MIRA INFORM REPORT
|
Report Date : |
30.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
KHAMEL REPRESENTAÇÕES IMPORTAÇÃO E EXPORTAÇÃO
LTDA |
|
|
|
|
Registered Office : |
Rua 1 B, 83 Setor Ii Quadra 0ii Lote 024 - Civit Ii , Zip Code 29168-096 - Serra/Es |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
05.01.1978 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of food products in general |
|
|
|
|
No. of Employees
: |
38 |
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 : |
USD 500.000,00 |
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Brazil |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name
KHAMEL
REPRESENTAÇÕES IMPORTAÇÃO E EXPORTAÇÃO LTDA
Company ADDRESSES
|
MAIN ADDRESS: |
RUA 1 B,83 SETOR II QUADRA 0II LOTE 024 - CIVIT II |
|
ZIP CODE/CITY: |
29168-096 - SERRA/ES |
|
|
|
|
PHONE: |
11 2721-0861 |
|
FAX: |
11 2721-1469 |
|
E-MAIL: |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA DR. EDGARD MAGALHÃES DE NORONHA,527 - VILA NOVA YORK |
|
ZIP CODE/CITY: |
03480-000 SÃO PAULO/SP |
|
CNPJ: |
49.337.108/0003-25 |
|
STATE REGISTER: |
111.509.328.111 |
|
|
|
|
ADDRESS: |
RUA PROFESSOR ULYSSES LEMOS TORRES,415 / 419 - VILA NOVA YORK |
|
ZIP CODE/CITY: |
03479-070 SÃO PAULO/SP |
|
CNPJ: |
49.337.108/0004-06 |
|
STATE REGISTER: |
113.438.491.119 |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
WHOLESALE OF FOOD PRODUCTS IN GENERAL. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
05/01/1978 |
|
REGISTER DATE: |
05/01/1978 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
49.337.108/0001-63 |
|
STATE REGISTER: |
109.880.671.111 |
|
|
|
|
SHARE CAPITAL: |
R$ 200.000,00 |
|
LAST REGISTER OF CAPITAL: |
15/09/2011 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
VALTER FRANCISCO LOPES |
MANAGER |
|
MILTON LUIS FERREIRA |
MANAGER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
VALTER FRANCISCO LOPES |
99,0% |
|
MILTON LUIS FERREIRA |
1,0% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
POTY INDÚSTRIA DE ALIMENTOS LTDA |
|
|
FRANCHI REPRESENTAÇÕES, IMPORTAÇÃO E EXPORTAÇÃO LTDA |
|
COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON JANUARY 05, 1978 AS KHAMEL INDUSTRIA
IMPORTAÇÃO E EXPORTAÇÃO E REPRESENTAÇÕES LTDA. TO BE ENGAGED IN THE SAID LINE
OF BUSINESS. LATER IT ADOPTED THE ABOVE MENTIONED NAME AND UP TO DATE IT IS
STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN. BUSINESS ADDRESS HAS CHANGED FROM (RUA DOUTOR EDGARD MAGALHÃES DE
NORONHA, 541 - VILA NOVA YORK PARTNERS: VALTER FRANCISCO LOPES: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS RG
2.866.389 AND CPF 521.974.508-59, RESIDENTIAL ADDRESS MILTON LUIS FERREIRA: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS RG
9.479.791-2 AND CPF 812.208.808-25, RESIDENTIAL ADDRESS AT RUA ARNALDO JOÃO,
361 VILA RÉ, SÃO PAULO/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
FINANCIAL INFORMATION
|
GENERAL BALANCE SHEETS AS OF 31/12/2010 AND 31/12/2009. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
|
CASH |
58.111,19 |
1.069,88 |
|
|
BANKS |
5.339.721,21 |
1.014.575,41 |
|
|
INVESTMENTS |
73.275,21 |
68.757,23 |
|
|
CLIENTS |
15.581.251,69 |
12.738.376,56 |
|
|
INVENTORY |
13.062.699,28 |
13.670.139,47 |
|
|
RECOVERABLE TAXES |
