MIRA INFORM REPORT
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Report Date : |
07.02.2012 |
IDENTIFICATION DETAILS
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Name : |
RHM ROHSTOFF-HANDELSGESELLSCHAFT MBH |
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Registered Office : |
Rheinstrasse 141, Mulheim An Der Ruhr, 45478 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
21.09.1994 |
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Com. Reg. No.: |
15217 |
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Legal Form : |
Private Parent Company |
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Line of Business : |
wholesale (purchase and sale) of metal and non-metal waste and scrap and materials for recycling |
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No. of Employees
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195 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
RHM Rohstoff-Handelsgesellschaft mbH
Rheinstrasse 141
Mulheim An Der Ruhr, 45478
Germany
Tel: +49 (0) 208 999240
Fax: +49 (0) 208 9992415
Web: www.rhm-rohstoffe.de
Synthesis
Employees: 195
Company Type: Private Parent
Corporate Family: 4
Companies
Incorporation Date:
21-Sep-1994
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2009
Reporting Currency: Euro
Annual Sales: 341.4
Total Assets: 140.0
Business Description
RHM
Rohstoff-Handelsgesellschaft mbH is primarily engaged in wholesale (purchase
and sale) of metal and non-metal waste and scrap and materials for recycling,
including collecting, sorting, separating, stripping of used goods such as cars
in order to obtain reusable parts, (re) packing, storage and delivery, but
without a real transformation process. Additionally the purchased and sold
waste has a remaining value; and dismantling of end-of-life vehicles
(dismantling of cars; wholesale in car wrecks; sale of parts from wrecks to
private persons and professional users).
Industry
Industry Waste Management Services
ANZSIC 2006: 3322 - Metal and
Mineral Wholesaling
NACE 2002: 5157 - Wholesale
of waste and scrap
NAICS 2002: 423930 -
Recyclable Material Merchant Wholesalers
UK SIC 2003: 5157 - Wholesale
of waste and scrap
US SIC 1987: 5093 - Scrap and
Waste Materials
Key Executives
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Name |
Title |
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Wilhelm Botzel |
Co-Geschaftsfuhrer |
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Udo Meynerts |
Co-Geschaftsfuhrer |
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Eugen Winter |
Co-Geschaftsfuhrer |
Registered No.(DEU): 15217
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
Rheinstrasse 141
Mulheim An Der Ruhr, 45478
Germany
Tel: +49 (0) 208 999240
Fax: +49 (0) 208 9992415
Web : www.rhm-rohstoffe.de
Sales EUR(mil): 245.5
Assets EUR(mil): 97.6
Employees: 195
Fiscal Year End: 31-Dec-2009
Industry: Waste
Management Services
Incorporation Date: 21-Sep-1994
Company Type: Not
Quoted
Registered No.(DEU): 15217
Co-Geschaftsfuhrerr: Wilhelm
Botzel
Contents
· Industry Codes
· Business Description
· Financial Data
· Subsidiaries
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
5309 - Other Warehousing and Storage Services
3322 - Metal and Mineral Wholesaling
NACE 2002 Codes:
5152 - Wholesale of metals and ores
6312 - Storage and warehousing
5157 - Wholesale of waste and scrap
NAICS 2002 Codes:
423930 - Recyclable Material Merchant Wholesalers
423520 - Coal and Other Mineral and Ore Merchant Wholesalers
493 - Warehousing and Storage
US SIC 1987:
5093 - Scrap and Waste Materials
505 - Metals and Minerals, Except Petroleum
4225 - General Warehousing and Storage
UK SIC 2003:
5157 - Wholesale of waste and scrap
6312 - Storage and warehousing
5152 - Wholesale of metals and ores
Business
Description
RHM
Rohstoff-Handelsgesellschaft mbH is primarily engaged in wholesale (purchase
and sale) of metal and non-metal waste and scrap and materials for recycling,
including collecting, sorting, separating, stripping of used goods such as cars
in order to obtain reusable parts, (re) packing, storage and delivery, but
without a real transformation process. Additionally the purchased and sold
waste has a remaining value; and dismantling of end-of-life vehicles
(dismantling of cars; wholesale in car wrecks; sale of parts from wrecks to
private persons and professional users).
