MIRA INFORM
REPORT
|
Report Date : |
06.08.2010 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Registered Office : |
Rua Arcenio Gomes Da Silva,104 Qd 02 - Lotes 08 A 12 - Pq. Indl. Jose
Garcia Gimenez |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.06.2007 |
|
|
|
|
Date of Incorporation : |
22.10.1998 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of textiles. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
US$ 150,000.00 |
|
Status : |
Satisfactory |
|
Payment
Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – April 1, 2010
|
Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name
ADDRESSES
|
MAIN ADDRESS: |
RUA ARCENIO GOMES DA SILVA,104 QD 02 - LOTES |
|
ZIP CODE/CITY: |
86180-970 - CAMBÉ/PR |
|
|
|
|
PHONE: |
43 3711-2000 |
|
FAX: |
43 3711-2000 |
|
E-MAIL: |
robson@costaricamalhas.com.br |
|
WEB SITE: |
www.costaricamalhas.com.br |
BRANCHES
|
THE COMPANY HAS 16 BRANCHES LOCATED IN:APUCARANA/PR, CIANORTE/PR,
UMAURAMA/PR, TAGUATINGA/DF, DOURADOS/MS, GOIÂNIA/GO, PRESIDENTE PRUDENTE/SP, CAMPO
GRANDE/MS, CUIABÁ/MT, BAURU/SP, SINOP/MT, AMERICANA/SP, UBERLÂNDIA/MG. JUIZ
DE ORA/MG, PALMAS/TO AND NOVA FRIBURGO/RJ. |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF TEXTILES. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
22/10/1998 |
|
REGISTER DATE: |
22/10/1998 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
02.944.599/0001-47 |
|
STATE REGISTER: |
901.80150-96 |
|
|
|
|
SHARE CAPITAL: |
R$ 150.000,00 |
|
BOARD OF DIRECTORS:
|
|
|
|
|
|
RAQUEL MARGONAR MARTINS DA COSTA |
MANAGING PARTNER |
|
MATILDE DE |
MANAGING PARTNER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGING PARTNER ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS / PARTNERS: |
|
|
|
|
|
MATILDE DE |
99% |
|
RAQUEL MARGONAR MARTINS DA COSTA |
1% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
NOT AVAILABLE. |
|
COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON OCTOBER 22, 1998 TO BE ENGAGED IN THE
SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL
SCENE REPORTED HEREIN. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. ROBSON, FINANCIAL
DEPARTMENT, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION
UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED. IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF
THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER
INFORMATION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
|
PUBLIC RECORDS
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
FINANCIAL INFORMATION
|
DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE
BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY DECLINED
TO PROVIDE ANY KIND OF FINANCIAL INFORMATION AS THEY ARE STILL NOT AUTHORIZED
TO DO SO. OUR INVESTIGATION THROUGH THE OUTSIDE SOURCES SHOWED THE FOLLOWING
