|
Report Date : |
23.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
ETILUX
INDÚSTRIA E COMÉRCIO LTDA |
|
|
|
|
Registered Office : |
Avenida Amadeu Poli, 940 - Parque Novo Mundo, 02188-020 - São
Paulo/Sp |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
01.06.1982 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Engaged in the Wholesale of Tools and Hardware. |
|
|
|
|
No. of Employees : |
400 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
Payment Behaviour : |
Regular |
|
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 |
ETILUX INDÚSTRIA E COMÉRCIO LTDA
ADDRESSES:
|
MAIN
ADDRESS: |
AVENIDA AMADEU POLI, 940 - PARQUE NOVO MUNDO |
|
ZIP CODE/CITY: |
02188-020 - SÃO PAULO/SP |
|
|
|
|
PHONE: |
11 2955-1800 |
|
FAX: |
11 2955-1804 |
|
E-MAIL: |
|
|
WEB SITE: |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA ESTRELA D’OESTE,701 GALPÕES COMERCIAIS 4, 5, 6 E 7 -
VILA BARROS |
|
ZIP CODE/CITY: |
07140-030 GUARULHOS/SP |
|
CNPJ: |
50.306.471/0005-24 |
|
|
|
|
ADDRESS: |
RUA COMENDADOR ALCIDES SIMÃO HELOU, |
|
ZIP CODE/CITY: |
29168-090 SERRA/ES |
|
CNPJ: |
50.306.471/0006-05 |
|
|
|
|
ADDRESS: |
RUA COMENDADOR ALCIDES SIMÃO HELOU, 715 CIVIT II |
|
ZIP CODE/CITY: |
29168-090 SERRA/ES |
|
CNPJ: |
50.306.471/0007-96 |
|
|
|
|
ADDRESS: |
RUA BENJAMIN GERLACH, 299 - SALA 01 FAZENDA SANTO ANTONIO |
|
ZIP CODE/CITY: |
88104-400 SÃO JOSÉ/SC |
|
CNPJ: |
50.306.471/0008-77 |
|
|
|
|
ADDRESS: |
AVENIDA PIO XII, 867 - LOJA 04 - ÁGUA BRANCA |
|
ZIP CODE/CITY: |
32371-160 CONTAGEM/MG |
|
CNPJ: |
50.306.471/0009-58 |
|
MAIN
ACTIVITIES: |
|
WHOLESALE OF TOOLS AND HARDWARE. |
|
LEGAL
FORM: |
LIMITED LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
01/06/1982 |
|
REGISTER DATE: |
08/06/1982 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
50.306.471/0001-09 |
|
STATE REGISTER: |
110.638.009.114 |
|
|
|
|
SHARE CAPITAL: |
R$
3.000.000,00 |
|
BOARD
OF DIRECTORS: |
|
|
|
|
|
DAVID DAYAN |
COMMERCIAL DIRECTOR |
|
SIAHOU HAIM DAYAN |
FINANCIAL DIRECTOR |
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE
COMPANY. |
|
SHAREHOLDERS
/ PARTNERS: |
|
|
|
|
|
DAVID DAYAN |
50% |
|
SIAHOU HAIM DAYAN |
50% |
|
AFFILIATES
/ SUBSIDIARIES: |
|
|
|
|
|
DALYAN ADMINISTRACAO DE BENS E PARTICIPACOES LTDA |
|
|
THE SUBJECT WAS ESTABLISHED ON JUNE 01, 1982 TO BE ENGAGED
IN THE SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE
GENERAL SCENE REPORTED HEREIN. PARTNERS: DAVID DAYAN: BRAZILIAN, MARRIED, TRADER, HOLDER OF DOCUMENTS
CPF 132.015.868-46, RG 13.256.307-1 SSP/SP, RESIDENTIAL ADDRESS AT RUA BAHIA,
753, 10º ANDAR, APTO. 101, HIGIENÓPOLIS, ZIP CODE 01244-001, SÃO PAULO/SP; SIAHOU HAIM DAYAN: BORN IN SYRIA AND NATURALIZED
BRAZILIAN, MARRIED, TRADER, HOLDER OF DOCUMENTS CPF 105.375.468-04, RG
2.728.722-1 SSP/SP, RESIDENTIAL ADDRESS AT RUA DR. GABRIEL DOS SANTOS, 423,
22º ANDAR, APTO. 221, SANTA CECÍLIA, ZIP CODE 01231-011, SÃO PAULO/SP. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT
KNOWN. |
|
PUBLIC
INFORMATION: |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
1 |
FEDERAL LAWSUIT |
28/09/09 |
6ª VARA DE SP-FEDERAL |
|
GENERAL BALANCE SHEETS AS OF 31/12/2011, 31/12/2010 AND
