ETHICAL COMPLIANCE REPORT

HIMATSINGKA SEIDE

Sector:

Consumer Cyclical

Industry:

Textile Manufacturing

Overall Compliance

non-compliant

non-compliant

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.

0.7%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:211330000.0028625840000.00×100=0.70%\textbf{Revenue Ratio:} \\[12pt] \dfrac{211330000.00}{28625840000.00} \times 100 = 0.70\%

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		₹264.40
Other Income
questionable
questionable		₹16.14
Interest Income
non-compliant
non-compliant		₹4.99
Sales of Goods
compliant
compliant		₹2,577.05

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.

48.3%

CALCULATION

Debt Ratio:27981276000.0057945110000.00×100=48.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{27981276000.00}{57945110000.00} \times 100 = 48.30\%

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.

2.8%

CALCULATION

Liquidity Ratio:1639266000.0057945110000.00×100=2.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1639266000.00}{57945110000.00} \times 100 = 2.80\%

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\%