ETHICAL COMPLIANCE REPORT

TARSONS PRODUCTS

Sector:

Healthcare

Industry:

Medical Instruments & Supplies

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.

0.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:17800000.003078690000.00×100=0.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{17800000.00}{3078690000.00} \times 100 = 0.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other Income
compliant
compliant		₹9.70
Plastic products, Instruments & Equipments
compliant
compliant		₹294.74
Interest Income
non-compliant
non-compliant		₹1.78
Sale of Scrap
compliant
compliant		₹1.65

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.

26.4%

CALCULATION

Debt Ratio:2567820000.009721840000.00×100=26.40%\textbf{Debt Ratio:} \\[12pt] \dfrac{2567820000.00}{9721840000.00} \times 100 = 26.40\%

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.

2.3%

CALCULATION

Liquidity Ratio:226110000.009721840000.00×100=2.30%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{226110000.00}{9721840000.00} \times 100 = 2.30\%

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\%