ETHICAL COMPLIANCE REPORT

SALZER ELECTRONICS

Sector:

Industrials

Industry:

Electrical Equipment & Parts

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Electronics
compliant
REVENUE RATIO FILTER
0.1%
View Calculations
DEBT RATIO FILTER
31%
View Calculations
LIQUIDITY RATIO FILTER
1.2%
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.

0.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{6649000.00}{11682620000.00} \times 100 = 0.10\%

FORMULA

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

Segment	Compliance	Value
Sale of Services -technical Services	compliant	₹1.81
Other Operating Revenue	compliant	₹3.73
Interest Income	non-compliant	₹0.58
Net Gain on Sale of Investments	questionable	₹0.08
Other Income	compliant	₹1.28
manufacture of Electrical Insatllation Products	compliant	₹1,160.77

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.

31%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{3078693000.00}{9931954000.00} \times 100 = 31.00\%

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.

1.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{120722000.00}{9931954000.00} \times 100 = 1.20\%

FORMULA

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