MIRA INFORM REPORT
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Report Date : |
16.12.2011 |
IDENTIFICATION DETAILS
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Name : |
KARL MAYER TEXTILMASCHINENFABRIK GMBH |
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Registered Office : |
Bruhlstrasse 25, Obertshausen, 63179 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
26.10.1949 |
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Com. Reg. No.: |
2203 |
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Legal Form : |
Private Parent Company |
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Line of Business : |
manufacture of machinery for working soft rubber
or plastics |
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No. of Employees : |
1200 Persons |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Germany |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
KARL MAYER Textilmaschinenfabrik GmbH
Bruhlstrasse 25
Obertshausen, 63179
Germany
Tel: +49 (0) 6104 4020
Fax: +49 (0) 6104 402600
Web: www.karlmayer.de
Synthesis
Employees: 1,200
Company Type: Private Parent
Corporate Family: 3
Companies
Incorporation Date:
26-Oct-1949
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2009
Reporting Currency: Euro
Annual Sales: 199.2
Total Assets:
296.6
Business
Description
KARL MAYER Textilmaschinenfabrik
GmbH is primarily engaged in manufacture of machinery for working soft rubber
or plastics or for the manufacture of products of these materials (extruders,
moulders, pneumatic tyre making or retreading machines and other machines for making
a specific rubber or plastic product); manufacture of printing and bookbinding
machines; manufacture of machinery for producing tiles, bricks, shaped ceramic
pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.;
manufacture of moulding boxes for any material; mould bases; moulding patterns;
moulds; manufacture of dryers for wood, paper pulp, paper or paperboard;
manufacture of centrifugal clothes dryers; manufacture of diverse special
machinery and equipment (machines to assemble electric or electronic lamps,
tubes (valves) or bulbs; machines for production or hot-working of glass or
glassware, glass fibre or yarn; machinery or apparatus for isotopic separation;
rope-making machinery, etc.); and manufacture of industrial robots for multiple
uses.
Industry
Industry Miscellaneous Capital Goods
ANZSIC 2006: 2499 - Other Machinery and Equipment
Manufacturing Not Elsewhere Classified
NACE 2002: 2956 - Manufacture of other special
purpose machinery not elsewhere classified
NAICS 2002: 333298 - All Other Industrial Machinery
Manufacturing
UK SIC 2003: 2956 - Manufacture of other special purpose
machinery not elsewhere classified
US SIC 1987: 3559 - Special
Industry Machinery, Not Elsewhere Classified
Business
Description
KARL MAYER
Textilmaschinenfabrik GmbH is primarily engaged in manufacture of machinery for
working soft rubber or plastics or for the manufacture of products of these
materials (extruders, moulders, pneumatic tyre making or retreading machines
and other machines for making a specific rubber or plastic product);
manufacture of printing and bookbinding machines; manufacture of machinery for
producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes,
blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any
material; mould bases; moulding patterns; moulds; manufacture of dryers for
wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes
dryers; manufacture of diverse special machinery and equipment (machines to assemble
electric or electronic lamps, tubes (valves) or bulbs; machines for production
or hot-working of glass or glassware, glass fibre or yarn; machinery or
apparatus for isotopic separation; rope-making machinery, etc.); and
manufacture of industrial robots for multiple uses.
