MIRA
INFORM REPORT
|
Report Date : |
30.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
RVD MATERIAIS DIELÉTRICOS LTDA |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
15.11.1992 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacturing of thermo-fixed resins |
|
|
|
|
No. of Employees : |
52 employees |
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 250.000,00 |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Brazil - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth to 2.7% for 2011 as a whole, though forecasts for 2012 growth are somewhat higher. Despite slower growth in 2011, Brazil overtook the United Kingdom as the world's seventh largest economy in terms of GDP. Urban unemployment is at the historic low of 4.7% (December 2011), and Brazil's traditionally high level of income equality has declined for each of the last 12 years. Brazil's high interest rates make it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchanges markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration's commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint.
|
Source : CIA |
Company name
RVD MATERIAIS
DIELÉTRICOS LTDA
company ADDRESSES
|
MAIN ADDRESS: |
ALAMEDA ITAJUBÁ,1476 - JOAPIRANGA |
|
ZIP CODE/CITY: |
13270-000 - VALINHOS/SP |
|
|
|
|
PHONE: |
19 3849-9532 |
|
FAX: |
19 3849-9532 |
|
E-MAIL: |
|
|
WEB SITE: |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
ALAMEDA ITAJUBÁ,1476 - JOAPIRANGA II |
|
ZIP CODE/CITY: |
13278-530 SĂO PAULO/SP |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
MANUFACTURING OF THERMO-FIXED RESINS. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
15/11/1992 |
|
REGISTER DATE: |
15/11/1992 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
69.033.082/0001-77 |
|
STATE REGISTER: |
708.036.784.116 |
|
|
|
|
SHARE CAPITAL: |
R$ 1.395.800,00 |
|
LAST REGISTER OF CAPITAL: |
05/10/2005 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
AMAURI CORSI PIERRONI |
MANAGER |
|
GENTIL FERNEDA NETO |
MANAGER |
|
PAULO ROBERTO ALMEIDA SIMŐES BRANCO |
MANAGER |
|
ROBERTO MONTEIRO |
MANAGER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
AMAURI CORSI PIERRONI |
25% |
|
GENTIL FERNEDA NETO |
25% |
|
PAULO ROBERTO ALMEIDA SIMŐES BRANCO |
25% |
|
ROBERTO MONTEIRO |
25% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
NOT AVAILABLE |
|
COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON NOVEMBER 3, 1992 TO BE ENGAGED IN THE
MANUFACTURE OF ELECTRICAL ISOLATING PRODUCTS. FROM 1993 ON IT HAS STARTED
IMPORTING AND EXPORTING THE SAID PRODUCTS. ORIGINALLY THE COMPANY
OPERATED IN RENTED PREMISES AND IN NOVEMBER 1998 MOVED TO OWNED PREMISES
