Rapid Ratings International Inc., an independent ratings, research and analytics firm, has created the Peer Benchmark Report. The new service contrasts each company against its sector peers on a number of key levels. Like the original Financial Health Rating Report and Indicator Report, the Peer Benchmark Report is a company-specific document that provides metrics and commentary. It presents the company's financial health metrics and an array of preferred financial indicators alongside the sector's average in each metric. The report is currently available for some 6,500 public entities in Rapid Ratings' online library, as well as for thousands of private companies rated confidentially for clients. Rapid Ratings' quantitative system uses objective financial information, such as balance-sheet and income-statement details, to provide a single number, updated quarterly, representing the financial health of a company.