Industry
Industry Miscellaneous Capital Goods
ANZSIC 2006: 2499 - Other
Machinery and Equipment Manufacturing Not Elsewhere Classified
NACE 2002: 2956 - Manufacture
of other special purpose machinery not elsewhere classified
NAICS 2002: 333298 - All Other
Industrial Machinery Manufacturing
UK SIC 2003: 2956 - Manufacture
of other special purpose machinery not elsewhere classified
US SIC 1987: 3559 - Special
Industry Machinery, Not Elsewhere Classified
Key Executives
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Name |
Title |
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Martin Prillmann |
Co-Geschäftsführer |
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Ulrich Mayer |
Leiter-Finanz & Personal |
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Manfred Reinhold |
Leiter-Controlling |
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Petra Arnold |
Leiter-Marketing & Vertrieb |
|
Ulrike Schlenker |
Leiter-Presse & Öffentlichkeitsarbeit |
News
Title Date
New sutureless 'atrial- mitral-valve prosthesis' for minimally invasive
mitral valve therapy
Textile Research Journal (UK) (3586 Words) 1-Jan-2011
Registered No.(DEU): 2203
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7190468
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855
Corporate Overview
Location
Bruhlstrasse 25
Obertshausen, 63179
Germany
Tel: +49 (0) 6104 4020
Fax: +49 (0) 6104 402600
Web: www.karlmayer.de
Sales EUR(mil): 143.3
Assets EUR(mil): 206.7
Employees: 1,200
Fiscal Year End: 31-Dec-2009
Industry: Miscellaneous
Capital Goods
Incorporation Date: 26-Oct-1949
Company Type: Private
Parent
Quoted Status: Not Quoted
Registered No.(DEU): 2203
Contents
· Industry Codes
· Business Description
· Financial Data
· Subsidiaries
Industry Codes
ANZSIC 2006 Codes:
2499 - Other Machinery and Equipment Manufacturing Not Elsewhere
Classified
2469 - Other Specialised Machinery and Equipment Manufacturing
NACE 2002 Codes:
2954 - Manufacture of machinery for textile, apparel and leather
production
2956 - Manufacture of other special purpose machinery not
elsewhere classified
NAICS 2002 Codes:
333292 - Textile Machinery Manufacturing
333298 - All Other Industrial Machinery Manufacturing
US SIC 1987:
3559 - Special Industry Machinery, Not Elsewhere Classified
3552 - Textile Machinery
UK SIC 2003:
2956 - Manufacture of other special purpose machinery not
elsewhere classified
2954 - Manufacture of machinery for textile, apparel and leather
production
Business
Description
KARL MAYER
Textilmaschinenfabrik GmbH is primarily engaged in manufacture of machinery for
working soft rubber or plastics or for the manufacture of products of these
materials (extruders, moulders, pneumatic tyre making or retreading machines
and other machines for making a specific rubber or plastic product);
manufacture of printing and bookbinding machines; manufacture of machinery for
producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes,
blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any
material; mould bases; moulding patterns; moulds; manufacture of dryers for
wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes
dryers; manufacture of diverse special machinery and equipment (machines to
assemble electric or electronic lamps, tubes (valves) or bulbs; machines for
production or hot-working of glass or glassware, glass fibre or yarn; machinery
or apparatus for isotopic separation; rope-making machinery, etc.); and
manufacture of industrial robots for multiple uses.
More Business
Descriptions
All Other General Purpose Machinery Manufacturing
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Corporate
Family |
Corporate
Structure News: |
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Total Corporate Family Members: 3 |
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Company
Name |
Company
Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Obertshausen, Hessen |
Germany |
Miscellaneous Capital Goods |
199.2 |
1,200 |
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Subsidiary |
Mezzolombardo, Trento |
Italy |
Miscellaneous Capital Goods |
17.9 |
45 |
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Subsidiary |
Fukui |
Japan |
Miscellaneous Capital Goods |
1.0 |
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Executive report
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Executives |
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Co-Geschaftsfuhrer |
Chief Executive Officer |
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Managing Director |
Managing Director |
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Managing director |
Managing Director |
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Leiter-Finanz & Personal |
Finance Executive |
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Leiter-Controlling |
Controller |
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Leiter-Marketing & Vertrieb |
Sales Executive |
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Leiter-Presse & Öffentlichkeitsarbeit |
Corporate Communications Executive |
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Press clippings
Karl Mayer Textilmaschinenfabrik GmbH Files Patent
Application for Method for Generating a Pattern Warp and Pattern Warping Machine
Indian Patent News
28 May 2011
[What follows is the full text of the article.]
New Delhi, May 28
-- Germany based Karl Mayer Textilmaschinenfabrik GmbH filed patent application
for method for generating a pattern warp and pattern warping machine. The
inventor is Fuhr Martin.
Karl Mayer
Textilmaschinenfabrik GmbH filed the patent application on Sept. 27, 2010. The
patent application number is 2851/CHE/2010 A. The international classification
number is D02H.
