MIRA
INFORM REPORT
|
Report Date : |
18.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
T. ROWE PRICE INTERNATIONAL LTD |
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Registered Office : |
60 Queen Victoria Street London, EC4N 4TZ |
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Country : |
United Kingdom |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
23.03.2000 |
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Com. Reg. No.: |
03957748 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Subject is an investment management firm |
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No. of Employees : |
290 |
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 |
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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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
United Kingdom |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
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 |
UNITED KINGDOM - ECONOMIC OVERVIEW
The UK, a leading trading power and financial center, is the
second largest economy in Europe after Germany. Over the past two decades, the
government has greatly reduced public ownership and contained the growth of
social welfare programs. Agriculture is intensive, highly mechanized, and
efficient by European standards, producing about 60% of food needs with less
than 2% of the labor force. The UK has large coal, natural gas, and oil
resources, but its oil and natural gas reserves are declining and the UK became
a net importer of energy in 2005. Services, particularly banking, insurance,
and business services, account by far for the largest proportion of GDP while
industry continues to decline in importance. After emerging from recession in
1992, Britain''s economy enjoyed the longest period of expansion on record
during which time growth outpaced most of Western Europe. In 2008, however, the
global financial crisis hit the economy particularly hard, due to the
importance of its financial sector. Sharply declining home prices, high
consumer debt, and the global economic slowdown compounded Britain''s economic
problems, pushing the economy into recession in the latter half of 2008 and
prompting the then BROWN (Labour) government to implement a number of measures
to stimulate the economy and stabilize the financial markets; these include
nationalizing parts of the banking system, temporarily cutting taxes,
suspending public sector borrowing rules, and moving forward public spending on
capital projects. Facing burgeoning public deficits and debt levels, in 2010
the CAMERON-led coalition government (between Conservatives and Liberal
Democrats) initiated a five-year austerity program, which aimed to lower
London''s budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In
November 2011, Chancellor of the Exchequer George OSBORNE announced additional
austerity measures through 2017 because of slower-than-expected economic growth
and the impact of the euro-zone debt crisis. The CAMERON government raised the
value added tax from 17.5% to 20% in 2011. It has pledged to reduce the
corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an
asset purchase program of up to £375 billion (approximately $605 billion) as of
December 2012. During times of economic crisis, the BoE coordinates interest
rate moves with the European Central Bank, but Britain remains outside the
European Economic and Monetary Union (EMU). In 2012, weak consumer spending and
subdued business investment weighed on the economy. GDP fell 0.1%, and the
budget deficit remained stubbornly high at 7.7% of GDP. Public debt continued
to increase.
|
Source
: CIA |
Company name and address
T. ROWE PRICE INTERNATIONAL LTD
|
60 Queen Victoria Street London, EC4N 4TZ United Kingdom (Trading Address)
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Business Description
T. Rowe Price Global Investment Services Ltd. is an
