Ethical Compliance

HERITAGE FOODS
Sector:
Consumer Defensive
Industry:
Packaged Foods
Market Cap Class:
small
Revenue
0%
Debt
7.2%
Liquidity
6.5%
Revenue
Debt
Liquidity
0%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sale of Services | ₹2.39 |
Milk & Milk Products | ₹3,789.43 |
Scrap sales | ₹2.08 |
Other Income | ₹11.49 |
Questionable
INR Crores
Dividend income | ₹0.00 |
Non Compliant
INR Crores
Interest income | ₹0.47 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹0.47 |
Total: | ₹0.47 |
Total Revenue: | ₹3,805.87 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹0.47
₹3,805.87
= 0%
compliant
Rationale
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.