MIRA
INFORM REPORT
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Report Date : |
19.01.2011 |
IDENTIFICATION DETAILS
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Name : |
COHERENT, INC |
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Registered Office : |
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Country : |
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Financials (as on) : |
02.10.2010 |
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Year of Establishment : |
1968 |
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Legal Form : |
-- |
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Line of Business : |
Laser manufacturer |
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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Maximum Credit Limit : |
1,500,000 USD |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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 |
GEOPOLITICS - UNITED STATES
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD |
IDENTIFICATION
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Ordered as: |
Coherent Inc |
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Address in the order: |
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Legal Name: |
COHERENT, INC |
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Legal Address |
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Operative Address |
5100 Patrick Henry D, |
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Telephone: |
+1 (408)-764-40 00 |
Document Number : |
2184071 |
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Fax: |
+1 (408)-764-48 00 |
Legal Form: |
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Email: |
NA |
Registered in: |
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Website: |
http://www.coherent.com |
Date Created: |
1968 |
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Manager: |
John Ambroseo, President |
Date Incorporated: |
January 11st, 1989 |
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Staff: |
2,000 employees |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Laser manufacturer |
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BUSINESS
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HISTORY |
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Coherent, Inc is a private company created in 1966 and based in |
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PRINCIPAL ACTIVITY |
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Coherent, Inc is working as a provider of lasers and laser-based
solutions. |
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Products/Services description: |
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The subject provides: laser sources, laser tools, accessories and
components. |
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Sales are: |
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Wholesale |
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Clients: |
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Industrial companies. |
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Operations area: |
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National, International |
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The company imports from Worldwide |
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The company does not export |
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Trade References: |
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Despite our searches we were not able to find any company's trade
references. |
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The subject employs 2,000 employee(s) |
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PAYMENTS |
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regular |
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LOCATION |
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Headquarters |
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The company is headquartered at |
Shareholders - Manager - Related Companies
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Listed at the stock exchange: |
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YES |
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Shareholders Parent Company(ies): |
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- Major Holders: % of Shares Held by All Insider and 5% Owners: 10% % of Shares Held by Institutional & Mutual Fund Owners: 82% % of Float Held by Institutional & Mutual Fund Owners: 92% Number of Institutions Holding Shares: 140 - Major Direct Holders
(Forms 3 & 4) Holder Shares Reported PRESS CLIFFORD OLIVER PRESS PARTNERS, LLC AMBROSEO JOHN SIMONET HELENE VIJ SANDEEP - Top
Institutional Holders Holder Shares % Out Value* Reported DIMENSIONAL FUND ADVISORS LP EAGLE ASSET MANAGEMENT, INC. LORD ABBETT & CO WELLS FARGO & COMPANY VANGUARD GROUP, INC. (THE) NWQ INVESTMENT MANAGEMENT COMPANY, LLC DFA LORD ABBETT RESEARCH FUND, SMALL-CAP VALUE SERIES CENTRAL SECURITIES CORP PENNSYLVANIA MUTUAL FUND INC VANGUARD SMALL-CAP INDEX FUND ISHARES RUSSELL 2000 INDEX FD INVESCO SMALL CAP GROWTH FUND VANGUARD TOTAL STOCK MARKET INDEX FUND |
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Management: |
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John R. Ambroseo, PhD President and Chief Executive Officer Helene Simonet Executive Vice President and Chief Financial Officer Luis Spinelli Executive Vice President and Chief Technology Officer Mark S. Sobey, PhD Executive Vice President and General Manager Specialty Laser Systems Business Group Bret DiMarco Executive Vice President and General Counsel |
Financials - COMMERCIAL TRENDS AND FORECAST
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The subject is a public company traded at the stock exchange. Please
find enclosed the financial statements. |
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Legal Fillings |
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There are no UCC files listed with the Secretary of State of Delaware. 1. Filing Number: 2009-41189344
Filing Date: 07-23-2009 Filing Jurisdiction: Filing Location: SECRETARY OF
STATE/UCC DIVISION Filing History: Filing Type
Filing Date INITIAL FILING 07-23-2009 TERMINATION 09-22-2009 Secured Party: STATE OF Secured Party Address: Debtor: COHERENT INC Debtor Address: Collateral Description:
07/23/2009 2009-41189344 - INTEREST Collateral Count: 2. Filing Number: 097191852961 Filing Date: 03-27-2009 Filing Jurisdiction: Filing History: Filing Type
Filing Date UCC3 AMENDMENT 03-31-2009 UCC3 AMENDMENT 04-06-2009 UCC3 AMENDMENT 04-13-2009 UCC3 AMENDMENT 04-24-2009 UCC3 TERMINATION 07-16-2009 Secured Party: COHERENT, INC. Secured Party Address: Debtor: MS KATHLEEN GONTERMAN Debtor Address: MOUNTAIN VIEW CA 94041- 1511 Collateral Description:
04/24/2009 0971945508 - THE FOLLOWING EQUIPMENT IS DELETED FROM THE
COLLATERAL DESCRIPTION: ITEM 33, ACER EVS- 3. Filing Number: 20082041249 Filing Date: 04-22-2008 Filing Jurisdiction: Filing Location: SECRETARY OF
STATE/UCC DIVISION 1560 BROADWAY DENVER CO 80202 Filing History: Filing Type
Filing Date INITIAL FILING 04-22-2008 TERMINATION 02-17-2010 Secured Party: COHERENT, INC. Secured Party Address: Secured Party: COHERENT, INC. Secured Party Address: Collateral Description: 04/22/2008 20082041249 - FIXTURES AND
PROCEEDS;EQUIPMENT AND PROCEEDS;ASSETS AND PROCEEDS Collateral Count: There are no legal filings listed with the District Court. THE COMPANY IS NOT LISTED ON THE OFAC LIST.* For information: * The Specially Designated Nationals (SDN) List is a publication of
OFAC which lists individuals and organizations with whom ** The Uniform Commercial Code (UCC) is one of a number of uniform acts
that have been promulgated in conjunction with efforts to harmonize the law
of sales and other commercial transactions in all 50 states within the The UCC deals primarily with transactions involving personal property
(movable property), not real property (immovable property). It allows a creditor to notify other creditors about a debtor’s assets
used as collateral for a secured transaction by filing a public notice
(financing statement) with a particular filing office. The Uniform Commercial Code Bureau files and maintains on financial
obligations (including IRS liens) incurred by individuals (in business as a
sole proprietor), business entities and corporations. |
Rating
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Local credit bureau gave a satisfying credit rate. The company is in Good Standing. This means that all local and federal
taxes were paid on due date. |
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Final Opinion |
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This is a Big size company. The firm is publicly traded at the Nadasq under the symbol
"COHR". Looking at the consolidating financials, we can see that the company
is on a safe trend. Indeed, the profitability is good and the payment trends are regular. Considering the fact that company maintains a high level of activity, we
believe that the company can bear a credit line in the range of 1,500,000
USD. The business inspires confidence. The business connection can be conducted. |
SUMMARY
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Profitability |
GOOD |
Public Records |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
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APPENDIX
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Position |
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Operator |
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Comments |
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She was able to confirm us the information in the report. She
transferred us to the financial department but nobody was able to pick up our
call. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.53 |
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1 |
Rs.72.56 |
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Euro |
1 |
Rs.60.62 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
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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.