According to the
Controller General of Patents, Designs & Trade Marks, "A method for
generating a pattern warp is proposed, in which threads are deposited with the
aid of thread guides on transport surfaces which are arranged on the
circumference of a warping drum and which can be moved axially parallel to the
warping drum and a thread coat is generated, the thread guides and the
transport surfaces being moved in relation to one another during deposition. It
would be desirable to generate a pattern warp of high quality. For this
purpose, there is provision for at least one parameter of the thread coat on at
least one transport surface to be determined, and for the relative movement
between the thread guides and the transport surfaces to be controlled as a
function of the parameter determined."
GERMANY : Karl
Mayer textilmaschinenfabrik GmbH wins contract of 337 678 Euros
TendersInfo News
04 March 2011
[What follows is
the full text of the article.]
Karl Mayer
textilmaschinenfabrik GmbH, Germany has received the contract of 337 678 Euros
from German Institute for Textile and Fibre Research for supply of industrial
machinery. The contract is issued for the purpose of product development of new
fabrics and knitted fabrics in the areas of technical textiles and textile
lightweight.
Only one bidder
did bidding for this tender. GPA has not covered this contract with no possible
sub-contracting. Initial estimated total value of the contract was 337 678 EUR
and the final contract award value was 337 678 EUR, both includes 19% VAT. The
contractor is not selected through an electronic auction.
German Institute
for Textile and Fibre Research is a body governed by public law. The
contracting authority is not purchasing on behalf of other contracting
authorities.
Annual Profit & Loss
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.719047 |
0.683679 |
0.730637 |
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Consolidated |
No |
No |
No |
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Total income |
199.2 |
254.8 |
418.8 |
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Raw materials and services |
88.2 |
117.9 |
156.9 |
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Net sales |
199.2 |
254.8 |
418.8 |
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Change in stock |
-2.5 |
1.2 |
-9.5 |
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Own work capitalised |
0.8 |
1.2 |
1.9 |
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Other operating income |
10.1 |
21.9 |
8.4 |
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Raw materials and consumables employed |
88.2 |
117.9 |
156.9 |
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Other external charges |
15.1 |
17.8 |
31.2 |
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Cost of goods sold |
103.2 |
135.7 |
188.1 |
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Cost of raw materials |
103.2 |
135.7 |
188.1 |
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Taxes and social security costs |
17.6 |
20.5 |
19.1 |
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Total payroll costs |
93.7 |
126.5 |
112.1 |
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Fixed asset depreciation and amortisation |
10.3 |
11.5 |
12.6 |
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Other operating costs |
60.5 |
92.8 |
142.9 |
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Net operating income |
-29.8 |
-41.0 |
35.4 |
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Interest received from loans |
- |
- |
6.2 |
|
Income received from associated companies |
0.0 |
0.0 |
0.0 |
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Other income |
3.1 |
7.0 |
6.1 |
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Interest payable on loans |
0.0 |
0.1 |
0.1 |
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Total expenses |
-6.4 |
-10.7 |
-14.1 |
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Profit before tax |
-23.5 |
-30.3 |
49.5 |
|
Provisions |