WHERE THE PRODUCTION CAPACITY AND THE LINE OF PRODUCTS WERE INCREASED. CURRENTLY THE COMPANY HAS
"ISO 9000" CERTIFICATION AND IS KNOWN AS A PRODUCER OF HIGH QUALITY
PRODUCTS FOR THE ELECTRICAL AND ELECTRONIC INDUSTRIES. PARTNERS: AMAURI CORSI PIERRONI:
BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS, RG 10.853.231 SSP/SP AND CPF:
005.529.018-30, RESIDENTIAL ADDRESS AT ALAMEDA SANTA THEREZINHA, 202, BAIRRO
JARDIM THEODORA, CEP 13301-876, ITÚ/SP; GENTIL FERNEDA NETO: BRAZILIAN , DIVORCED, HOLDER OF DOCUMENTS, RG
13.361.821 SSP/SP AND CPF: 809.430.808-78, RESIDENTIAL ADDRESS AT RUA
JAGUARIÚNA, 211, BAIRRO SĂO CRISTOVĂO, CEP 13276-135, VALINHOPS/SP; PAULO ROBERTO ALMEIDA SIMŐES BRANCO: BRAZILIAN, MARRIED, HOLDER OF
DOCUMENTS, RG 8.285.446 SSP/SP AND CPF: 025.809.958-54, RESIDENTIAL ADDRESS
AT ALAMEDA JOSE COMUNE FILHO, 136, CONDOMÍNIO RESIDENCIAL VALE DO ITAMARACÁ,
CEP 13278-417, VALINHOS/SP; ROBERTO MONTEIRO: BRAZILIAN , DIVORCED, HOLDER OF DOCUMENTS, RG
8.129.779 SSP/SP AND CPF: 871.684.568-49, RESIDENTIAL ADDRESS AT NA ALAMEDA
ALDO MARINI, 232, CONDOMÍNIO RESIDENCIAL VALE DO ITAMARACÁ, CEP 13278-407,
VALINHOS/SP. 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 31/12/2008. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2008 |
|
|
|
|
|
|
|
|
CASH AND BANKS |
70.657,95 |
|
|
|
CLIENTS |
3.113.560,19 |
|
|
|
INVENTORY |
3.663.752,55 |
|
|
|
PRE PAID EXPENSES |
124.654,72 |
|
|
|
|
---------------- |
|
|
|
TOTAL CURRENT ASSETS |
6.972.625,41 |
|
|
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
587,11 |
|
|
|
PRE PAID EXPENSES |
245.544,18 |
|
|
|
COMPULSORY LOANS |
33.326,21 |
|
|
|
|
---------------- |
|
|
|
TOTAL LONG-TERM RECEIVABLES |
279.457,50 |
|
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
1.896,08 |
|
|
|
FIXED ASSETS |
3.163.037,26 |
|
|
|
|
---------------- |
|
|
|
TOTAL FIXED ASSETS |
3.164.933,34 |
|
|
|
|
================ |
|
|
|
TOTAL ASSETS |
10.417.016,25 |
|
|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2008 |
|
|
|
|
|
|
|
|
SUPPLIERS |
2.214.145,68 |
|
|
|
TAXES & CONTRIBUTIONS |
49.038,00 |
|
|
|
ACCOUNTS PAYABLE |
43.318,33 |
|
|
|
INSTALLMENTS TAXES PAYABLE |
207.392,40 |
|
|
|
LOANS AND FINANCING |
1.825.497,53 |
|
|
|
LABOR OBLIGATIONS |
153.715,15 |
|
|
|
TAX LIABILITIES |
742.566,92 |
|
|
|
|
---------------- |
|
|
|
TOTAL CURRENT LIABILITIES |
5.235.674,01 |
|
|
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
1.505.162,98 |
|
|
|
INSTALLMENTS TAXES PAYABLE |
230.984,30 |
|
|
|
PROVISIONS |
198.633,71 |
|
|
|
|
---------------- |
|
|
|
TOTAL LONG TERM LIABILITIES |
1.934.780,99 |
|
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
1.395.800,00 |
|
|
|
REVALUATION RESERVES |
385.583,19 |
