SGL-3

SGL-3

A rating of the risk, published by Moody's, that a company will not be able to meet its short-term liabilities due to illiquidity. An SGL-3 rating is the second least liquid rating. This indicates a company may or may not have cash on hand to pay immediate obligations. See also: SGL.
References in periodicals archive ?
The ratings agency last month downgraded Sears' speculativegrade liquidity rating to SGL-3 from SGL-2.
27 October 2011 -- Moody's raised Wednesday US chemical and aerospace products maker American Pacific Corp's (NASDAQ:APFC) speculative-grade liquidity rating to SGL-3 from SGL-4, citing expectations of adequate liquidity over the next 12-18 months.
Moody's also lowered Rite Aid's speculative-grade liquidity rating to SGL-3 from SGL-2 and affirmed the retailer's long-term debt ratings at B2--the fifth-highest junk rating.
In addition, the company's speculative grade liquidity rating is lowered to SGL-3 from SGL-2.
The agency also raised the company's speculative grade liquidity rating to SGL-2 from SGL-3.