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Report Date : |
27.06.2012 |
IDENTIFICATION DETAILS
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Name : |
INTERNATIONAL ITALMARMI DI NICASTRO ROBERTO E C. S.R.L. |
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Registered Office : |
Madonna Del Golfo,14 54100 – |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
27.071981 |
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Com. Reg. No.: |
MS010-3602 of since 19/02/1996 |
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Legal Form : |
Limited liability company |
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Line of Business : |
Cutting and carving of stone and marble |
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No. of Employees : |
6 to 10 |
RATING & COMMENTS
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MIRA’s Rating : |
Be |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Italy |
A2 |
A2 |
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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 |
International Italmarmi di Nicastro Roberto e C. s.r.l.
Madonna Del Golfo,14
54100 – Massa (MS) -IT-
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Fiscal Code |
: |
00373790450 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
27/07/1981 |
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Equity |
: |
500.000 |
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Turnover Range |
: |
2.000.000/2.250.000 |
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Number of Employees |
: |
fom 6 to 10 |
Cutting and carving of stone and marble
Wholesale of other building materials
Legal Form : Limited liability company
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Fiscal Code : 00373790450 |
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Foreign Trade Reg. no. : MS003362 since 10/01/1992 |
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Foreign Trade Reg. no. : 3362 of since 10/01/1992 |
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Chamber of Commerce no. : 76026 of since 27/07/1981 |
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Firms' Register : MS010-3602 of since 19/02/1996 |
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V.A.T. Code : 00373790450 |
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R. E. C. no. : 9738 of |
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Tribunal Co. Register : 3602 of since 02/01/1985 |
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Foundation date |
: 27/07/1981 |
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Establishment date |
: 06/12/1984 |
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Start of Activities |
: 27/07/1981 |
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Legal duration |
: 31/12/2050 |
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Nominal Capital |
: 35.700 |
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Subscribed Capital |
: 35.700 |
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Paid up Capital |
: 35.700 |
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Johns |
Rebecca |
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Born in Helston |
( ) |
on 20/01/1950 |
- Fiscal Code : JHNRCC50A60Z114Y |
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Residence: |
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Dei Fichi |
, 22 |
- 54100 |
Massa |
(MS) |
- IT - |
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Position |
Since |
Shares Amount |
% Ownership |
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Director |
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Managing Director |
03/11/2003 |
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No Prejudicial events are reported |
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No Protests registered |
*checkings have been performed on a national scale.
In this module the companies in which members hold/held positions are
listed.
The Members of the subject firm are not reported to be Members in other
companies.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Nicastro Roberto |
Massa - IT - |
NCSRRT49M27E715M |
21.420 .Eur |
60,00 |
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Nicastro Roberto |
Massa - IT - |
NCSRRT49M27L833R |
21.420 .Eur |
60,00 |
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Johns Rebecca |
Massa - IT - |
JHNRCC50A60Z114Y |
14.280 .Eur |
40,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Internazionale Marmi E Macchine - Carrar a
S.p.a. |
Carrara - IT - |
00207170457 |
18 .Eur |
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|
|
Active |
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M.g.l. - Marmi Graniti Lavorati - S.r.l. |
Ortonovo - IT - |
00112300116 |
10.649 .Eur |
31,78 |
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Active |
In order to carry out its activities the firm uses the following
locations:
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- |
Sede legale e di attivita' |
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Via |
Madonna Del Golfo |
, 14 |
- 54100 |
- Massa |
(MS) |
- IT - |
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TELEX |
: 623516 |
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TELEFONO |
: 0585254355 |
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Employees |
: 4 |
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Assistants |
: 2 |
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Fittings and Equipment for a value of 49.000 |
Eur |
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Stocks for a value of 580.000 |
Eur |
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The firm operates abroad as exporter..
Export represents more than 50% of the global turnover.
Products abroad are placed by :
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- direct orders from foreign companies |
Export is mainly towards:
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- France |
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- Hungary |
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- Bulgaria |
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
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De facto company |
Limited partnership |
18/12/1981 |
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Limited partnership |
Limited liability company |
06/12/1984 |
EX-MEMBERS / EX-POSITIONS:
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Nicastro |
Roberto |
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Born in Viareggio |
(LU) |
on 27/08/1949 |
- Fiscal Code : NCSRRT49M27L833R |
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Residence: |
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Dei Fichi |
, 22 |
- 54100 |
Massa |
(MS) |
- IT - |
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Ex-Postions |
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Chairman |
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Managing Director |
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Zoppi |
Mimmo |
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Ex-Postions |
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Buying Director |
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Splitting-up and setting-up of a new company |
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Date Splitting-up |
: 30/10/2000 |
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Splitting-up project and setting-up of new co |
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Date |
Merging/Splitting-up Project-New Company: |
08/02/2000 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
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Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official
Publications.
The subject has been operating for many years. At present it does
not show financial difficulties.
As regards liquid means, subject is able to face the necessary
management requirements.
Current financial attitude is normal and allows regular settlements.
No irregularities are registered.
No notable criticism is expressed by common suppliers at to the
firm's business conduct which is said to be honest enough.
It suffered a loss in 2010.
Business volume is falling in the last financial year.
