ETHICAL COMPLIANCE REPORT

CENTURY TEXTILES

CENTURY TEXTILES Logo

Sector:

Basic Materials

Industry:

Paper & Paper Products

Overall Compliance

compliant

compliant

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.

23.6%

CALCULATION

Debt Ratio:24815400000.00105101600000.00×100=23.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{24815400000.00}{105101600000.00} \times 100 = 23.60\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\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.

3.8%

CALCULATION

Liquidity Ratio:4015000000.00105101600000.00×100=3.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4015000000.00}{105101600000.00} \times 100 = 3.80\%

FORMULA

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

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.

0.9%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:417300000.0045700100000.00×100=0.90%\textbf{Revenue Ratio:} \\[12pt] \dfrac{417300000.00}{45700100000.00} \times 100 = 0.90\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other operating revenue
compliant
compliant		₹249.58
real state revenue
compliant
compliant		₹4,263.96
Interest Income
non-compliant
non-compliant		₹41.73
Other income
compliant
compliant		₹14.74