MIRA INFORM REPORT
|
Report Date : |
04.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
JTC DISTRIBUIDORA LTDA |
|
|
|
|
Registered Office : |
Rua Mendes Caldeira,299 – Bras, 03007-060 - São Paulo/Sp |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
05.09.2005 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Import, Export, Distribution and Wholesale of food
products, seeds, beverages and others |
|
|
|
|
No. of Employees
: |
83 |
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$ 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
JTC DISTRIBUIDORA
LTDA
Company ADDRESSES
|
MAIN ADDRESS: |
RUA MENDES CALDEIRA,299 - BRAS |
|
ZIP CODE/CITY: |
03007-060 - SÃO PAULO/SP |
|
|
|
|
PHONE: |
11 3322-9300 |
|
FAX: |
11 3322-9300 RAMAL 2 |
|
E-MAIL: |
|
|
WEB SITE: |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA MENDES CALDEIRA,405 /407 - BRAS |
|
ZIP CODE/CITY: |
03007-060 SÃO PAULO/SP |
|
CNPJ: |
07.612.579/0002-73 |
|
STATE REGISTER: |
149.245.008.113 |
|
|
|
|
ADDRESS: |
RUA MENDES CALDEIRA,410 /416 - BRAS |
|
ZIP CODE/CITY: |
03007-060 SÃO PAULO/SP |
|
CNPJ: |
07.612.579/0003-54 |
|
STATE REGISTER: |
149.421.437.111 |
|
|
|
|
ADDRESS: |
RUA PROFESSOR CLETO,614 - CENTRO HISTÓRICO |
|
ZIP CODE/CITY: |
83203-070 PARANAGUÁ/PR |
|
PHONE: |
41 3427-1317 |
|
CNPJ: |
07.612.579/0004-35 |
|
STATE REGISTER: |
90475530-30 |
|
|
|
|
ADDRESS: |
RUA FELIX BUSSO,20 SALA 25 - CENTRO |
|
ZIP CODE/CITY: |
88301-090 ITAJAI/SC |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
IMPORT, EXPORT, DISTRIBUTION AND WHOLESALE OF FOOD PRODUCTS, SEEDS,
BEVERAGES AND OTHERS. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
05/09/2005 |
|
REGISTER DATE: |
05/09/2005 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
07.612.579/0001-92 |
|
STATE REGISTER: |
149.833.433.110 |
|
|
|
|
SHARE CAPITAL: |
R$ 1.000.000,00 |
|
LAST REGISTER OF CAPITAL: |
29/09/2011 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
ANTONIO CALCAGNITI |
MANAGER |
|
JOSE ANTONIO CALCAGNITI |
MANAGER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ANTONIO CALCAGNITI |
99,95% |
|
JOSÉ ANTONIO CALCAGNITI |
0,05% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
SEMENTES E RAÇÕES CANTO LEGAL LTDA |
|
|
T C REPRESENTAÇÕES LTDA EPP |
|
|
COBEXEL COBRANÇASLTDA |
|
|
BROKERBRASIL REPRESENTAÇÕES LTDA |
|
|
MASTERBRANDS DO BRASIL IMP. E EXPORTAÇÃO |
|
COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON SEPTEMBER 05, 2005 TO BE ENGAGED IN THE
SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL
SCENE REPORTED HEREIN. THE COMPANY OPERATES WITH THE TRADE NAME: JTC DISTRIBUIDORA PARTNERS: ANTONIO CALCAGNITI: BRAZILIAN, MARRIED, ENTERPRENEUR, HOLDER OF
DOCUMENTS RG 1.390.623-9 SSP/SP AND CPF 098.548.948-00, RESIDENTIAL ADDRESS
AT RUA BAHIA 1087, HIGIENÓPOLIS - SÃO PAULO/SP; JOSÉ ANTONIO CALCAGNITI: NOT AVAILABLE. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT ARE STILL WAITING
FOR AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA NECESSARY TO COMPLETE
THIS REPORT. A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE COMPANY. PROVIDED THE
DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY REPORT WILL BE
SENT TO YOUR ATTENTION. 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
|
GENERAL BALANCE SHEETS AS OF 31/12/2009, 31/12/2008 AND 31/12/2007. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2009 |