1.134.418,46 |
1.598.720,87 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
35.249.477,04 |
29.091.639,42 |
|
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
162.450,00 |
162.450,00 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG-TERM RECEIVABLES |
162.450,00 |
162.450,00 |
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
93.764,24 |
64.164,40 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL FIXED ASSETS |
93.764,24 |
64.164,40 |
|
|
|
================ |
================ |
|
|
TOTAL ASSETS |
35.505.691,28 |
29.318.253,82 |
|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
|
SUPPLIERS |
23.106.483,38 |
18.489.496,79 |
|
|
LOANS AND FINANCING |
47.228,63 |
|
|
|
SOCIAL / LABOR OBLIGATIONS |
78.338,17 |
32.790,97 |
|
|
TRIBUTARY OBLIGATIONS |
1.314.397,85 |
882.550,22 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
24.546.448,03 |
19.404.837,98 |
|
|
LONG TERM LIABILITIES:
|
|
|
|
|
|
|
|
|
|
SUPPLIERS |
2.697.456,14 |
2.697.456,14 |
|
|
LOANS AND FINANCING |
819.119,99 |
|
|
|
TRIBUTARY OBLIGATIONS |
2.460.342,33 |
|
|
|
OTHER |
|
3.665.634,42 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG TERM LIABILITIES |
5.976.918,46 |
6.363.090,56 |
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
100.000,00 |
100.000,00 |
|
|
CAPITAL RESERVES |
37.045,69 |
37.045,69 |
|
|
ACCRUED PROFIT (LOSS) |
4.845.279,10 |
3.413.279,59 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL NET EQUITY |
4.982.324,79 |
3.550.325,28 |
|
|
|
================ |
================ |
|
|
TOTAL LIABILITIES |
35.505.691,28 |
29.318.253,82 |
|
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2010 AND 31/12/2009. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
|
GROSS SALES |
49.992.779,27 |
46.800.594,30 |
|
|
(-) TAXES ON SALES |
12.438.938,10 |
12.517.808,47 |
|
|
|
---------------- |
---------------- |
|
|
NET SALES |
37.553.841,17 |
34.282.785,83 |
|
|
(-) COST OF SOLD GOODS |
31.158.927,56 |
26.633.581,68 |
|
|
|
---------------- |
---------------- |
|
|
GROSS PROFIT |
6.394.913,61 |
7.649.204,15 |
|
|
OPERATING REVENUE (EXPENSE) |
-3.130.976,92 |
-3.047.308,05 |
|
|
FINANCIAL REVENUE(EXPENSE) |
-1.216.968,21 |
-3.113.034,50 |
|
|
|
---------------- |
---------------- |
|
|
OPERATIONAL PROFIT (LOSS) |
2.046.968,48 |
1.488.861,60 |
|
|
NON-OPERATING RESULT |
-2.107,15 |
|
|
|
CONTRIBUTION/INCOME TAX |
-671.252,82 |
-482.212,92 |
|
|
|
---------------- |
---------------- |
|
|
NET PROFIT (LOSS) |
1.373.608,51 |
1.006.648,68 |
|
|
MONTHLY SALES |
|||
|
|
2011 |
2010 |
2009 |
|
|
--------------------- |
--------------------- |
--------------------- |
|
JANUARY |
R$ 1.800.714,62 |
R$ 5.879.016,17 |
|
|
FEBRUARY |
R$ 3.576.392,12 |
R$ 9.084.583,91 |
|
|
MARCH |
R$ 8.231.225,08 |
R$ 8.015.416,94 |
|
|
APRIL |
R$ 5.486.570,70 |
R$ 2.265.772,69 |
|
|
MAY |
R$ 2.051.759,65 |
R$ 1.786.406,68 |
|
|
JUNE |
|
R$ 2.139.320,79 |
|
|
JULY |
|
R$ 1.378.464,08 |
|
|
AUGUST |
|
R$ 2.135.247,25 |
|
|
SEPTEMBER |
|
R$ 2.712.188,56 |
R$ 2.258.305,83 |
|
OCTOBER |
|
R$ 4.110.098,37 |
R$ 4.189.117,53 |
|
NOVEMBER |
|
R$ 6.161.238,47 |
R$ 5.030.564,23 |
|
DECEMBER |
|
R$ 4.540.325,95 |
R$ 6.097.833,86 |
|
TOTAL |
R$ 21.146.662,17 |
R$ 50.208.079,86 |
R$ 17.575.821,45 |
|