investment management firm. It provides investment management guidance to
individuals and institutions throughout the world. The firm provides a broad
range of separate account management and sub-advisory services, and mutual
funds for institutional and individual investors, retirement plans and
financial intermediaries. It also offers a variety of investment planning and
guidance tools for brokerage, tax, retirement and education planning. In
addition, the firm’s products include variable annuities, rollover accounts
and online banking services. (Updated by OneSource Information Services)
Industry
|
Industry |
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ANZSIC 2006: |
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NACE 2002: |
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NAICS 2002: |
523 -
Securities, Commodity Contracts, & Other Financial Invest. & Related
Activities |
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UK SIC 2003: |
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UK SIC 2007: |
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US SIC 1987: |
Key Executives
|
Name |
Title |
|
Robert Ruppert |
Managing Director |
|
David Oestreicher |
Secretary |
|
Director |
|
|
Director |
|
|
Robert Charles Trant Higginbotham |
Director |
News
|
Title |
Date |
|
China
grants 5 licences to overseas investors in May |
17-Jun-2013 |
|
Top 5
International Bond Mutual Funds Zacks |
7-Jun-2013 |
|
TABLE-China
grants $681 mln in new foreign investment quotas in ... |
3-Jun-2013 |
|
TABLE-China
grants $681 mln in new foreign investment quotas in May |
3-Jun-2013 |
|
Movers
& shakers: May 23, 2013 |
23-May-2013 |
|
T. Rowe
Price brings in veteran to head up international fixed income |
22-May-2013 |
Financial Summary
|
FYE: 31-Dec-2011 |
USD (mil) |
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Registered No.(UK): 03957748
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate:
USD 1 = USD 1
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ANZSIC
2006 Codes: |
||
|
6411 |
- |
Financial Asset Broking
Services |
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NACE
2002 Codes: |
||
|
6712 |
- |
Security broking and fund
management |
|
NAICS
2002 Codes: |
||
|
523 |
- |
Securities, Commodity
Contracts, & Other Financial Invest. & Related Activities |
|
US
SIC 1987: |
||
|
6211 |
- |
Security Brokers, Dealers,
and Flotation Companies |
|
UK
SIC 2003: |
||
|
6712 |
- |
Security broking and fund
management |
|
UK
SIC 2007: |
||
|
6612 |
- |
Security and commodity
contracts brokerage |
T. Rowe Price Global
Investment Services Ltd. is an investment management firm. It provides
investment management guidance to individuals and institutions throughout the
world. The firm provides a broad range of separate account management and
sub-advisory services, and mutual funds for institutional and individual
investors, retirement plans and financial intermediaries. It also offers a
variety of investment planning and guidance tools for brokerage, tax,
retirement and education planning. In addition, the firm’s products include
variable annuities, rollover accounts and online banking services. (Updated by
OneSource Information Services)
More
Business Descriptions
Investment Management
Services
Investment management
Investment Companies and
Vehicles
|
|
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Auditor: |
KPMG Audit PLC |
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Auditor: |
KPMG Audit PLC |
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Auditor History |
|
|
KPMG Audit PLC |
31-Dec-2011 |
|
KPMG Audit PLC |
31-Dec-2010 |
|
KPMG Audit PLC |
31-Dec-2009 |
|
KPMG Audit PLC |
31-Dec-2008 |
|
KPMG Audit PLC |
31-Dec-2007 |
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|
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|
USD(mil) |
|
Audit Fees: |
0.4 |
|
Non Audit Fees: |
0.2 |
|
