report Type:

Full Report

Ticker
357970Z
Issuer
TRW Automotive Inc.
GICS
Auto Parts & Equipment (25101010)
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "TRW Automotive Inc." May 04, 2012. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/TRW-Automotive-Inc-963115>
  
APA:
S&P Global Ratings’ Credit Research. (). TRW Automotive Inc. May 04, 2012. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/TRW-Automotive-Inc-963115>
  
US$ 500.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.