More Business Descriptions
Metal Service Centers and Other Metal Merchant Wholesalers
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Corporate Family |
Corporate
Structure News: |
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RHM
Rohstoff-Handelsgesellschaft mbH |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Mülheim An Der Ruhr, Nordrhein-Westfalen |
Germany |
Waste Management Services |
341.4 |
195 |
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Subsidiary |
Witten, Nordrhein-Westfalen |
Germany |
Waste Management Services |
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150 |
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Subsidiary |
Herne, Nordrhein-Westfalen |
Germany |
Waste Management Services |
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25 |
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Schrottaufbereitung
Recycling- und Hafenumschlag Alfred Mandel GmbH |
Subsidiary |
Gelsenkirchen, Nordrhein-Westfalen |
Germany |
Waste Management Services |
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25 |
Executive report
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Executives |
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Co-Geschaftshurer |
Chief Executive Officer |
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Co- Geschaftshurer |
Chief Executive Officer |
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Co- Geschaftshurer |
Chief Executive Officer |
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Annual Profit & Loss
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate (Period
Average) |
0.719047 |
0.683679 |
0.730637 |
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Consolidated |
Yes |
Yes |
No |
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Total income |
341.4 |
637.6 |
303.3 |
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Raw materials and services |
278.0 |
561.8 |
280.8 |
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Net sales |
341.4 |
637.6 |
303.3 |
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Change in stock |
1.6 |
0.1 |
0.4 |
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Other operating income |
3.1 |
3.6 |
0.3 |
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Raw materials and consumables employed |
278.0 |
561.8 |
280.8 |
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Other external charges |
1.5 |
4.7 |
4.9 |
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Cost of goods sold |
279.5 |
566.5 |
285.7 |
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Cost of raw materials |
279.5 |
566.5 |
285.7 |
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Taxes and social security costs |
2.6 |
2.7 |
0.5 |
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Total payroll costs |
15.8 |
16.6 |
3.5 |
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Fixed asset depreciation and amortisation |
9.5 |
8.6 |
1.0 |
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Other operating costs |
70.1 |
73.7 |
13.6 |
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Net operating income |
6.3 |
12.9 |
7.1 |
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Interest received from loans |
0.1 |
0.2 |
2.8 |
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Income received from associated companies |
0.0 |
0.0 |
- |
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Other income |
0.7 |
0.2 |
0.0 |
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Interest payable on loans |
4.3 |
3.0 |
0.9 |
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Total expenses |
3.6 |
2.8 |
-1.9 |
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Profit before tax |
2.7 |
10.1 |
9.0 |
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Provisions |
9.1 |
8.1 |
2.3 |
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Other taxes |
0.1 |
0.1 |
0.1 |
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Total taxation |
1.2 |
3.7 |
2.9 |
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Profit distributed to shareholders |
0.0 |
0.0 |
- |
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Net profit |
1.4 |
6.3 |
6.0 |
Annual Balance Sheet
Financials in: USD (mil)
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|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
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Consolidated |
Yes |
Yes |
No |
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Issued capital |
14.3 |
13.9 |
4.4 |
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Other reserves |
0.0 |
- |
10.2 |
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Total reserves |
0.0 |
- |
10.2 |
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Profits for the year |
12.4 |
13.5 |
13.7 |
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Profit brought forward from previous year(s) |
11.0 |
7.5 |
13.1 |
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Total stockholders equity |
26.9 |
27.4 |
28.4 |
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Minority interests |
- |
0.0 |
- |
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Deferred taxation |
2.6 |
2.1 |
0.4 |
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Other provisions |
6.5 |
5.3 |
1.9 |
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Provision for pensions |
0.3 |
0.3 |
0.1 |
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Provisions and allowances |
9.4 |
7.7 |
2.4 |
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Other debentures |
20.9 |
23.3 |
1.6 |