Audit Fiscal Year: |
12-31-2011 |
Corporate
Family
Corporate Structure News:
T. Rowe Price International
Ltd
Total Corporate Family Members: 23
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Baltimore, MD |
United States |
Investment Services |
3,022.5 |
5,408 |
|
|
Subsidiary |
Baltimore, MD |
United States |
Miscellaneous Financial Services |
|
4,000 |
|
|
Branch |
Colorado Springs, CO |
United States |
Miscellaneous Financial Services |
5.6 |
670 |
|
|
Branch |
Tampa, FL |
United States |
Miscellaneous Financial Services |
371.2 |
400 |
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
383.6 |
290 |
|
|
Subsidiary |
Baltimore, MD |
United States |
Investment Services |
|
100 |
|
|
Branch |
Baltimore, MD |
United States |
Miscellaneous Financial Services |
7.4 |
8 |
|
|
Branch |
Wellesley, MA |
United States |
Miscellaneous Financial Services |
5.6 |
6 |
|
|
Branch |
Mc Lean, VA |
United States |
Miscellaneous Financial Services |
5.6 |
6 |
|
|
Branch |
Washington, DC |
United States |
Miscellaneous Financial Services |
5.6 |
5 |
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|
Branch |
Oak Brook, IL |
United States |
Miscellaneous Financial Services |
4.6 |
5 |
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Branch |
Los Angeles, CA |
United States |
Miscellaneous Financial Services |
4.6 |
5 |
|
|
Branch |
Short Hills, NJ |
United States |
Miscellaneous Financial Services |
3.7 |
4 |
|
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Branch |
Northbrook, IL |
United States |
Miscellaneous Financial Services |
3.7 |
4 |
|
|
Branch |
Boca Raton, FL |
United States |
Miscellaneous Financial Services |
3.7 |
4 |
|
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Subsidiary |
Baltimore, MD |
United States |
Investment Services |
2.9 |
4 |
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Subsidiary |
Owings Mills, MD |
United States |
Investment Services |
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Subsidiary |
Walnut Creek, CA |
United States |
Miscellaneous Financial Services |
|
7 |
|
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Subsidiary |
Baltimore, MD |
United States |
Miscellaneous Financial Services |
|
6 |
|
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Subsidiary |
Baltimore, MD |
United States |
Miscellaneous Financial Services |
|
6 |
|
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Subsidiary |
Baltimore, MD |
United States |
Miscellaneous Financial Services |
|
6 |
|
|
Subsidiary |
Baltimore, MD |
United States |
Investment Services |
|
6 |
|
|
Subsidiary |
Baltimore, MD |
United States |
Miscellaneous Financial Services |
128.3 |
|
Executives Report
Board of Directors
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Director |
Director/Board Member |
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Director |
Director/Board Member |
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Director |
Director/Board Member |
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Director |
Director/Board Member |
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Executives
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Managing Director |
Managing Director |
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Secretary |
Company Secretary |
Directors and Shareholders Report
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Main Office Address: |
Tel: 02076518200 |
Annual Return Date: 23
Mar 2013 |
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Individual Directors |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
NA |
7712 Ruxwood Road, |
06 Dec 2005 |
NA |
Current:2 |
|
|
|
Current |
16 Aug 1956 |
60 Queen Victoria Street, London, |
14 Jun 2011 |
NA |
Current:1 |
|
|
|
Current |
10 Sep 1967 |
60 Queen Victoria Street, London, |
01 Oct 2012 |
NA |
Current:2 |
|
|
|
Current |
29 Mar 1962 |
Old Enton Water Lane, |
30 Jun 2010 |
NA |
Current:2 |
|
|
|
Previous |
17 Aug 1953 |
