This month FIDI has released its report from EY (Ernst & Young), assessing the creditworthiness of international movers from around the world. The EY Credit Barometer (EY CRB) is a unique tailor-made solution for FIDI taking into account both long term and short-term financial ratios, in order to assess the risk of a FIDI Affiliate not being credit worthy.

It uses financial statements of the previous year and returns one single value to indicate the credit worthiness of an Affiliate. That single value is calculated based on three different types of ratios: Solvency, Liquidity and Profitability.

– Solvency is the ability of a company to meet its long-term financial obligations.
– Liquidity is the ability of a company to meet its short-term financial obligations.
– Profitability is the ability of a company to generate earnings compared to its costs.

92% of FIDI members participated in the assessment with:
– 88% deemed as ‘low risk’.
– 79% deemed as ‘low solvency risk’,
– 42% deemed as ‘low liquidity risk’
– 22% deemed ‘low profitability risk’.

31 companies were deemed as High Risk and 13 as Critical Risk.

We are delighted to confirm that John Mason International ranked ‘low risk’ across all three ratios. This independent financial assessment by EY offers reassurance to consumers that the John Mason International is both financially secure and healthy compared to 11% of International movers based within the UK & Europe who have been identified as being medium or high financial risk.