ETHICAL COMPLIANCE REPORT

THYROCARE TECH

Sector:

Healthcare

Industry:

Diagnostics & Research

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Healthcare Services
compliant
REVENUE RATIO FILTER
1.5%
View Calculations
DEBT RATIO FILTER
3.4%
View Calculations
LIQUIDITY RATIO FILTER
6.2%
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.

1.5%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{84900000.00}{5812400000.00} \times 100 = 1.50\%

FORMULA

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

Segment	Compliance	Value
Radioactive Pharmaceutical & Point of Care Testing devices etc	compliant	₹10.21
Diagnostic Services	compliant	₹557.67
Other Operating Revenue	compliant	₹4.00
Interest income	non-compliant	₹2.71
Net Gain on Sale of Investments	questionable	₹5.78
Other Income	compliant	₹0.87

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.

3.4%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{216000000.00}{6438800000.00} \times 100 = 3.40\%

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.

6.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{398900000.00}{6438800000.00} \times 100 = 6.20\%

FORMULA

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