ETHICAL COMPLIANCE REPORT

PRINCE PIPES FITTINGS

PRINCE PIPES FITTINGS Logo

Sector:

Industrials

Industry:

Building Products & Equipment

Overall Compliance

compliant

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.

5.4%

CALCULATION

Debt Ratio:1144.4121232.32×100=5.40%\textbf{Debt Ratio:} \\[12pt] \dfrac{1144.41}{21232.32} \times 100 = 5.40\%

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.

3.7%

CALCULATION

Liquidity Ratio:777.1421232.32×100=3.70%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{777.14}{21232.32} \times 100 = 3.70\%

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.

0.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:120.0525848.41×100=0.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{120.05}{25848.41} \times 100 = 0.50\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100    3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Plastic Products
compliant
compliant
₹0.00
Other Operating Revenue
compliant
compliant
₹0.00
Interest income
non-compliant
non-compliant
₹0.00
Net Gain on Sale of Investments
questionable
questionable
₹0.00
Other Income
compliant
compliant
₹0.00