FINANCIAL DATA ABOUT THE SUBJECT. |
|
GENERAL BALANCE SHEETS AS OF 30/06/2007 AND 31/12/2006. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
30/06/2007 |
31/12/2006 |
|
|
|
|
|
|
|
CASH AND BANKS |
3.515.685,03 |
3.034.532,14 |
|
|
CLIENTS |
27.056,97 |
|
|
|
ADVANCES |
1.297.467,98 |
776.570,87 |
|
|
RECOVERABLE TAXES |
8.000,00 |
168.581,58 |
|
|
OTHER CREDITS |
46.555,92 |
3.200,00 |
|
|
INVENTORY |
14.089.404,05 |
11.882.251,13 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
18.984.169,95 |
15.865.135,72 |
|
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
GUARANTEE DEPOSITS |
1.325,32 |
|
|
|
CREDITS |
15.110,84 |
15.127,80 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG-TERM RECEIVABLES |
16.436,16 |
15.127,80 |
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
274.494,81 |
237.197,89 |
|
|
DEFERRED |
31.305,59 |
35.293,80 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL FIXED ASSETS |
305.800,40 |
272.491,69 |
|
|
|
================ |
================ |
|
|
TOTAL ASSETS |
19.306.406,51 |
16.152.755,21 |
|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
30/06/2007 |
31/12/2006 |
|
|
|
|
|
|
|
SUPPLIERS |
11.861.815,99 |
10.512.662,47 |
|
|
LABOR OBLIGATIONS |
3.274,93 |
1.470,69 |
|
|
SOCIAL OBLIGATIONS |
26.548,78 |
24.931,70 |
|
|
TAX LIABILITIES |
25.484,74 |
25.145,62 |
|
|
SALES FOR FUTURE DELIVERY |
4.535.240,43 |
4.535.240,43 |
|
|
ACCOUNTS PAYABLE |
121,11 |
93,96 |
|
|
PROVISIONS |
25.290,62 |
38.373,34 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
16.477.776,60 |
15.137.918,21 |
|
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
1.220.500,00 |
1.220.500,00 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG TERM LIABILITIES |
1.220.500,00 |
1.220.500,00 |
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
150.000,00 |
150.000,00 |
|
|
ACCRUED PROFIT (LOSS) |
1.458.129,91 |
-355.663,02 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL NET EQUITY |
1.608.129,91 |
-205.663,02 |
|
|
|
================ |
================ |
|
|
TOTAL LIABILITIES |
19.306.406,51 |
16.152.755,19 |
|
|
PROFIT AND LOSS ACCOUNTS AS OF 30/06/2007 AND 31/12/2006. |
|
( FIGURES ARE IN REAIS ). |
|
|
30/06/2007 |
31/12/2006 |
|
|
|
|
|
|
|
GROSS SALES |
8.594.375,15 |
17.305.665,97 |
|
|
(-) TAXES ON SALES |
2.000.805,02 |
4.190.143,20 |
|
|
|
---------------- |
---------------- |
|
|
NET SALES |
6.593.570,13 |
13.115.522,77 |
|
|
(-) COST OF SOLD GOODS |
4.186.574,47 |
11.971.758,04 |
|
|
|
---------------- |
---------------- |
|
|
GROSS PROFIT |
2.406.995,66 |
1.143.764,73 |
|
|
OPERATING REVENUE (EXPENSE) |
-85.084,66 |
-1.152.176,07 |
|
|
FINANCIAL REVENUE(EXPENSE) |
-494.079,31 |
60.749,53 |
|
|
|
---------------- |
---------------- |
|
|
