ETHICAL COMPLIANCE REPORT

STOVE KRAFT

Sector:

Consumer Cyclical

Industry:

Furnishings, Fixtures & Appliances

Overall Compliance

compliant

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.

0.1%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:7740000.0013643860000.00×100=0.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{7740000.00}{13643860000.00} \times 100 = 0.10\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
kitchen solutions
compliant
compliant		₹1,337.00
Export incentives
compliant
compliant		₹1.80
Interest income
non-compliant
non-compliant		₹0.77
Other Income
compliant
compliant		₹2.08
Scrap sales
compliant
compliant		₹22.73

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.

13.3%

CALCULATION

Debt Ratio:1458050000.0010967650000.00×100=13.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{1458050000.00}{10967650000.00} \times 100 = 13.30\%

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.

1.4%

CALCULATION

Liquidity Ratio:150180000.0010967650000.00×100=1.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{150180000.00}{10967650000.00} \times 100 = 1.40\%

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\%