How NCS is Calculated

Four main categories are evaluated when calculating NCS for a borrower:

Operations: business model, operating history, production efficiency, inventory turnover, cash conversion cycle, branding… etc

Industry: macroeconomics, market size/growth, competitive landscape, product differentiation, regulatory outlook… etc

Other Factors: management, shareholders, corporate structure, geographic risks, legal disputes, political stability… etc

Financials: revenue, profitability, cash position, liability, cashflow…etc