OPERATIONAL PROFIT (LOSS) |
1.827.831,69 |
52.338,19 |
|
|
CONTRIBUTION/INCOME TAX |
-14.038,76 |
-23.644,25 |
|
|
PROFIT SHARING |
-69.525,34 |
33.640,40 |
|
|
|
---------------- |
---------------- |
|
|
NET PROFIT (LOSS) |
1.744.267,59 |
62.334,34 |
|
|
MONTHLY SALES |
|||
|
|
2007 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 762.618,36 |
|
|
|
FEBRUARY |
R$ 668.777,04 |
|
|
|
MARCH |
R$ 1.102.805,11 |
|
|
|
APRIL |
R$ 1.448.574,81 |
|
|
|
MAY |
R$ 1.700.126,73 |
|
|
|
JUNE |
R$ 1.277.516,23 |
|
|
|
JULY |
R$ 737.477,12 |
|
|
|
AUGUST |
R$ 1.608.932,03 |
|
|
|
SEPTEMBER |
R$ 1.650.020,25 |
|
|
|
OCTOBER |
R$ 2.616.230,05 |
|
|
|
NOVEMBER |
R$ 2.671.570,84 |
|
|
|
DECEMBER |
R$ 806.874,22 |
|
|
|
TOTAL |
R$ 17.051.522,79 |
|
|
|
RATIOS: |
30/06/2007 |
31/12/2006 |
|
|
QUICK RATIO |
,30 |
|
,26 |
|
|
|
|
CURRENT RATIO |
1,15 |
|
1,05 |
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
243,69 |
TIMES |
|
|
|
|
|
DAYS' SALES IN RECEIVABLES |
,74 |
DAYS |
|
|
|
|
|
INVENTORY TURNOVER |
,30 |
TIMES |
1,01 |
TIMES |
|
|
|
ACCOUNTS PAYABLE PERIOD |
509,99 |
DAYS |
316,12 |
DAYS |
|
|
|
RETURN ON ASSETS |
,34 |
TIMES |
,81 |
TIMES |
|
|
|
SALES TURNOVER ON NET EQUITY |
4,10 |
TIMES |
-63,77 |
TIMES |
|
|
|
NET WORTH TIE-UP |
,17 |
|
-1,15 |
|
|
|
|
INDEBTEDNESS |
11,01 |
|
-79,54 |
|
|
|
|
EQUITY RATIO |
8,33 |
% |
-1,27 |
% |
|
|
|
WORKING CAPITAL RATIO |
15,21 |
% |
4,80 |
% |
|
|
|
GENERAL SOLVENCY |
1,09 |
|
,99 |
|
|
|
|
RETURN ON NET EQUITY |
108,47 |
% |
-30,31 |
% |
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
26,45 |
% |
,48 |
% |
|
|
|
GROSS PROFIT MARGIN |
36,51 |
% |
8,72 |
% |
|
|
|
OPERATIONAL RESULT |
27,72 |
% |
,40 |
% |
|
|
|
SALES TURNOVER ON LIABILITIES |
,40 |
TIMES |
,87 |
TIMES |
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 1,72 |
- OFFICIAL RATE ON 12/11/2009 |
|
US$ 1,00 = R$ 2,05 |
- OFFICIAL RATE ON 30/06/2007 |
|
US$ 1,00 = R$ 2,13 |
- OFFICIAL RATE ON 31/12/2006 |
|
US$ 1,00 = R$ 1,75 |
- OFFICIAL RATE ON 04/08/2010 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE IN 2006 SHOWED A FAIR FINANCIAL STANDING. THE LEVEL
OF INDEBTEDNESS WAS VERY HIGH (WITH NEGATIVE NET EQUITY). ON THE OTHER HAND
IT WAS NOTED ACCEPTABLE CURRENT RATIO WITH POSITIVE WORKING CAPITAL AMOUNT
CONSIDERED SUFFICIENT TO COVER THE SHORT-TERM LIABILITIES. IN ADDITION IT
OPERATED WITH GOOD SALES VOLUME AND PROFITABILITY. THE INTERIM FIGURES FOR JUNE 2007 SHOW IMPROVEMENT IN THE FINANCIALS.
THE INDEBTEDNESS KEEPS VERY HIGH BUT IT IS POSITIVE AND THE LIQUIDITY WAS
IMPROVED. ALSO IT SHOWS GOOD SALES VOLUME AND THE OPERATIONS ARE PROFITABLE. IN THE ABSENCE OF UPDATED FINANCIAL INFORMATION NO COMMENTS CAN BE
MADE ABOUT THE SUBJECT’S CURRENT FINANCIAL STANDING. |
REAL ESTATE
OWNED PREMISES ARE VALUED AT R$