31/12/2009. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS
|
|
|
|
|
CURRENT: |
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
CASH |
11.589,30 |
46.036,56 |
28.596,83 |
|
BANKS |
2.545.665,64 |
1.476.897,14 |
1.601.505,60 |
|
INVESTMENTS |
|
|
205.490,30 |
|
CLIENTS |
70.575.045,29 |
54.503.765,89 |
21.202.795,60 |
|
INVENTORY |
31.091.921,27 |
29.512.069,65 |
46.986.882,94 |
|
ADVANCES |
12.092.244,65 |
18.176.061,19 |
8.860.457,53 |
|
RECOVERABLE TAXES |
10.390.703,68 |
10.059.278,15 |
10.082.610,30 |
|
CURRENT ACCOUNTS |
4.998.445,30 |
3.228.689,44 |
1.965.387,22 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
131.705.615,13 |
117.002.798,02 |
90.933.726,32 |
|
FIXED
ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
|
|
59.261,09 |
|
FIXED ASSETS |
2.506.342,24 |
2.448.024,73 |
1.357.849,68 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
2.506.342,24 |
2.448.024,73 |
1.417.110,77 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
134.211.957,37 |
119.450.822,75 |
92.350.837,09 |
|
LIABILITIES: |
|
|
|
|
CURRENT:
|
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
SUPPLIERS |
24.364.832,99 |
23.468.875,30 |
27.030.724,52 |
|
FINANCING |
69.524.417,38 |
52.409.236,94 |
18.530.074,51 |
|
TRIBUTARY OBLIGATIONS |
2.852.910,18 |
3.430.825,62 |
5.289.662,29 |
|
SOCIAL / LABOR OBLIGATIONS |
348.458,48 |
276.361,93 |
199.621,61 |
|
INCOME TAX/SOCIAL CONTRIBUTION |
|
1.460.349,44 |
|
|
ACCOUNTS PAYABLE |
3.804.127,48 |
6.671.126,86 |
3.678.179,64 |
|
CURRENT ACCOUNTS |
1.575.000,00 |
975.000,00 |
975.000,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
102.469.746,51 |
88.691.776,09 |
55.703.262,57 |
|
LONG
TERM LIABILITIES: |
|
|
|
|
|
|
|
|
|
FINANCING |
|
8.379.395,18 |
21.756.041,08 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
|
8.379.395,18 |
21.756.041,08 |
|
NET
EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
3.000.000,00 |
3.000.000,00 |
3.000.000,00 |
|
CAPITAL RESERVES |
320.420,11 |
320.420,11 |
320.420,11 |
|
ACCRUED PROFIT (LOSS) |
28.421.790,75 |
19.059.231,37 |
11.571.113,33 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
31.742.210,86 |
22.379.651,48 |
14.891.533,44 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
134.211.957,37 |
119.450.822,75 |
92.350.837,09 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2011, 31/12/2010 AND
31/12/2009. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
GROSS SALES |
352.092.121,95 |
321.558.746,29 |
236.727.213,50 |
|
(-) TAXES ON SALES |
98.435.947,97 |
88.456.003,42 |
68.477.819,93 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
253.656.173,98 |
233.102.742,87 |
168.249.393,57 |
|
(-) COST OF SOLD GOODS |
125.114.526,85 |
135.803.612,38 |
114.541.365,51 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
128.541.647,13 |
97.299.130,49 |
53.708.028,06 |
|
OPERATING REVENUE (EXPENSE) |
-99.104.683,19 |
-74.201.193,64 |
-40.850.621,17 |
|
FINANCIAL REVENUE(EXPENSE) |
-12.431.754,62 |
-7.352.759,76 |
-5.266.974,08 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
17.005.209,32 |
15.745.177,09 |
7.590.432,81 |
|
NON-OPERATING RESULT |
