ETHICAL COMPLIANCE REPORT

THE NEW INDIA ASSU CO

THE NEW INDIA ASSU CO Logo

Sector:

Financial Services

Industry:

Insurance - Diversified

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.

100%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:42339844000.0042339844000.00×100=100.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{42339844000.00}{42339844000.00} \times 100 = 100.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100    3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Premium Earned
non-compliant
non-compliant
₹3,301.95
Profi t on Sale or Redemption of Investments
questionable
questionable
₹429.63
Interest, Dividend and Rent
non-compliant
non-compliant
₹502.40

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.

0%

CALCULATION

Debt Ratio:0.001081246899999.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{1081246899999.00} \times 100 = 0.00\%

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.

13.2%

CALCULATION

Liquidity Ratio:143201000000.001081246899999.00×100=13.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{143201000000.00}{1081246899999.00} \times 100 = 13.20\%

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\%