Ratings Definitions
Tier I: Lower Risk
T1: A rating of “T1” is the highest rating a company is able to achieve from Tiarta. Based on the materials reviewed, the rated company provides transparent, consistent, and direct information.
T1-: Based on the materials reviewed, a company with a rating of “T1-“ provides transparent, consistent, and direct information with minimal indications of concern within the presentation, description of the financials, and other corporate activity.
Tier II: Medium Risk
T2+: Based on the materials reviewed, a company with a rating of “T2+” provides fairly transparent, consistent, and direct information. The reviewed documents exhibit some indications of concern within the presentation, description of the financials, and other corporate activity.
T2: Based on the materials reviewed, a company with a rating of “T2” provides fairly transparent, consistent, and direct information. The reviewed documents exhibit several indications of concern within the presentation, description of the financials, and other corporate activity.
T2-: Based on the materials reviewed, a company with a rating of “T2-” provides limited transparency, consistency, and straight-forwardness. There are considerable indications of concern within the presentation, description of the financials, and other corporate activity.
Tier III: Higher Risk
T3: Based on the materials reviewed, a rating of “T3” denotes a company that provides significantly limited transparency, consistency, and straight-forwardness. There are significant concerns within the presentation, description of the financials, and other corporate activity.
Caveats & disclosures: The contents of a report constitute an opinion and not considered facts; therefore, they cannot be accurate (correct) or inaccurate (incorrect). Companies with the same ratings may have similar, but not identical risk profiles. Ratings are not predictive, nor are they an endorsement to buy or sell a given security. Nothing in this report constitutes financial, legal, or tax advice.
Information utilized to develop a report is deemed reliable, but not guaranteed. The underlying analysis to complete a rating is not a comprehensive evaluation of the underlying organization. All opinions are reflective of judgments made on the original date of publication and subject to change without notice.
A report is strictly for the purchaser’s own, non-commercial, internal use. No portion of a report, or in its entirety, shall be reproduced, resold, or transmitted in any printed, electronic, or other form.