|
|
|
ACCRUED PROFIT (LOSS) |
61.561,95 |
|
|
|
PROFIT (LOSS) OF PERIOD |
1.403.616,11 |
|
|
|
|
---------------- |
|
|
|
TOTAL NET EQUITY |
3.246.561,25 |
|
|
|
|
================ |
|
|
|
TOTAL LIABILITIES |
10.417.016,25 |
|
|
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2008. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2008 |
|
|
|
|
|
|
|
|
GROSS SALES |
25.593.156,94 |
|
|
|
(-) TAXES ON SALES |
7.297.021,02 |
|
|
|
|
---------------- |
|
|
|
NET SALES |
18.296.135,92 |
|
|
|
(-) COST OF SOLD GOODS |
13.498.294,74 |
|
|
|
|
---------------- |
|
|
|
GROSS PROFIT |
4.797.841,18 |
|
|
|
OPERATING REVENUE (EXPENSE) |
-2.098.789,66 |
|
|
|
FINANCIAL REVENUE(EXPENSE) |
-601.623,41 |
|
|
|
|
---------------- |
|
|
|
OPERATIONAL PROFIT (LOSS) |
2.097.428,11 |
|
|
|
NON-OPERATING RESULT |
10.680,19 |
|
|
|
CONTRIBUTION/INCOME TAX |
-704.492,19 |
|
|
|
|
---------------- |
|
|
|
NET PROFIT (LOSS) |
1.403.616,11 |
|
|
|
MONTHLY SALES |
|||
|
|
2009 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 1.826.552,29 |
|
|
|
FEBRUARY |
R$ 1.853.919,59 |
|
|
|
MARCH |
R$ 2.196.844,79 |
|
|
|
APRIL |
R$ 1.817.664,36 |
|
|
|
MAY |
R$ 1.714.498,21 |
|
|
|
JUNE |
|
|
|
|
JULY |
|
|
|
|
AUGUST |
|
|
|
|
SEPTEMBER |
|
|
|
|
OCTOBER |
|
|
|
|
NOVEMBER |
|
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$ 9.409.479,24 |
|
|
|
RATIOS: |
31/12/2008 |
|
|
|
QUICK RATIO |
,63 |
|
|
|
|
|
|
CURRENT RATIO |
1,33 |
|
|
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
5,88 |
TIMES |
|
|
|
|
|
DAYS' SALES IN RECEIVABLES |
61,26 |
DAYS |
|
|
|
|
|
INVENTORY TURNOVER |
3,68 |
TIMES |
|
|
|
|
|
ACCOUNTS PAYABLE PERIOD |
59,05 |
DAYS |
|
|
|
|
|
RETURN ON ASSETS |
1,76 |
TIMES |
|
|
|
|
|
SALES TURNOVER ON NET EQUITY |
5,64 |
TIMES |
|
|
|
|
|
NET WORTH TIE-UP |
,97 |
|
|
|
|
|
|
INDEBTEDNESS |
2,21 |
|
|
|
|
|
|
EQUITY RATIO |
31,17 |
% |
|
|
|
|
|
WORKING CAPITAL RATIO |
33,18 |
% |
|
|
|
|
|
GENERAL SOLVENCY |
1,45 |
|
|
|
|
|
|
RETURN ON NET EQUITY |
43,23 |
% |
|
|
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
7,67 |
% |
|
|
|
|
|
GROSS PROFIT MARGIN |
26,22 |
% |
|
|
|
|
|
OPERATIONAL RESULT |
11,46 |
% |
|
|
|
|
|
SALES TURNOVER ON LIABILITIES |
3,49 |
TIMES |
|
|
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,07 |
- OFFICIAL RATE ON 26/11/2012 |
|
US$ 1,00 = R$ 2,33 |
- OFFICIAL RATE ON 31/12/2008 |
|
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 HIGH AND
MAINLY IS COMPRISED BY TRADE AND FINANCIAL DEBTS AND IT IS NOTED NORMAL
CURRENT RATIO AND POSITIVE WORKING CAPITAL AMOUNT AS WELL AS GROWING SALES
AND PROFITABILITY. REMARKS: -------- A REQUEST FOR FURTHER FINANCIAL DATA HAS BEEN SENT TO THE COMPANY.
