ETHICAL COMPLIANCE REPORT

MAX HEALTHCARE INS

Sector:

Healthcare

Industry:

Medical Care Facilities

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Healthcare Company
compliant
REVENUE RATIO FILTER
2.6%
View Calculations
DEBT RATIO FILTER
4.7%
View Calculations
LIQUIDITY RATIO FILTER
12.2%
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.

2.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{1223100000.00}{47018400000.00} \times 100 = 2.60\%

FORMULA

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

Segment	Compliance	Value
Revenue From Healthcare Services (net)	compliant	₹4,381.88
Sale of Drugs and Pharmaceuticals Supplies	compliant	₹107.07
Other Operating Revenue	compliant	₹73.65
Others	compliant	₹16.93
interest & other	non-compliant	₹122.31

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.

4.7%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{5648300000.00}{119999400000.00} \times 100 = 4.70\%

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.

12.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{14680700000.00}{119999400000.00} \times 100 = 12.20\%

FORMULA

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