5.000.000,00
THE PARTNERS OWN REAL ESTATE
VALUED AT R$ 5.030.000,00
VEHICLES
OWNED VEHICLES ARE VALUED AT R$ 135.000,00
THE PARTNERS OWN VEHICLES VALUED AT R$ 1.939.000,00
MACHINES
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 396.000,00
INSURANCE
|
NOT AVAILABLE. |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO BRADESCO S/A |
43 3254-1288 |
CAMBÉ/PR |
|
BANCO DO BRASIL S/A |
43 3254-1244 |
CAMBÉ/PR |
|
BANCO DO BRASIL S/A |
43 3254-1144 |
CAMBÉ/PR |
|
IN ACCORDING TO THE CENTRAL BANK OF |
ACTIVITIES COMMENTS
|
MANUFACTURE OF TEXTILES. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
NOT AVAILABLE. |
EXPORTS TO:
|
NOT AVAILABLE. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
GIGANTE SERGIPE TEC. E CONFECÇÕES LTDA |
|
43 3323-2518 |
|
LOJÃO DO BRÁS LTDA |
|
11 6696-5133 |
|
LOJAS TANGER LTDA |
|
14 3533-4600 |
|
LULLI INDUSTRIA E COMÉRCIO LTDA |
|
47 3221-2344 |
|
MAGAZINE PELICANO LTDA |
|
11 6096-8717 |
|
PAULIMAR CONFECÇÕES LTDA |
|
11 6694-2111 |
|
TECEBEM BENEFICIAMENTO TEXTIL LTDA |
|
47 3051-0300 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 170 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1998. SO
FAR IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOUR. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN ALL OF THE SUPPLIERS WHICH PROVIDED INFORMATION REPORTED PROMPT
PAYMENTS AND THE SUBJECT HAS A GOOD TRADE REPUTATION. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
ADAR |
|
67 3521-0501 |
|
ADVANCE INDUSTRIA TEXTIL LTDA |
|
11 4596-9300 |
|
ALLTEXTIL LTDA |
|
11 6694-5151 |
|
ARACHA COMÉRCIO DE FIOS LTDA |
|
11 3362-8192 |
|
AVATI |
|
19 3478-3939 |
|
BEGIANA COMERCIO DE FIOS E TECIDOS LTDA |
|
11 6117-4048 |
|
BRANYL INDUSTRIA TEXIL LTDA |
|
19 3491-5021 |
|
BRASTEX S/A |
|
83 3231-1940 |
|
COCAMAR |
|
0800-441719 |
|
COOPERFIBRA |
|
66 3419-3636 |
|
DAIWA DO BRASIL TEXTIL LTDA |
|
34 3292-6000 |
|
EXCIM IMP E EXP LTDA |
|
27 3347-1044 |
|
INCOFIOS INDÚSTRIA DE FIOS E MALHAS LTDA |
|
47 3394-0606 |
|
INDÚSTRIA TÊXTIL TSUZUKI LTDA |
|
11 4746-7600 |
|
NORFIL |
|
83 3233-1686 |
|
POLIENKA LTDA |
|
11 3471-5214 |
|
TÊXTIL ELIANA LTDA |
|
19 3873-9912 |
|
TOYOBO DO BRASIL |
|
11 5509-7832 |
|
UNITIKA DO BRASIL |
|
19 3468-2288 |
|
PAYMENT HISTORY: |
|
16 SUPPLIERS REPORTED PAYMENTS: |
|
AMOUNT OF INVOICES PAID: 127 |
|
TOTAL OF PROMPT PAYMENTS: 99% |
|
TOTAL OF DELAYED PAYMENTS: 1% |
|
|
|
HIGHEST INVOICE: R$ 107.619,00 |
|
HIGHEST CREDIT: R$ 263.297,00 |
FINAL OPINION
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS AN ACCEPTABLE FINANCIAL STANDING BUT A CLEAR TRADE
HISTORY AND GOOD PAYMENT BEHAVIOUR ARE NOTED. BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH. A CREDIT LIMIT OF US$ 150,000.00. MAY BE CONSIDERED. FOR HIGHER
AMOUNTS A COLLATERALIZED OPERATION WOULD BE ADVISABLE. |