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Taxes and social security |
0.4 |
0.2 |
- |
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Total long-term liabilities |
21.3 |
23.5 |
1.6 |
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Trade creditors |
21.0 |
24.6 |
14.4 |
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Other loans |
45.9 |
15.7 |
14.7 |
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Taxation and social security |
14.7 |
8.6 |
9.4 |
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Other current liabilities |
0.5 |
0.5 |
0.5 |
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Owing to participants |
0.3 |
0.9 |
0.3 |
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Total current liabilities |
82.4 |
50.2 |
39.3 |
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Total liabilities (including net worth) |
140.0 |
108.7 |
71.7 |
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Patents |
1.0 |
1.7 |
- |
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Goodwill |
6.2 |
6.4 |
- |
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Intangibles |
7.2 |
8.1 |
- |
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Land and buildings |
18.5 |
16.6 |
6.0 |
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Machinery and tools |
18.4 |
16.8 |
1.7 |
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Fixtures and equipment |
18.5 |
16.6 |
6.0 |
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Fixed assets under construction |
1.6 |
1.3 |
0.1 |
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Total tangible fixed assets |
48.4 |
44.4 |
9.7 |
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Long-term investments |
0.0 |
0.0 |
0.3 |
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Shares held in associated companies |
0.0 |
0.0 |
20.0 |
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Total financial assets |
1.5 |
1.5 |
20.2 |
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Loans to associated companies |
0.4 |
0.4 |
- |
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Total non-current assets |
57.1 |
53.9 |
30.0 |
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Raw materials |
4.1 |
1.8 |
0.9 |
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Finished goods |
22.2 |
7.9 |
2.0 |
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Prepayments |
- |
0.0 |
- |
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Net stocks and work in progress |
26.3 |
9.7 |
2.9 |
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Trade debtors |
38.4 |
32.0 |
33.8 |
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Other receivables |
9.3 |
5.1 |
2.3 |
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Total receivables |
48.7 |
37.1 |
38.8 |
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Owing from associated companies |
- |
- |
2.7 |
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Owing from participants |
1.0 |
- |
0.1 |
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Cash and liquid assets |
7.7 |
7.8 |
0.0 |
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Shares in associated companies |
1.0 |
1.0 |
- |
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Recoverable taxation |
0.1 |
0.1 |
- |
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Total current assets |
82.8 |
54.7 |
41.7 |
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Prepaid expenses and deferred costs |
0.1 |
0.1 |
0.0 |
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Total assets |
140.0 |
108.7 |
71.7 |
Annual Ratios
Financials in: USD (mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
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Consolidated |
Yes |
Yes |
No |
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Current ratio |
10.05 |
10.89 |
10.61 |
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Acid test ratio |
6.85 |
8.95 |
9.88 |
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Total liabilities to net worth |
0.39% |
0.27% |
0.14% |
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Net worth to total assets |
0.02% |
0.03% |
0.04% |
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Current liabilities to net worth |
0.31% |
0.18% |
0.14% |
|
Current liabilities to stock |
0.31% |
0.52% |
1.36% |
|
Fixed assets to net worth |
0.21% |
0.20% |
0.11% |
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Collection period |
398.00 |
193.00 |
380.00 |
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Stock turnover rate |
0.75 |
0.16 |
0.09 |
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Profit margin |
0.00% |
0.00% |
0.00% |
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Return on assets |
0.00% |
0.01% |
0.01% |
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Shareholders' return |
0.01% |
0.02% |
0.02% |
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Sales per employee |
127.87 |
230.65 |
671.45 |
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Profit per employee |
0.51 |
2.29 |
13.33 |
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Average wage per employee |
5.91 |
5.99 |
7.67 |
|
Net worth |
26.9 |
27.4 |
28.4 |
|
Number of employees |
192 |
189 |
33 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.67 |
|
UK Pound |
1 |
Rs.76.75 |
|
Euro |
1 |
Rs.63.56 |
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 |
|
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 |
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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.