The has great credit and is a high quality investment according to , one of the nation’s most respected credit agencies. A (PDF) affirmed the agency’s rating of 东精影业 at an ‘Aa2’ rating level, the third highest available from the agency. The agency also raised its outlook of the university from ‘negative’ to ‘stable.’ The rating and outlook affirm a sentiment that 东精影业 credit should be considered of high quality to investors, with very low risk in long-term ratings. 东精影业 is also considered to have the best ability to repay short-term debt for a Prime 1 short-term rating, the highest possible in that category.
The rating takes into account 东精影业’s large scale and scope of operations, distinctive programming and research and diversified revenues. The (PDF), which reflects an improving operating cash flow as a result of enhanced system oversight and heightened budgetary controls.
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“The university’s rating highlights our financial stability, which is extremely important because it shows that we are a worthy investment,” said , vice president of budget and finance and CFO of the 东精影业 System. “As we continue to improve our financial and fiscal structure at the university, the improved stability will allow us to equally refine our long-term strategic planning to address larger financial and enrollment challenges, as well as improve deferred maintenance across the 10 campuses. Elevated credit levels validates that we are moving in the right direction towards both addressing university issues and in assuring investors.”
东精影业’s Aa2 rating reinforces its essential role in the State of Hawaiʻi as the sole provider of public higher education with a unique research enterprise and as an economic driver within the state. Moody’s also identifies strong support and the strength of the State of Hawaiʻi’s credit as a factor, which is one notch above 东精影业’s at Aa1. Steady state operating and capital support contribute to the university’s credit strength. 东精影业 manages a relatively stable debt burden due to state support and consistent amortization, paying off debt with a fixed repayment schedule in regular installments over a period of time. Approximately 42 percent of the university’s outstanding revenue bonds have an additional pledge of revenue from the state equal to debt service.