ETHICAL COMPLIANCE REPORT

WENDT (INDIA)

Sector:

Industrials

Industry:

Tools & Accessories

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Components Manufacturer
compliant
REVENUE RATIO FILTER
2.3%
View Calculations
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
7.1%
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.

2.3%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{53600000.00}{2339500000.00} \times 100 = 2.30\%

FORMULA

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

Segment	Compliance	Value
Other Operating Revenue	compliant	₹2.01
Machining charges	compliant	₹21.11
Super Abrasives, Machining Tools, and Precision Components	compliant	₹203.71
Interest income	non-compliant	₹0.36
Net Gain on Sale of Investments	questionable	₹5.00
Other Income	compliant	₹1.76

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{2557500000.00} \times 100 = 0.00\%

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.

7.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{180400000.00}{2557500000.00} \times 100 = 7.10\%

FORMULA

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