31/12/2008 |
31/12/2007 |
|
|
|
|
|
|
CASH AND CASH EQUIVALENTS |
4.101.409,50 |
2.222.595,94 |
2.801.775,13 |
|
INVESTMENTS |
1.213.155,60 |
234.118,06 |
240.588,82 |
|
CLIENTS |
9.048.299,56 |
6.693.756,08 |
7.863.044,69 |
|
RECOVERABLE TAXES |
53.167,56 |
174.073,57 |
546.331,03 |
|
INVENTORY |
3.440.116,19 |
3.983.150,21 |
3.014.694,00 |
|
DOUBTFUL DEBTORS |
-279.751,33 |
-203.298,70 |
-235.891,34 |
|
ACCOUNTS RECEIVABLE |
|
|
24.735,74 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
17.576.397,08 |
13.104.395,16 |
14.255.278,07 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
408.937,97 |
374.844,87 |
61.841,38 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
408.937,97 |
374.844,87 |
61.841,38 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
17.985.335,05 |
13.479.240,03 |
14.317.119,45 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2009 |
31/12/2008 |
31/12/2007 |
|
|
|
|
|
|
LOANS AND FINANCING |
975.000,00 |
2.659.073,99 |
799.999,60 |
|
TAXES & CONTRIBUTIONS |
649.367,78 |
219.083,68 |
326.879,25 |
|
ACCOUNTS PAYABLE |
3.022.145,50 |
2.293.357,64 |
440.138,95 |
|
SUPPLIERS |
8.494.181,81 |
4.388.030,05 |
11.247.522,04 |
|
SALARIES PAYABLE |
5.363,91 |
22.488,49 |
1.239,82 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
13.146.059,00 |
9.582.033,85 |
12.815.779,66 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
500.000,00 |
500.000,00 |
500.000,00 |
|
PROFIT RESERVES |
3.397.206,18 |
1.001.339,79 |
844.717,50 |
|
PROFIT (LOSS) OF PERIOD |
972.069,87 |
2.478.390,39 |
590.122,29 |
|
PROFIT SHARING |
-30.000,00 |
-82.524,00 |
-433.500,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
4.839.276,05 |
3.897.206,18 |
1.501.339,79 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
17.985.335,05 |
13.479.240,03 |
14.317.119,45 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2009, 31/12/2008 AND 31/12/2007. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2009 |
31/12/2008 |
31/12/2007 |
|
|
|
|
|
|
GROSS SALES |
82.783.693,31 |
76.417.036,05 |
70.738.089,95 |
|
(-) TAXES ON SALES |
14.350.048,97 |
13.620.978,01 |
11.526.915,69 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
68.433.644,34 |
62.796.058,04 |
59.211.174,26 |
|
(-) COST OF SOLD GOODS |
54.254.157,36 |
52.392.784,30 |
53.723.983,66 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
14.179.486,98 |
10.403.273,74 |
5.487.190,60 |
|
OPERATING REVENUE (EXPENSE) |
-12.245.867,90 |
-6.301.361,45 |
-2.945.510,74 |
|
FINANCIAL REVENUE(EXPENSE) |
-497.149,56 |
-383.138,91 |
-422.745,65 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
1.436.469,52 |
3.718.773,38 |
2.118.934,21 |
|
CONTRIBUTION/INCOME TAX |
-464.399,65 |
-1.240.382,79 |
-696.437,64 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
972.069,87 |
2.478.390,59 |
1.422.496,57 |
|
MONTHLY SALES |
|||
|
|
2010 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 5.337.506,72 |
|
|
|
FEBRUARY |
R$ 5.381.059,91 |
|
|
|
MARCH |
R$ 8.322.659,56 |
|
|
|
APRIL |
R$ 7.180.736,77 |
|
|
|
MAY |
R$ 7.712.297,20 |
|
|
|
JUNE |
R$ 7.170.375,18 |
|
|
|
JULY |
R$ 7.806.098,59 |
|
|
|
AUGUST |
|
|
|
|
SEPTEMBER |
|
|
|
|
OCTOBER |
|
|
|
|
NOVEMBER |
|
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$ 48.910.733,93 |
|
|
|
RATIOS: |
31/12/2009 |
31/12/2008 |
31/12/2007 |
|
QUICK RATIO |
1,08 |
|
,95 |
|
,88 |
|
|
CURRENT RATIO |
1,34 |
|
1,37 |