49.2 |
68.4 |
66.1 |
|
Other taxes |
0.2 |
0.6 |
1.0 |
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Total taxation |
0.0 |
-0.3 |
16.0 |
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Net profit |
- |
- |
32.4 |
|
Net loss |
-23.7 |
-30.6 |
- |
Annual Balance Sheet
Financials
in: USD (mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
|
Consolidated |
No |
No |
No |
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Issued capital |
21.5 |
20.9 |
21.9 |
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Capital reserves |
52.3 |
50.7 |
53.3 |
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Other reserves |
146.7 |
142.1 |
149.5 |
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Total reserves |
146.7 |
142.1 |
149.5 |
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Profits for the year |
5.0 |
28.6 |
60.6 |
|
Total stockholders equity |
225.6 |
242.2 |
285.4 |
|
Deferred taxation |
0.8 |
1.3 |
- |
|
Other provisions |
35.7 |
49.9 |
56.3 |
|
Provision for pensions |
14.3 |
13.8 |
14.3 |
|
Provisions and allowances |
50.8 |
65.0 |
70.6 |
|
Other debentures |
0.3 |
0.8 |
1.4 |
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Total long-term liabilities |
0.3 |
0.8 |
1.4 |
|
Trade creditors |
5.8 |
4.6 |
10.8 |
|
Advances received |
6.1 |
2.7 |
8.0 |
|
Other loans |
0.6 |
0.5 |
0.6 |
|
Taxation and social security |
2.8 |
4.9 |
6.3 |
|
Due to group companies |
4.2 |
2.5 |
4.1 |
|
Total current liabilities |
19.4 |
15.2 |
29.7 |
|
Regularisation account |
0.6 |
0.6 |
0.4 |
|
Total liabilities (including net worth) |
296.6 |
323.8 |
387.5 |
|
Patents |
2.6 |
3.1 |
0.8 |
|
Intangibles |
2.6 |
3.1 |
1.4 |
|
Land and buildings |
60.8 |
62.4 |
67.7 |
|
Machinery and tools |
12.5 |
14.5 |
18.2 |
|
Fixtures and equipment |
60.8 |
62.4 |
67.7 |
|
Fixed assets under construction |
0.5 |
1.9 |
1.5 |
|
Total tangible fixed assets |
80.3 |
86.4 |
95.4 |
|
Shares held in associated companies |
31.3 |
30.3 |
32.8 |
|
Participating interest |
0.2 |
1.8 |
0.3 |
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Total financial assets |
31.5 |
32.1 |
33.1 |
|
Total non-current assets |
114.3 |
121.6 |
129.9 |
|
Raw materials |
23.7 |
28.5 |
34.3 |
|
Work in progress |
27.4 |
27.6 |
31.2 |
|
Finished goods |
10.8 |
10.9 |
8.3 |
|
Prepayments |
0.0 |
0.0 |
0.0 |
|
Net stocks and work in progress |
61.9 |
67.0 |
73.8 |
|
Trade debtors |
29.2 |
32.3 |
64.1 |
|
Other receivables |
13.5 |
14.3 |
24.0 |
|
Total receivables |
60.3 |
81.1 |
112.5 |
|
Owing from associated companies |
17.6 |
34.5 |
24.4 |
|
Cash and liquid assets |
57.4 |
51.5 |
65.0 |
|
Marketable securities |
2.5 |
2.6 |
6.1 |
|
Short-term investments |
2.5 |
2.6 |
6.1 |
|
Total current assets |
182.1 |
202.1 |
257.5 |
|
Prepaid expenses and deferred costs |
0.1 |
0.1 |
0.1 |
|
Total assets |
296.6 |
323.8 |
387.5 |
Annual Ratios
Financials in: USD
(mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Current ratio |
93.87 |
132.74 |
86.61 |
|
Acid test ratio |
61.96 |
88.72 |
61.77 |
|
Total liabilities to net worth |
0.01% |
0.01% |
0.01% |
|
Net worth to total assets |
0.08% |
0.07% |
0.07% |
|
Current liabilities to net worth |
0.01% |
0.01% |
0.01% |
|
Current liabilities to stock |
0.03% |
0.02% |
0.04% |
|
Fixed assets to net worth |
0.05% |
0.05% |
0.05% |
|
Collection period |
518.00 |
485.00 |
522.00 |
|
Stock turnover rate |
3.01 |
2.77 |
1.65 |
|
Profit margin |
-0.01% |
-0.01% |
0.01% |
|
Return on assets |
-0.01% |
-0.01% |
0.01% |
|
Shareholders' return |
-0.01% |
-0.01% |
0.01% |
|
Sales per employee |
11.15 |
11.58 |
19.95 |
|
Profit per employee |
-1.33 |
-1.39 |
1.54 |
|
Average wage per employee |
5.24 |
5.75 |
5.34 |
|
Net worth |
225.6 |
242.2 |
285.4 |
|
Number of employees |
1,285 |
1,504 |
1,534 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.23 |
|
UK Pound |
1 |
Rs.83.77 |
|
Euro |
1 |
Rs.70.46 |
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 |
|
---- |
NB |
New Business |
---- |
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.