ETHICAL COMPLIANCE REPORT

GANESH HOUSING CORP

GANESH HOUSING CORP Logo

Sector:

Real Estate

Industry:

Real Estate - Development

Overall Compliance

non-compliant

non-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.

1.5%

CALCULATION

Debt Ratio:260394000.0017691207000.00×100=1.50%\textbf{Debt Ratio:} \\[12pt] \dfrac{260394000.00}{17691207000.00} \times 100 = 1.50\%

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.

13%

CALCULATION

Liquidity Ratio:2306442000.0017691207000.00×100=13.00%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2306442000.00}{17691207000.00} \times 100 = 13.00\%

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.

0.8%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:69302000.008989413000.00×100=0.80%\textbf{Revenue Ratio:} \\[12pt] \dfrac{69302000.00}{8989413000.00} \times 100 = 0.80\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest Income
non-compliant
non-compliant		₹6.93
Sales From Land & Construction Related Activities
compliant
compliant		₹888.37
Other Operating Revenue
compliant
compliant		₹3.64