ETHICAL COMPLIANCE REPORT

QUESS CORP

QUESS CORP Logo

Sector:

Industrials

Industry:

Staffing & Employment Services

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.

14.8%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:28251240000.00191295860000.00×100=14.80%\textbf{Revenue Ratio:} \\[12pt] \dfrac{28251240000.00}{191295860000.00} \times 100 = 14.80\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100    3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Product Led Business
compliant
compliant
₹517.09
Workforce Management
compliant
compliant
₹13,442.28
Operating Asset Management
questionable
questionable
₹2,800.74
Global Technology Solutions
compliant
compliant
₹2,340.03
Interest Income
non-compliant
non-compliant
₹20.71
Other Income
compliant
compliant
₹5.07
Investment Gain
questionable
questionable
₹3.68

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.

5.9%

CALCULATION

Debt Ratio:3695360000.0062549430000.00×100=5.90%\textbf{Debt Ratio:} \\[12pt] \dfrac{3695360000.00}{62549430000.00} \times 100 = 5.90\%

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.

8.7%

CALCULATION

Liquidity Ratio:5452640000.0062549430000.00×100=8.70%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{5452640000.00}{62549430000.00} \times 100 = 8.70\%

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\%