ETHICAL COMPLIANCE REPORT

JK PAPER

Sector:

Basic Materials

Industry:

Paper & Paper Products

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Paper Products
compliant
REVENUE RATIO FILTER
1.6%
View Calculations
DEBT RATIO FILTER
22.8%
View Calculations
LIQUIDITY RATIO FILTER
0.8%
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.

1.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{1103600000.00}{68864300000.00} \times 100 = 1.60\%

FORMULA

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

Segment	Compliance	Value
Sale of Paper & Related Products	compliant	₹6,594.89
Other Operating Revenue	compliant	₹64.34
Interest income	non-compliant	₹37.25
Net Gain on Sale of Investments	questionable	₹73.11
Other Income	compliant	₹116.84

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.

22.8%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{21253200000.00}{93277900000.00} \times 100 = 22.80\%

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.

0.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{734800000.00}{93277900000.00} \times 100 = 0.80\%

FORMULA

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