RATIOS: |
31/12/2010 |
31/12/2009 |
|
|
QUICK RATIO |
,90 |
|
,79 |
|
|
|
|
CURRENT RATIO |
1,44 |
|
1,50 |
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
2,41 |
TIMES |
2,69 |
TIMES |
|
|
|
DAYS' SALES IN RECEIVABLES |
149,37 |
DAYS |
133,76 |
DAYS |
|
|
|
INVENTORY TURNOVER |
2,39 |
TIMES |
1,95 |
TIMES |
|
|
|
ACCOUNTS PAYABLE PERIOD |
266,96 |
DAYS |
249,92 |
DAYS |
|
|
|
RETURN ON ASSETS |
1,06 |
TIMES |
1,17 |
TIMES |
|
|
|
SALES TURNOVER ON NET EQUITY |
7,54 |
TIMES |
9,66 |
TIMES |
|
|
|
NET WORTH TIE-UP |
,02 |
|
,02 |
|
|
|
|
INDEBTEDNESS |
6,13 |
|
7,26 |
|
|
|
|
EQUITY RATIO |
14,03 |
% |
12,11 |
% |
|
|
|
WORKING CAPITAL RATIO |
43,60 |
% |
49,92 |
% |
|
|
|
GENERAL SOLVENCY |
1,16 |
|
1,14 |
|
|
|
|
RETURN ON NET EQUITY |
27,57 |
% |
28,35 |
% |
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
3,66 |
% |
2,94 |
% |
|
|
|
GROSS PROFIT MARGIN |
17,03 |
% |
22,31 |
% |
|
|
|
OPERATIONAL RESULT |
5,45 |
% |
4,34 |
% |
|
|
|
SALES TURNOVER ON LIABILITIES |
1,53 |
TIMES |
1,77 |
TIMES |
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 1,85 |
- OFFICIAL RATE ON 26/12/2011 |
|
US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 31/12/2010 |
|
US$ 1,00 = R$ 1,74 |
- OFFICIAL RATE ON 31/12/2009 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. THE
LEVEL OF INDEBTEDNESS IS VERY HIGH BUT IT HAS GOOD CURRENT RATIO AND POSITIVE
WORKING CAPITAL, CONSIDERED SUFFICIENT TO COVER THE SHORT TERM DEBTS. IT ALSO
SHOWS GROWING SALES AND PROFITABILITY. |
REAL
ESTATE:
NOT AVAILABLE
VEHICLES:
OWNED VEHICLES ARE VALUED AT R$ 72.780,73
MACHINES:
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT
R$ 12.195,05
INSURANCE
NOT AVAILABLE.
BANKING REFERENCES
|
|
BRANCH/PHONE: |
|
|
BANCO BRADESCO S/A |
1743 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW
PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
ACTIVITIES COMMENTS
|
WHOLESALE OF FOOD PRODUCTS IN GENERAL. COD - 70% OLIVE OIL - 5% OLIVE - 5% TUNA - 5% |
|
IMPORT AND EXPORT: |
IMPORTS FROM:
|
UNITED STATES, CANADA, ARGENTINA, CHILE, ECUADOR, PERU, NORWAY,
PORTUGAL, HOLLAND, GERMANY, SPAIN, SYRIA, IRAN, TURKEY, SINGAPORE, CHINA AND
INDIA. ANNUAL VALUE: US$ 16.203.482,58 |
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
ATACADÃO DISTRIBUIÇÃO COM. E INDÚSTRIA LTDA |
|
|
|
EMPÓRIO CHIAPPETTA LTDA |
|
|
|
FNGN DISTRIB. PRODUTOS ALIMENTÍCIOS LTDA |
|
|
|
|
|
|
|
LÍDER SUPERMERCADOS E MAGAZINE LTDA |
|
|
|
SIG COM. IMP. E EXPORTAÇÃO LTDA |
|
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 38 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1978. SO
FAR IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOUR. THE COMPANY HAS TRADE RELATIONS WITH SOME SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
CALVO COML. DISTRIBUIDORA LTDA |
|
|
|
COMERCIAL DE ALIMENTOS FLOR AZUL LTDA |
|
11 3228-0366 |
|
COMERCIAL OSWALDO CRUZ LTDA |
|
|
|
COMERCIAL TREVINO LTDA |
|
|
|
COML. IMPORT. LATICÍNIOS NAPOLITANO DO ABC LTDA |
|
|
|
|
|
11 6694-1377 |
|
PULIT IND. E COMÉRCIO LTDA |
|
|
|
S S BORGES COM. IMP. EXP. TRANSP. LTDA |
|
11 3295-9130 |
|
SOPAVE S/A SOCIEDADE PAULISTA DE VEÍCULOS |
|
11 3272-5327 |
|
WAL MART BRASIL LTDA |
|
11 3453-3784 |
|
YARA HANNA COM. E IND. LTDA |
|
|
|
PAYMENT HISTORY: |