|
-148.128,06 |
-23.011,64 |
|
CONTRIBUTION/INCOME TAX |
-6.092.649,94 |
-5.590.130,09 |
-2.721.920,05 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
10.912.559,38 |
10.006.918,94 |
4.845.501,12 |
|
MONTHLY
SALES |
|||
|
|
2012 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$
25.395.078,06 |
|
|
|
FEBRUARY |
R$
22.929.292,68 |
|
|
|
MARCH |
R$
29.238.417,97 |
|
|
|
APRIL |
R$
28.883.341,89 |
|
|
|
MAY |
R$
29.306.937,50 |
|
|
|
JUNE |
R$
26.005.987,60 |
|
|
|
JULY |
R$
32.319.023,25 |
|
|
|
AUGUST |
R$
32.884.714,40 |
|
|
|
SEPTEMBER |
R$ 31.790.481,06 |
|
|
|
OCTOBER |
R$
41.043.570,84 |
|
|
|
NOVEMBER |
R$
37.493.007,23 |
|
|
|
DECEMBER |
R$
39.477.137,15 |
|
|
|
TOTAL |
R$
376.766.989,63 |
|
|
|
RATIOS: |
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
QUICK RATIO |
,98 |
|
,99 |
|
,79 |
|
|
CURRENT RATIO |
1,29 |
|
1,32 |
|
1,63 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
3,59 |
TIMES |
4,28 |
TIMES |
7,94 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
100,16 |
DAYS |
84,17 |
DAYS |
45,37 |
DAYS |
|
INVENTORY TURNOVER |
4,02 |
TIMES |
4,60 |
TIMES |
2,44 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
70,11 |
DAYS |
62,21 |
DAYS |
84,96 |
DAYS |
|
RETURN ON ASSETS |
1,89 |
TIMES |
1,95 |
TIMES |
1,82 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
7,99 |
TIMES |
10,42 |
TIMES |
11,30 |
TIMES |
|
NET WORTH TIE-UP |
,08 |
|
,11 |
|
,09 |
|
|
INDEBTEDNESS |
3,23 |
|
4,34 |
|
5,20 |
|
|
EQUITY RATIO |
23,65 |
% |
18,74 |
% |
16,13 |
% |
|
WORKING CAPITAL RATIO |
28,53 |
% |
31,92 |
% |
63,25 |
% |
|
GENERAL SOLVENCY |
1,31 |
|
1,23 |
|
1,19 |
|
|
RETURN ON NET EQUITY |
34,38 |
% |
44,71 |
% |
32,54 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
4,30 |
% |
4,29 |
% |
2,88 |
% |
|
GROSS PROFIT MARGIN |
50,68 |
% |
41,74 |
% |
31,92 |
% |
|
OPERATIONAL RESULT |
6,70 |
% |
6,75 |
% |
4,51 |
% |
|
SALES TURNOVER ON LIABILITIES |
2,48 |
TIMES |
2,63 |
TIMES |
3,02 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE
RATE: |
|
|
US$ 1,00 = R$ 1,98 |
- OFFICIAL RATE ON
18/03/2013 |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE ON
31/12/2011 |
|
US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON
31/12/2010 |
|
US$ 1,00 = R$ 1,74 |
- OFFICIAL RATE ON
31/12/2009 |
|
COMMENTS
ON THE FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE ANNUAL FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL
STANDING. DESPITE THE HIGH LEVEL OF INDEBTEDNESS, THE COMPANY SHOWS GOOD
CURRENT RATIO AND POSITIVE WORKING CAPITAL, CONSIDERED SUFFICIENT TO COVER
THE SHORT TERM DEBTS. IT ALSO SHOWS HIGH AND GROWING SALES VOLUME, AS WELL AS
POSITIVE RESULT. REMARKS: THE BALANCE SHEET FOR 2012 IS NOT READY YET. |
|
REAL
ESTATE: |
OWNED PREMISES ARE
VALUED AT R$ 1.299.320,14
|
VEHICLES: |
OWNED VEHICLES ARE
VALUED AT R$ 635.920,67
|
MACHINES: |
OWNED MACHINES AND
EQUIPMENTS ARE VALUED AT R$ 529.934,12
|
INSURANCE COMPANY: |
ROYAL & SUN ALLIANCE SEG BRASIL |
|
COVERAGE: |
FIRE / WINDSTORM / HAIL / SMOKE |
|
VALUE: |
R$ 25.000.000,00 |
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO DO BRASIL S/A |
3222-0 / 11 2447-1455 |
GUARULHOS/SP |
|
