ETHICAL COMPLIANCE REPORT

TIDE WATER OIL

Sector:

Basic Materials

Industry:

Specialty Chemicals

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:123000000.0019531400000.00×100=0.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{123000000.00}{19531400000.00} \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
Interest income
non-compliant
non-compliant		₹12.30
Other Income
compliant
compliant		₹9.65
Lubricants
compliant
compliant		₹1,931.19

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.

0.1%

CALCULATION

Debt Ratio:12500000.0011562100000.00×100=0.10%\textbf{Debt Ratio:} \\[12pt] \dfrac{12500000.00}{11562100000.00} \times 100 = 0.10\%

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.

3.5%

CALCULATION

Liquidity Ratio:406700000.0011562100000.00×100=3.50%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{406700000.00}{11562100000.00} \times 100 = 3.50\%

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\%