PROVIDED THE DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY
REPORT WILL BE SEND TO YOUR ATTENTION. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 668.384,01
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 18.000,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 664.002,88
INSURANCE
|
INSURANCE COMPANY: |
INTERAMERICANA CIA DE SEG. GERAIS |
|
COVERAGE: |
FIRE, RAY, EXPLOSION, ETC. |
|
VALUE: |
R$ 637.000,00 |
|
|
|
|
INSURANCE COMPANY: |
BRADESCO SEGUROS S.A. |
|
COVERAGE: |
VEHICLES |
|
VALUE: |
R$ 204.800,00 |
|
|
|
|
INSURANCE COMPANY: |
AGF BRASIL SEGUROS |
|
COVERAGE: |
CIVIL LIABILITY |
|
VALUE: |
R$ 200.000,00 |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO BRADESCO S/A |
0214-3 19 3869-3848 |
VALINHOS/SP |
|
BANCO DO BRASIL S/A |
0811-7 11 4523-4408 |
VALINHOS/SP |
|
HSBC BANK BRASIL S/A |
1134 |
VALINHOS/SP |
|
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 MANUFACTURE OF THERMO-FIXED RESINS,
ISOLATING PRODUCTS, ISOLATING VARNISHES, RESINS, ETC. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
GERMANY, U.S.A. AND
HOLLAND. |
EXPORTS TO:
|
GERMANY, CHILE, ARGENTINA, SOUTH AF AFRICA AND PERU |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
ABB |
|
|
|
ARNO S.A. |
|
11 6915-4157 |
|
AVALEO SISTEMAS AUTOMOTIVES LTDA |
|
|
|
BOSCH |
|
|
|
BRITÂNIA |
|
|
|
MAKITA |
|
|
|
PANASONIC COMP. ELETR. DO BRASIL S.A. |
|
12 331-8344 |
|
PHILIPS |
|
|
|
ROBERT BOSCH LTDA |
|
19 3745-1792 |
|
SIEMENS |
|
|
|
TECUMESEH |
|
|
|
TOSHIBA |
|
|
|
VALEO |
|
|
|
WALITA S.A. |
|
11 5546-2321 |
|
WEG INDÚSTRIAS S/A |
|
47 372-4000 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 52 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1992. SO
FAR IT HAS A CLEAR TRADE HISTORY AND NO PAYMENT PROBLEMS ARE NOTED. 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: |
|
|
|
ADAMAS S/A |
|
|
|
AGRO QUIMICA MARINGA S/A |
|
11 4056-9500 |
|
AVAL IND E COM DE BORRACHAS LTDA |
|
19 3225-6898 |
|
BANDEIRANTE QUIMICA LTDA |
|
|
|
BAYER S/A |
|
11 5694-5073 |
|
BRENNTAG |
|
|
|
CAMPINEIRA PARTICIPAÇŐES LTDA |
|
|
|
CIA METALURGICA PRADA |
|
11 5682-1278 |
|
COMERCIAL ANDORINHA PARAFUSO LTDA |
|
19 3731-7000 |
|
COMERCIAL ANDORINHA PARAFUSOS LTDA |
|
|
|
DUPONT DO BRASIL S.A. |
|
11 4166-8048 |
|
ESTILO QUIMICA DISTR. PRODUTOS QUIMICOS LTDA |
|
11 4156-9500 |
|
FREUDENBERG NĂO TECIDOS LTDA |
|
12 353-4222 |
|
HENKEL LTDA |
|
|
|
HUNSTMAN QUIMICA BRASIUL LTDA |
|
11 5532-7388 |
|
INDACO INDÚSTRIA E COMERCIO LTDA |
|
11 5693-5701 |
|
ITB INDÚSTRIA DE TRANSFORMADORES BIRIGUI LTDA |
|
18 3643-0304 |
|
MAKENI CHEMICALS COM PRODUTOS QUIMICOS |
|
11 4360-6474 |
|
MIRACEMA NUODEX IND. QUMICA LTDA |
|
19 3728-1000 |
|
MRV COMERCIO IMP. LTDA |
|
15 3321-2323 |
|
