Ethical Compliance

THE GE SHPG.LTD
Sector:
Industrials
Industry:
Marine Shipping
Market Cap Class:
medium
Revenue
7.1%
Debt
18%
Liquidity
29.1%
Revenue
Debt
Liquidity
7.1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Charter Hire | ₹3,601.69 |
Other Operating Revenue | ₹79.55 |
Freight and Demurrage | ₹1,573.93 |
Other Income | ₹241.60 |
Questionable
INR Crores
Investment Gain | ₹210.13 |
Non Compliant
INR Crores
Interest Income | ₹211.80 |
INR Crores
Revenue from Questionable Sources: | ₹210.13 |
Revenue from Non Compliant Sources: | ₹211.80 |
Total: | ₹421.93 |
Total Revenue: | ₹5,918.70 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹421.93
₹5,918.70
= 7.1%
non-compliant
Rationale
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.