|
BALANCE SHEET ANALYSIS |
FIGURES ARE IN REAIS |
|
|
|
|
|
30-06-07 |
|
31-12-06 |
|
|
ASSETS |
|
% |
|
% |
|
Current Assets |
98.33 |
$
15,865,136 |
98.22 |
|
|
Fixed Assets |
$
305,800 |
1.58 |
$ 272,492 |
1.69 |
|
TOTAL ASSETS |
$
19,306,407 |
100.00 |
$
16,152,755 |
100.00 |
|
LIABILITIES |
|
|
|
|
|
Current Liabilities |
$
16,477,777 |
85.35 |
$
15,137,918 |
93.72 |
|
Long-Term Liabilities |
$ 1,220,500 |
6.32 |
$ 1,220,500 |
7.56 |
|
TOTAL LIABILITIES |
$
17,698,277 |
91.67 |
$
16,358,418 |
101.27 |
|
Deferred Income |
$ -
|
0.00 |
$ - |
0.00 |
|
Net Equity |
$ 1,608,130 |
8.33 |
$ (205,663) |
-1.27 |
|
TOTAL LIABILITIES + NET EQUITY |
$
19,306,407 |
100.00 |
$
16,152,755 |
100.00 |
|
PROFIT AND LOSS ACCOUNTS |
|
|
|
|
|
Net Sales |
$ 6,593,570 |
100.00 |
$
13,115,523 |
100.00 |
|
Costs |
$ 4,186,574 |
63.49 |
$
11,971,758 |
91.28 |
|
Gross Profit |
$ 2,406,996 |
36.51 |
$ 1,143,765 |
8.72 |
|
Operating expenses |
$ (85,085) |
-1.29 |
$
(1,152,176) |
-8.78 |
|
operational Result |
$ 1,827,832 |
27.72 |
$ 52,338 |
0.40 |
|
Net Profit (loss) |
$ 1,744,268 |
26.45 |
$ 62,334 |
0.48 |
|
COMPLEMENTARY DATA |
|
|
|
|
|
Inventory |
$
14,089,404 |
|
$
11,882,251 |
|
|
Accounts receivable |
$ 27,057 |
|
$ - |
|
|
Accounts Payable |
$
11,861,816 |
|
$
10,512,662 |
|
|
Property, plant and equipment |
$ 274,495 |
|
$ 237,198 |
|
|
Purchases |
$ 305,800 |
|
$ 272,492 |
|
|
Financial Expenses |
$ (494,079) |
|
$ 60,750 |
|
|
Foreign Currency Assets |
|
|
|
|
|
Foreign Currency Liabilities |
|
|
|
|
|
Working Capital |
$ 2,506,393 |
|
$ 727,218 |
|
|
RATIOS: |
|
|
|
|
|
QUICK RATIO |
0.30 |
|
0.26 |
|
|
CURRENT RATIO |
1.15 |
|
1.05 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
243.69 |
times |
- |
times |
|
DAYS' SALES IN RECEIVABLES |
0.74 |
days |
-
|
days |
|
INVENTORY TURNOVER |
0.30 |
times |
1.01 |
times |
|
509.99 |
days |
316.12 |
days |
|
|
RETURN ON ASSETS |
0.34 |
times |
0.81 |
times |
|
SALES TURNOVER ON NET EQUIY |
4.10 |
times |
(63.77) |
times |
|
NET WORTH TIE-UP |
0.17 |
|
(1.15) |
|
|
ENDEBTEDNESS |
11.01 |
|
(79.54) |
|
|
EQUITY RATIO |
8.33 |
% |
(1.27) |
% |
|
WORKING CAPITAL RATIO |
15.21 |
% |
4.80 |
% |
|
GENERAL SOLVENCY |
1.09 |
|
0.99 |
|
|
RETURN ON NET EQUITY |
108.47 |
% |
(30.31) |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
26.45 |
% |
0.48 |
% |
|
GROSS PROFIT MARGIN |
36.51 |
% |
8.72 |
% |
|
OPERATIONAL RESULT |
27.72 |
% |
0.40 |
% |
|
SALES TURNOVER ON LIABILITIES |
0.40 |
times |
0.87 |
times |
|
FOREIGN CURRENCY ON ASSETS |
- |
% |
- |
% |
|
FOREIGN CURRENCY ON LIABILITIES |
- |
% |
- |
% |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.46.23 |
|
|
1 |
Rs.73.46 |
|
Euro |
1 |
Rs.60.80 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.