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Credit Analysis

Term in Qoyod's Accounting Glossary — Practical definition with examples from the Saudi market.

What is Credit Analysis?

Credit analysis is the evaluation of a borrower’s ability and willingness to repay debt obligations. It examines financial statements, cash flow, collateral, industry, management, and macro factors.

How It Works

  • Analyze financials and ratios (leverage, coverage, liquidity).
  • Assess qualitative factors (sector, management, governance).
  • Assign an internal rating and recommend terms.

Saudi Context

Saudi banks under SAMA apply structured credit-analysis frameworks, often integrating Kafalah guarantee eligibility for SMEs and ZATCA tax-status checks for corporates.

Example

A Saudi bank analyses a contractor’s DSCR (1.4x), leverage (debt/EBITDA 3.2x), and three-year cash-flow trend before approving a SAR 30 million facility.

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