|
1,11 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
7,56 |
TIMES |
9,38 |
TIMES |
7,53 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
47,60 |
DAYS |
38,37 |
DAYS |
47,81 |
DAYS |
|
INVENTORY TURNOVER |
15,77 |
TIMES |
13,15 |
TIMES |
17,82 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
56,36 |
DAYS |
30,15 |
DAYS |
75,37 |
DAYS |
|
RETURN ON ASSETS |
3,81 |
TIMES |
4,66 |
TIMES |
4,14 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
14,14 |
TIMES |
16,11 |
TIMES |
39,44 |
TIMES |
|
NET WORTH TIE-UP |
,08 |
|
,10 |
|
,04 |
|
|
INDEBTEDNESS |
2,72 |
|
2,46 |
|
8,54 |
|
|
EQUITY RATIO |
26,91 |
% |
28,91 |
% |
10,49 |
% |
|
WORKING CAPITAL RATIO |
33,70 |
% |
36,76 |
% |
11,23 |
% |
|
GENERAL SOLVENCY |
1,37 |
|
1,41 |
|
1,12 |
|
|
RETURN ON NET EQUITY |
20,09 |
% |
63,59 |
% |
94,75 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
1,42 |
% |
3,95 |
% |
2,40 |
% |
|
GROSS PROFIT MARGIN |
20,72 |
% |
16,57 |
% |
9,27 |
% |
|
OPERATIONAL RESULT |
2,10 |
% |
5,92 |
% |
3,58 |
% |
|
SALES TURNOVER ON LIABILITIES |
5,21 |
TIMES |
6,55 |
TIMES |
4,62 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 1,86 |
- OFFICIAL RATE ON 02/01/2012 |
|
US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 31/12/2009 |
|
US$ 1,00 = R$ 2,33 |
- OFFICIAL RATE ON 31/12/2008 |
|
US$ 1,00 = R$ 1,77 |
- OFFICIAL RATE ON 31/12/2007 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A FAIR FINANCIAL STANDING. THE LEVEL OF
INDEBTEDNESS IS VERY HIGH BUT IT IS NOTED GOOD CURRENT RATIO AND POSITIVE
WORKING CAPITAL AMOUNT AS WELL AS GROWING SALES AND PROFITABILITY. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
INSURANCE
|
NOT AVAILABLE. |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
|
|
BANCO ITAU S/A |
AG: 0003 / 11 3247-3154 |
|
|
BANCO SANTANDER S/A |
AG: 0637 -/ 11 3866-2570 |
|
|
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
|
THE SUBJECT IS ENGAGED IN THE IMPORT, EXPORT, DISTRIBUTION AND
WHOLESALE OF FOOD PRODUCTS, SEEDS, BEVERAGES AND OTHERS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
CANADA, INDIA, CHILE AND ARGENTINA. |
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
DI - BRAGA INDUSTRIA E COMERCIO |
|
21 2671-1726 |
|
EBUDREO E MONTEIRO COMERCIAL LTDA |
|
11 5511-0300 |
|
HIKARI INDUDRIA E COMERCIO |
|
11 4674-6000 |
|
JANDIRA COMERCIO DE PRODUTOS ALIMENTÍCIOS LTDA |
|
41 3669-6216 |
|
M.W.A. COMERCIO DE PRODUTOS ALIMENTÍCIOS LTDA |
|
17 3231-4433 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 83 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A NEW ESTABLISHED COMPANY, OPERATING SINCE 2005. 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: |
|
AGRO FOOD IMP. EXP. LTDA |
|
11 3229-1655 |
|
COMERCIAL IMNP. EXPORTAÇÃO LA RIOJA LTDA |
|
11 3328-0000 |
|
COTIA FOODS |
|
11 4615-4100 |
|
OLAM BRASIL LTDA |
|
85 3486-1206 |
|
YOKI ALIMENTOS S/A |
|
11 2188-8870 |
|
PAYMENT HISTORY: |
|
2 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 879.982,00 |
|
|
|
AMOUNT OF INVOICES PAID: 29 |
|
TOTAL OF PROMPT PAYMENTS: 95,7% |
|
TOTAL OF DELAYED PAYMENTS: 4,3% |
|
|
|
HIGHEST INVOICE: R$ 168.300,00 |
|
HIGHEST CREDIT: R$ 168.300,00 |
FINAL OPINION
|
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$ 500.000,00 MAY BE CONSIDERED. |
Financials
|
|
|
|
|
|
|
|
|
BALANCE SHEET ANALYSIS |
FIGURES ARE IN REAIS |
|
|
|
|
|
|
|
31-12-09 |
|
31-12-08 |