BANCO BRADESCO S/A |
3397-9 / 11 2423-6900 |
GUARULHOS/SP |
|
BANCO ITAÚ S/A |
0728 / 11 2942-5452 |
SÃO PAULO/SP |
|
BANCO SAFRA S/A |
MATRIZ / 11 3293-7108 |
SÃO PAULO/SP |
|
BANCO DO BRASIL S/A |
1194-0 / 11 3228-9044 |
SÃO PAULO/SP |
|
BANCO SAFRA S/A |
FARIA LIMA / 11 3035-2209 |
SÃO PAULO/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"). |
|
SUBJECT IS ENGAGED IN THE WHOLESALE OF TOOLS AND HARDWARE. |
|
IMPORT
AND EXPORT: |
IMPORTS
FROM:
|
NOT AVAILABLE. |
EXPORTS TO:
|
NOT AVAILABLE. |
|
MAIN
CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
PHONE: |
|
ARCOM S/A |
UBERLÂNDIA/MG |
34 3218-4000 |
|
CASA DO LOJISTA ATACADO DE MATS DE CONSTRUÇÃO LTDA |
SÃO PAULO/SP |
11 2193-7100 |
|
COMERCIAL DE FERRAMENTAS TERUYA LTDA |
SÃO PAULO/SP |
11 2721-7333 |
|
M. N. TERUYA COMERCIAL DE FERRAMENTAS LTDA |
SÃO PAULO/SP |
11 6783-1500 |
|
MARTINS COMÉRCIO E SERVIÇOS DE DISTRIBUIÇÃO S/A |
UBERLÂNDIA/MG |
34 3218-1080 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 400 EMPLOYEE(S) |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE
1982. SO FAR IT HAS A CLEAR TRADE HISTORY AND NO PAYMENT PROBLEMS ARE NOTED. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL 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. THE LAWSUIT REPORTED IS NOT RELATED WITH TRADE DEBT. IT IS
RELATED TO TAX DEBT THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID.
NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUIT DOES NOT AFFECT THE COMPANY'S
TRADE REPUTATION. |
|
MAIN
SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
CITY: |
PHONE: |
|
ADELBRAS IND E COMERCIO DE ADESIVOS LTDA |
|
|
|
BASTON DO BRASIL PRODUTOS QUIMICOS LTDA ME |
|
|
|
CDK INDÚSTRIA PLASTICO MECANICA LTDA |
|
|
|
COPAG DA AMAZONIA S/A |
|
|
|
DISTRIBUIDORA ZANGIROLAMI LTDA |
|
|
|
FAMASTIL TAURUS FERRAMENTAS S/A |
|
|
|
GIMBA SUPRIMENTOS DE ESCRITORIO E INFORMATICA LTDA |
|
|
|
LABORATÓRIO AVAMILLER DE COSMÉTICOS LTDA |
GUARULHOS/SP |
11 2487-2700 |
|
M.M. RAFAINI ARTEFATOS DE MADEIRA ME |
SÃO CAETANO DO SUL/SP |
11 4227-1335 |
|
MALTA INDUSTRIA DE UTILIDADES DOMESTICAS LTDA |
|
|
|
MICHEL MERHEJE & CIA LTDA |
|
|
|
MUNDIAL S/A PRODUTOS DE CONSUMO |
GRAVATAÍ/RS |
51 3358-8000 |
|
OPUS COSMÉTICOS DO BRASIL LTDA |
SÃO PAULO/SP |
11 3421-1266 |
|
SPP AGAPRINT INDUSTRIAL COMERCIAL LTDA |
|
|
|
TRAMONTINA SÃO PAULO LTDA |
|
|
|
TRANSPORTADORA COMETA S/A |
|
|
|
ZIVI S/A CUTELARIA |
|
|
|
PAYMENT
HISTORY: |
|
07 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL
AMOUNT: R$ 798.508,00 |
|
|
|
AMOUNT OF INVOICES PAID: 117 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 58.032,00 |
|
HIGHEST CREDIT: R$ 58.032,00 |
|
|
|
OUTSTANDING
INVOICES DUE WITHIN THE NEXT 30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE WITHIN 30 DAYS |
1 |
10 |
R$
33.998,43 |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR
SEVERAL YEARS. UP TO DATE IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT
BEHAVIOR. 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. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.33 |
|
|
1 |
Rs.82.55 |
|
Euro |
1 |
Rs.70.10 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.