ETHICAL COMPLIANCE REPORT

CARTRADE TECH

Sector:

Consumer Cyclical

Industry:

Auto & Truck Dealerships

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Auto Platform provider
compliant
REVENUE RATIO FILTER
11.1%
View Calculations
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
4%
View Calculations

Revenue Ratio

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.

11.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{615459000.00}{5552269000.00} \times 100 = 11.10\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
Website Services and Fees	compliant	₹203.78
Other Operating Revenue	compliant	₹0.35
Commission and Related Income	compliant	₹285.82
Interest Income	non-compliant	₹16.20
Investment Gain	questionable	₹45.35
Other Income	compliant	₹3.73

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{25097833000.00} \times 100 = 0.00\%

FORMULA

\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{994541000.00}{25097833000.00} \times 100 = 4.00\%

FORMULA

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%