|
31-12-07 |
|
|
ASSETS |
|
% |
|
% |
|
% |
|
Current Assets |
97.73 |
$
13,104,395 |
97.22 |
$
14,255,278 |
99.57 |
|
|
Fixed Assets |
$ 408,938 |
2.27 |
$ 374,845 |
2.78 |
$ 61,841 |
0.43 |
|
TOTAL ASSETS |
$
17,985,335 |
100.00 |
$
13,479,240 |
100.00 |
$
14,317,119 |
100.00 |
|
LIABILITIES |
|
|
|
|
|
|
|
Current Liabilities |
$
13,146,059 |
73.09 |
$ 9,582,034 |
71.09 |
$
12,815,780 |
89.51 |
|
Long-Term Liabilities |
$ - |
0.00 |
$ - |
0.00 |
$ - |
0.00 |
|
TOTAL LIABILITIES |
$
13,146,059 |
73.09 |
$ 9,582,034 |
71.09 |
$
12,815,780 |
89.51 |
|
Deferred Income |
$ - |
0.00 |
$ - |
0.00 |
$ - |
0.00 |
|
Net Equity |
$
4,839,276 |
26.91 |
$ 3,897,206 |
28.91 |
$
1,501,340 |
10.49 |
|
TOTAL LIABILITIES + NET EQUITY |
$
17,985,335 |
100.00 |
$
13,479,240 |
100.00 |
$
14,317,119 |
100.00 |
|
PROFIT AND LOSS ACCOUNTS |
|
|
|
|
|
|
|
Net Sales |
$
68,433,644 |
100.00 |
$
62,796,058 |
100.00 |
$
59,211,174 |
100.00 |
|
Costs |
$
54,254,157 |
79.28 |
$
52,392,784 |
83.43 |
$
53,723,984 |
90.73 |
|
Gross Profit |
$
14,179,487 |
20.72 |
$
10,403,274 |
16.57 |
$
5,487,191 |
9.27 |
|
Operating expenses |
$
(12,245,868) |
-17.89 |
$
(6,301,361) |
-10.03 |
$
(2,945,511) |
-4.97 |
|
operational Result |
$ 1,436,470 |
2.10 |
$ 3,718,773 |
5.92 |
$
2,118,934 |
3.58 |
|
Net Profit (loss) |
$ 972,070 |
1.42 |
$ 2,478,391 |
3.95 |
$
1,422,497 |
2.40 |
|
COMPLEMENTARY DATA |
|
|
|
|
|
|
|
Inventory |
$ 3,440,116 |
|
$ 3,983,150 |
|
$
3,014,694 |
|
|
Accounts receivable |
$ 9,048,300 |
|
$ 6,693,756 |
|
$
7,863,045 |
|
|
Accounts Payable |
$ 8,494,182 |
|
$ 4,388,030 |
|
$
11,247,522 |
|
|
Property, plant and equipment |
$ 408,938 |
|
$ 374,845 |
|
$ 61,841 |
|
|
Purchases |
$ 408,938 |
|
$ 374,845 |
|
$ 61,841 |
|
|
Financial Expenses |
$ (497,150) |
|
$ (383,139) |
|
$
(422,746) |
|
|
Foreign Currency Assets |
|
|
|
|
|
|
|
Foreign Currency Liabilities |
|
|
|
|
|
|
|
Working Capital |
$ 4,430,338 |
|
$ 3,522,361 |
|
$
1,439,498 |
|
|
RATIOS: |
|
|
|
|
|
|
|
QUICK RATIO |
1.08 |
|
0.95 |
|
0.88 |
|
|
CURRENT RATIO |
1.34 |
|
1.37 |
|
1.11 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
7.56 |
times |
9.38 |
times |
7.53 |
times |
|
DAYS' SALES IN RECEIVABLES |
47.60 |
days |
38.37 |
days |
47.81 |
days |
|
INVENTORY TURNOVER |
15.77 |
times |
13.15 |
times |
17.82 |
times |
|
56.36 |
days |
30.15 |
days |
75.37 |
days |
|
|
RETURN ON ASSETS |
3.80 |
times |
4.66 |
times |
4.14 |
times |
|
SALES TURNOVER ON NET EQUIY |
14.14 |
times |
16.11 |
times |
39.44 |
times |
|
NET WORTH TIE-UP |
0.08 |
|
0.10 |
|
0.04 |
|
|
ENDEBTEDNESS |
2.72 |
|
2.46 |
|
8.54 |
|
|
EQUITY RATIO |
26.91 |
% |
28.91 |
% |
10.49 |
% |
|
WORKING CAPITAL RATIO |
33.70 |
% |
36.76 |
% |
11.23 |
% |
|
GENERAL SOLVENCY |
1.37 |
|
1.41 |
|
1.12 |
|
|
RETURN ON NET EQUITY |
20.09 |
% |
63.59 |
% |
94.75 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
1.42 |
% |
3.95 |
% |
2.40 |
% |
|
GROSS PROFIT MARGIN |
20.72 |
% |
16.57 |
% |
9.27 |
% |
|
OPERATIONAL RESULT |
2.10 |
% |
5.92 |
% |
3.58 |
% |
|
SALES TURNOVER ON LIABILITIES |
5.21 |
times |
6.55 |
times |
4.62 |
times |
|
FOREIGN CURRENCY ON ASSETS |
- |
% |
- |
% |
- |
% |
|
FOREIGN CURRENCY ON LIABILITIES |
- |
% |
- |
% |
- |
% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.23 |
|
UK Pound |
1 |
Rs.82.87 |
|
Euro |
1 |
Rs.69.13 |
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.