NORMA ESTRUTURA METAIS LTDA |
|
15 3363-4900 |
|
NORQUIMICA PRODUTOS QUÍMICOS |
|
|
|
REICHHOLD DO BRASIL LTDA |
|
|
|
RESANA LTDA |
|
11 4795-8000 |
|
VANTICO LTDA |
|
11 532-7390 |
|
PAYMENT HISTORY: |
|
4 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 260.289,00 |
|
|
|
AMOUNT OF INVOICES PAID: 46 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 14.375,00 |
|
HIGHEST CREDIT: R$ 14.375,00 |
FINAL OPINION
|
BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR
NORMAL BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON
FULLY SECURED TERMS ONLY DUE TO THE ABSENCE OF UPDATED FINANCIAL DATA. *REQUESTED CREDIT: USD 250.000,00 |
|
RVD MATERIAIS
DIELÉTRICOS LTDA |
|
|
|
BALANCE SHEET
ANALYSIS |
FIGURES ARE IN
REAIS |
|
|
|
31/12/2008 |
|
|
ASSETS |
|
% |
|
Current Assets |
66.93 |
|
|
Fixed Assets |
$ 3,164,933 |
30.38 |
|
TOTAL ASSETS |
$
10,417,016 |
100.00 |
|
LIABILITIES |
|
|
|
Current Liabilities |
$ 5,235,674 |
50.26 |
|
Long-Term Liabilities |
$ 1,934,781 |
18.57 |
|
TOTAL LIABILITIES |
$ 7,170,455 |
68.83 |
|
Deferred Income |
$ - |
0.00 |
|
Net Equity |
$ 3,246,561 |
31.17 |
|
TOTAL LIABILITIES + NET EQUITY |
$
10,417,016 |
100.00 |
|
PROFIT AND LOSS ACCOUNTS |
|
|
|
Net Sales |
$
18,296,136 |
100.00 |
|
Costs |
$
13,498,295 |
73.78 |
|
Gross Profit |
$ 4,797,841 |
26.22 |
|
Operating expenses |
$
(2,098,790) |
-11.47 |
|
operational Result |
$ 2,097,428 |
11.46 |
|
Net Profit (loss) |
$ 1,403,616 |
7.67 |
|
COMPLEMENTARY DATA |
|
|
|
Inventory |
$ 3,663,753 |
|
|
Accounts receivable |
$ 3,113,560 |
|
|
Accounts Payable |
$ 2,214,146 |
|
|
Property, plant and equipment |
$ 3,163,037 |
|
|
Purchases |
$ 3,164,933 |
|
|
Financial Expenses |
$ (601,623) |
|
|
Foreign Currency Assets |
|
|
|
Foreign Currency Liabilities |
|
|
|
Working Capital |
$ 1,736,951 |
|
|
RATIOS: |
|
|
|
QUICK RATIO |
0.63 |
|
|
CURRENT RATIO |
1.33 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
5.88 |
times |
|
DAYS' SALES IN RECEIVABLES |
61.26 |
days |
|
INVENTORY TURNOVER |
3.68 |
times |
|
59.05 |
days |
|
|
RETURN ON ASSETS |
1.76 |
times |
|
SALES TURNOVER ON NET EQUIY |
5.64 |
times |
|
NET WORTH TIE-UP |
0.97 |
|
|
ENDEBTEDNESS |
2.21 |
|
|
EQUITY RATIO |
31.17 |
% |
|
WORKING CAPITAL RATIO |
33.18 |
% |
|
GENERAL SOLVENCY |
1.45 |
|
|
RETURN ON NET EQUITY |
43.23 |
% |
|
RETURN ON SALES (PROFIT
MARGIN) |
7.67 |
% |
|
GROSS PROFIT MARGIN |
26.22 |
% |
|
OPERATIONAL RESULT |
11.46 |
% |
|
SALES TURNOVER ON LIABILITIES |
3.49 |
times |
|
FOREIGN CURRENCY ON ASSETS |
- |
% |
|
FOREIGN CURRENCY ON
LIABILITIES |
- |
% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.20 |
|
UK Pound |
1 |
Rs.88.38 |
|
Euro |
1 |
Rs.71.47 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.