|
03 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 186.478,00 |
|
|
|
AMOUNT OF INVOICES PAID: 19 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 56.666,00 |
|
HIGHEST CREDIT: R$ 5.666,00 |
FINAL OPINION
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS A SATISFACTORY FINANCIAL STANDING, A CLEAR TRADE
HISTORY AND GOOD PAYMENT BEHAVIOR. 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 USD 500.000,00 MAY BE CONSIDERED. |
|
|
|
|
|
|
|
BALANCE SHEET ANALYSIS |
FIGURES ARE IN REAIS |
|
|
|
|
|
31-12-10 |
|
31-12-09 |
|
|
ASSETS |
|
% |
|
% |
|
Current Assets |
99.28 |
$
29,091,639 |
99.23 |
|
|
Fixed Assets |
$ 93,764 |
0.26 |
$ 64,164 |
0.22 |
|
TOTAL ASSETS |
$
35,505,691 |
100.00 |
$
29,318,254 |
100.00 |
|
LIABILITIES |
|
|
|
|
|
Current Liabilities |
$
24,546,448 |
69.13 |
$
19,404,838 |
66.19 |
|
Long-Term Liabilities |
$ 5,976,918 |
16.83 |
$ 6,363,091 |
21.70 |
|
TOTAL LIABILITIES |
$
30,523,366 |
85.97 |
$
25,767,929 |
87.89 |
|
Deferred Income |
$ - |
0.00 |
$ - |
0.00 |
|
Net Equity |
$ 4,982,325 |
14.03 |
$ 3,550,325 |
12.11 |
|
TOTAL LIABILITIES + NET EQUITY |
$
35,505,691 |
100.00 |
$
29,318,254 |
100.00 |
|
PROFIT AND LOSS ACCOUNTS |
|
|
|
|
|
Net Sales |
$
37,553,841 |
100.00 |
$
34,282,786 |
100.00 |
|
Costs |
$
31,158,928 |
82.97 |
$
26,633,582 |
77.69 |
|
Gross Profit |
$ 6,394,914 |
17.03 |
$ 7,649,204 |
22.31 |
|
Operating expenses |
$
(3,130,977) |
-8.34 |
$
(3,047,308) |
-8.89 |
|
operational Result |
$ 2,046,968 |
5.45 |
$ 1,488,862 |
4.34 |
|
Net Profit (loss) |
$ 1,373,609 |
3.66 |
$ 1,006,649 |
2.94 |
|
COMPLEMENTARY DATA |
|
|
|
|
|
Inventory |
$
13,062,699 |
|
$
13,670,139 |
|
|
Accounts receivable |
$
15,581,252 |
|
$
12,738,377 |
|
|
Accounts Payable |
$
23,106,483 |
|
$
18,489,497 |
|
|
Property, plant and equipment |
$ 93,764 |
|
$ 64,164 |
|
|
Purchases |
$ 93,764 |
|
$ 64,164 |
|
|
Financial Expenses |
$
(1,216,968) |
|
$
(3,113,035) |
|
|
Foreign Currency Assets |
|
|
|
|
|
Foreign Currency Liabilities |
|
|
|
|
|
Working Capital |
$
10,703,029 |
|
$ 9,686,801 |
|
|
RATIOS: |
|
|
|
|
|
QUICK RATIO |
0.90 |
|
0.79 |
|
|
CURRENT RATIO |
1.44 |
|
1.50 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
2.41 |
times |
2.69 |
times |
|
DAYS' SALES IN RECEIVABLES |
149.37 |
days |
133.76 |
days |
|
INVENTORY TURNOVER |
2.39 |
times |
1.95 |
times |
|
266.96 |
days |
249.92 |
days |
|
|
RETURN ON ASSETS |
1.06 |
times |
1.17 |
times |
|
SALES TURNOVER ON NET EQUIY |
7.54 |
times |
9.66 |
times |
|
NET WORTH TIE-UP |
0.02 |
|
0.02 |
|
|
ENDEBTEDNESS |
6.13 |
|
7.26 |
|
|
EQUITY RATIO |
14.03 |
% |
12.11 |
% |
|
WORKING CAPITAL RATIO |
43.60 |
% |
49.92 |
% |
|
GENERAL SOLVENCY |
1.16 |
|
1.14 |
|
|
RETURN ON NET EQUITY |
27.57 |
% |
28.35 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
3.66 |
% |
2.94 |
% |
|
GROSS PROFIT MARGIN |
17.03 |
% |
22.31 |
% |
|
OPERATIONAL RESULT |
5.45 |
% |
4.34 |
% |
|
SALES TURNOVER ON LIABILITIES |
1.53 |
times |
1.77 |
times |
|
FOREIGN CURRENCY ON ASSETS |
- |
% |
- |
% |
|
FOREIGN CURRENCY ON LIABILITIES |
- |
% |
- |
% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.36 |
|
UK Pound |
1 |
Rs.82.51 |
|
Euro |
1 |
Rs.68.99 |
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.