13751 Falls Road, |
04 Aug 2004 |
05 Jun 2011 |
Current:1 |
|
|
|
Previous |
22 Apr 1944 |
1301 Western Run Road, |
23 Mar 2000 |
30 Apr 2004 |
Current:0 |
|
|
|
Previous |
08 Apr 1954 |
10225 Bristol Channel, Ellicott City, |
23 Mar 2000 |
23 Oct 2000 |
Current:0 |
|
|
|
Previous |
07 May 1956 |
3127 Golf Course Road West, Owings Mills, |
23 Mar 2000 |
30 Apr 2012 |
Current:3 |
|
|
|
Previous |
25 Jun 1943 |
1330 Western Run Road, |
12 Jan 2001 |
31 Dec 2005 |
Current:0 |
|
|
|
Previous |
NA |
56 Gloucester Avenue, |
06 Jan 2003 |
31 Mar 2009 |
Current:0 |
|
|
|
Previous |
16 Feb 1943 |
Hocker Edge, Friezley Lane, |
12 Jan 2001 |
31 Dec 2002 |
Current:0 |
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Corporate Directors |
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There are no corporate directors for this company. |
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Individual Secretaries |
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|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
NA |
60 Queen Victoria Street, London, |
01 Oct 2012 |
NA |
Current:1 |
|
|
|
Previous |
NA |
Little Tilden, Ulcombe Road, Headcorn, |
23 Mar 2000 |
20 Mar 2001 |
Current:2 |
|
|
|
Previous |
28 Jul 1947 |
9802 Magledt Road, |
18 Dec 2008 |
01 Oct 2012 |
Current:1 |
|
|
|
Previous |
NA |
55 Sheen Park, |
02 Dec 2008 |
02 Dec 2008 |
Current:0 |
|
|
|
Previous |
23 Mar 1947 |
25 Bank Street, Canary Wharf, |
20 Mar 2001 |
17 Dec 2008 |
Current:1 |
|
|
|
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|
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Corporate Secretaries |
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There are no corporate secretaries for this company. |
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Individual Shareholders |
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|
Name |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
|
T Rowe Price Associates, Inc |
172000000 Ordinary USD 1.00 |
Ordinary |
172,000,000 |
0.66 |
113,419,057.04 |
100.00 |
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Corporate Shareholders |
|
|
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There are no corporate shareholders for this company. |
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News
Annual
Profit & Loss
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
No |
|
|
|
|
|
|
|
|
Total Turnover |
383.6 |
183.5 |
125.2 |
126.4 |
93.1 |
|
Total Expenses |
292.5 |
144.7 |
101.8 |
103.0 |
82.9 |
|
Depreciation |
3.2 |
0.5 |
0.4 |
0.3 |
0.3 |
|
Operating Profit |
91.1 |
38.9 |
23.3 |
23.4 |
10.2 |
|
Other Income |
7.0 |
6.8 |
1.0 |
0.9 |
1.5 |
|
Interest Paid |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Exceptional Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
98.1 |
45.7 |
24.3 |
24.4 |
11.7 |
|
Tax Payable / Credit |
27.5 |
11.0 |
7.6 |
7.0 |
1.3 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit After Taxes |
70.6 |
34.7 |
16.8 |
17.4 |
10.4 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.4 |
0.2 |
0.0 |
0.1 |
0.1 |
|
Non Audit Fees |
0.2 |
0.2 |
0.2 |
0.2 |
0.1 |
|
Number of Employees |
290 |
84 |
- |
73 |
71 |
|
Social Security Costs |
- |
- |
1.1 |
0.8 |
1.3 |
|
Pensions |
- |
- |
1.1 |
1.2 |
- |
|
Other Pension Costs |
- |
- |
30.3 |
26.4 |
27.0 |
|
Employees Remuneration |
148.8 |
38.1 |
31.5 |
27.2 |
28.3 |
|
Other Costs |
- |
- |
30.3 |
26.0 |
- |
|
Directors Remuneration |
- |
- |
31.5 |
27.2 |
- |
Annual
Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
1 |
1 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
19.2 |
8.2 |
0.7 |
0.1 |
0.2 |
|
Fixtures & Fittings |
7.7 |
3.5 |
0.8 |
0.4 |
0.3 |
|
Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Tangible Fixed Assets |
27.0 |
11.7 |
1.4 |
0.5 |
0.5 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
126.7 |
150.9 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
153.7 |
162.6 |
1.4 |
0.5 |
0.5 |
