Keep an Eye on Captive Finance Entities
Morningstar's Richard Hilgert discusses why equity investors should check the credit worthiness of captive finance entities before jumping into a parent's stock.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm joined today by Richard Hilgert. He is a securities analyst at Morningstar, and he recently helped put together our new captive finance entity rating methodology.
Richard, thanks so much for joining me today.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.