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Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
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Item Type |
Value |
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Sales |
2.071.929 |
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Profit (Loss) for the period |
-1.473 |
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Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
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Item Type |
Value |
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Sales |
2.182.594 |
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Profit (Loss) for the period |
41.049 |
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Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
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Item Type |
Value |
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Sales |
3.054.151 |
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Profit (Loss) for the period |
49.349 |
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Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1) |
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Item Type |
Value |
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Sales |
4.398.700 |
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Profit (Loss) for the period |
58.932 |
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Complete balance-sheet for the year |
31/12/2006 |
(in Eur |
x 1) |
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Item Type |
Value |
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Sales |
5.067.104 |
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Profit (Loss) for the period |
103.656 |
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
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- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1 |
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- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: - Amounts x 1 |
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- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: - Amounts x 1 |
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RATIOS |
Value Type |
as at 31/12/2010 |
as at 31/12/2009 |
as at 31/12/2008 |
Sector Average |
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COMPOSITION ON
INVESTMENT |
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Rigidity Ratio |
Units |
0,05 |
0,04 |
0,03 |
0,29 |
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Elasticity Ratio |
Units |
0,95 |
0,96 |
0,96 |
0,69 |
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Availability of stock |
Units |
0,52 |
0,55 |
0,60 |
0,23 |
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Total Liquidity Ratio |
Units |
0,43 |
0,41 |
0,36 |
0,41 |
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Quick Ratio |
Units |
0,09 |
0,14 |
0,07 |
0,01 |
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COMPOSITION ON
SOURCE |
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Net Short-term indebtedness |
Units |
0,34 |
0,30 |
0,67 |
1,78 |
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Self Financing Ratio |
Units |
0,45 |
0,49 |
0,45 |
0,27 |
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Capital protection Ratio |
Units |
0,93 |
0,90 |
0,91 |
0,69 |
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Liabilities consolidation quotient |
Units |
0,25 |
0,16 |
0,10 |
0,23 |
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Financing |
Units |
0,55 |
0,59 |
0,83 |
2,41 |
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Permanent Indebtedness Ratio |
Units |
0,51 |
0,54 |
0,49 |
0,46 |
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M/L term Debts Ratio |
Units |
0,06 |
0,05 |
0,04 |
0,13 |
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Net Financial Indebtedness Ratio |
Units |
0,00 |
n.c. |
n.c. |
0,98 |
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CORRELATION |
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Fixed assets ratio |
Units |
10,38 |
13,53 |
14,23 |
1,51 |
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Current ratio |
Units |
3,85 |
3,30 |
2,56 |
1,20 |
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Acid Test Ratio-Liquidity Ratio |
Units |
1,73 |
1,42 |
0,97 |
0,75 |
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Structure's primary quotient |
Units |
9,13 |
12,35 |
13,18 |
0,83 |
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Treasury's primary quotient |
Units |
0,38 |
0,50 |
0,19 |
0,02 |
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Rate of indebtedness ( Leverage ) |
% |
220,95 |
203,82 |
220,14 |
366,48 |
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Current Capital ( net ) |
Value |
775.111 |
1.023.579 |
1.175.014 |
233.017 |
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RETURN |
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Return on Sales |
% |
0,58 |
3,26 |
2,79 |
3,37 |
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Return on Equity - Net- ( R.O.E. ) |
% |
-0,30 |
5,47 |
5,43 |
3,34 |
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Return on Equity - Gross - ( R.O.E. ) |
% |
3,28 |
9,70 |
11,27 |
11,22 |
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Return on Investment ( R.O.I. ) |
% |
1,44 |
4,82 |
12,11 |
4,00 |
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Return/ Sales |
% |
0,76 |
3,38 |
7,93 |
4,88 |
|
Extra Management revenues/charges incid. |
% |
-9,31 |
55,69 |
20,37 |
19,82 |
|
Cash Flow |
Value |
12.072 |
71.074 |
85.334 |
65.183 |
|
Operating Profit |
Value |
15.825 |
73.710 |
242.241 |
108.595 |
|
Gross Operating Margin |
Value |
29.370 |
103.735 |
278.226 |
167.146 |
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MANAGEMENT |
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|
|
|
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Credits to clients average term |
Days |
54,64 |
n.c. |
n.c. |
131,41 |
|
Debts to suppliers average term |
Days |
52,93 |
n.c. |
n.c. |
111,40 |
|
Average stock waiting period |
Days |
100,23 |
138,16 |
141,52 |
96,30 |
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Rate of capital employed return ( Turnover ) |
Units |
1,88 |
1,43 |
1,53 |
0,84 |
|
Rate of stock return |
Units |
3,59 |
2,61 |
2,54 |
3,72 |
|
Labour cost incidence |
% |
8,16 |
7,89 |
7,55 |
14,94 |
|
Net financial revenues/ charges incidence |
% |
0,03 |
-0,64 |
-4,74 |
-2,29 |
|
Labour cost on purchasing expenses |
% |
8,20 |
8,10 |
8,18 |
14,35 |
|
Short-term financing charges |
% |
0,92 |
3,47 |
19,81 |
3,61 |
|
Capital on hand |
% |
53,17 |
70,04 |
65,52 |
118,11 |
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Sales pro employee |
Value |
414.385 |
436.518 |
436.307 |
209.056 |
|
Labour cost pro employee |
Value |
33.815 |
34.422 |
32.924 |
33.287 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.57.07 |
|
|
1 |
Rs.88.96 |
|
Euro |
1 |
Rs.71.40 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
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-- |
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.