|
Stocks |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Inter-Company Debtors |
0.6 |
0.0 |
0.0 |
4.5 |
0.0 |
|
Director Loans |
- |
- |
0.0 |
0.0 |
0.0 |
|
Other Debtors |
79.3 |
70.1 |
42.6 |
24.3 |
33.4 |
|
Total Debtors |
79.9 |
70.1 |
42.6 |
28.9 |
33.4 |
|
Cash and Equivalents |
128.9 |
106.6 |
62.7 |
45.8 |
23.2 |
|
Other Current Assets |
0.0 |
0.0 |
0.9 |
0.0 |
2.3 |
|
Total Current Assets |
208.8 |
176.6 |
106.1 |
74.7 |
58.8 |
|
Total Assets |
362.4 |
339.3 |
107.5 |
75.2 |
59.3 |
|
Trade Creditors |
3.6 |
5.7 |
0.5 |
0.6 |
0.0 |
|
Bank Overdraft |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Inter-Company Creditors |
0.0 |
29.0 |
6.0 |
0.0 |
3.7 |
|
Director Loans (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Finance Lease (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Finance Lease/Hire Purchase (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Short Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
7.6 |
|
Social Security/VAT |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Corporation Tax |
9.9 |
20.9 |
5.1 |
1.7 |
0.0 |
|
Dividends (Current Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Current Liabilities |
7.5 |
24.4 |
4.0 |
3.1 |
0.0 |
|
Total Current Liabilities |
21.0 |
80.0 |
15.6 |
5.4 |
11.3 |
|
Group Loans (Long Term Liability) |
- |
- |
0.0 |
0.0 |
- |
|
Director Loans (Long Term Liability) |
- |
- |
0.0 |
0.0 |
- |
|
Hire Purchase (Long Term Liability) |
- |
- |
0.0 |
0.0 |
- |
|
Leasing (Long Term Liability) |
- |
- |
0.0 |
0.0 |
- |
|
Total Hire Purchase Loans (Long Term Liability) |
- |
- |
0.0 |
0.0 |
- |
|
Other Long Term Loans |
- |
- |
0.0 |
0.0 |
- |
|
Accruals/Deferred Income (Long Term Liability) |
- |
- |
0.5 |
0.1 |
- |
|
Other Long Term Liabilities |
12.0 |
0.6 |
0.0 |
0.0 |
0.7 |
|
Total Long Term Liabilities |
12.0 |
0.6 |
0.5 |
0.1 |
0.7 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Issued Capital |
172.0 |
172.0 |
47.0 |
47.0 |
47.0 |
|
Share Premium Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Revaluation Reserve |
-15.4 |
3.8 |
0.0 |
0.0 |
0.7 |
|
Retained Earnings |
133.9 |
63.3 |
28.7 |
11.9 |
-8.2 |
|
Other Reserves |
38.8 |
19.5 |
15.8 |
10.8 |
7.9 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
329.4 |
258.7 |
91.4 |
69.7 |
47.4 |
|
Net Worth |
329.4 |
258.7 |
91.4 |
69.7 |
47.4 |
Annual
Cash Flows
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
No |
Annual
Ratios
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
1 |
1 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
No |
|
|
|
|
|
|
|
|
Current Ratio |
9.93 |
2.21 |
6.79 |
13.80 |
5.22 |
|
Liquidity Ratio |
9.93 |
2.21 |
6.79 |
13.80 |
5.22 |
|
Working Capital by Sales |
48.94% |
52.65% |
72.26% |
54.79% |
51.10% |
|
Return on Capital |
28.74% |
17.63% |
26.47% |
34.96% |
24.34% |
|
Return on Assets |
27.07% |
13.47% |
22.62% |
32.44% |
19.72% |
|
Profit Margin |
25.58% |
24.90% |
19.43% |
19.29% |
12.57% |
|
Return on Shareholders Funds |
29.79% |
17.67% |
26.60% |
34.99% |
24.71% |
|
Borrowing Ratio |
- |
11.20% |
6.55% |
- |
7.79% |
|
Equity Gearing |
90.88% |
76.24% |
85.04% |
92.70% |
79.80% |
|
Sales by Tangible Assets |
14.22 |
15.65 |
86.63 |
250.87 |
189.22 |
|
Average Remuneration per Employee |
0.5 |
0.5 |
- |
0.4 |
0.4 |
|
Profit per Employee |
0.3 |
0.5 |
- |
0.3 |
0.2 |
|
Sales per Employee |
1.3 |
2.2 |
- |
1.7 |
1.3 |
|
Capital Employed per Employee |
1.2 |
3.1 |
- |
1.0 |
0.7 |
|
Tangible Assets per Employee |
0.1 |
0.1 |
- |
0.0 |
0.0 |
|
Total Assets per Employee |
1.2 |
4.0 |
- |
1.0 |
0.8 |
|
Employee Remuneration by Sales |
38.80% |
20.78% |
25.13% |
21.50% |
30.42% |
|
Creditor Days (Cost of Sales Based) |
3.38 |
11.33 |
1.45 |
1.65 |
- |
|
Creditor Days (Sales Based) |
3.38 |
11.33 |
1.45 |
1.65 |
- |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.57.73 |
|
|
1 |
Rs.90.61 |
|
Euro |
1 |
Rs.76.96 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.