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Report No. : |
342827 |
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Report Date : |
01.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
EXCEL PRODUTOS ELETRONICOS LTDA |
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Registered Office : |
Rua Jaboatao, 580 592 - Casa Verde, 02.516-010 - Sao Paulo/SP |
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Country : |
Brazil |
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Date of Incorporation : |
17.09.1990 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture of Electronic Equipment. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural,
mining, manufacturing, and service sectors, and a rapidly expanding middle
class, 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. Since 2008, Brazil became a net
external creditor and all three of the major 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. After reaching historic lows of 4.5% in early 2014, the unemployment
rate remains low, but is rising. Brazil's traditionally high level of income
inequality has declined for each of the last 15 years. GDP growth has slowed
since 2011, due to several factors, including: overdependence on exports of raw
commodities, low productivity, high operational costs, persistently high
inflation, and low levels of investment. Brazil’s fiscal and current account
balances have eroded during the past four years as the government attempted to
boost economic growth through targeted tax cuts for industry and incentives to
spur household consumption. After winning re-election in October 2014 by a
historically narrow margin, President Dilma ROUSSEFF appointed a new economic
team led by Finance Minister Joaquim LEVY, who introduced a fiscal austerity
package intended to restore the primary account surplus to 1.2% of GDP and
preserve the country’s investment-grade sovereign credit rating. Brazil seeks
to strengthen its workforce and its economy over the long run by imposing local
content and technology transfer requirements on foreign businesses, by
investing in education through social programs such as Bolsa Familia and the
Brazil Science Mobility Program, and by investing in research in the areas of
space, nanotechnology, healthcare, and energy.
|
Source
: CIA |
EXCEL PRODUTOS
ELETRONICOS LTDA
|
MAIN ADDRESS: |
RUA JABOATAO, 580 592 - CASA VERDE |
|
ZIP CODE/CITY: |
02.516-010 - SAO PAULO/SP |
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PHONE: |
11 3858-7724 |
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FAX: |
11 3858-7724 |
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E-MAIL: |
financeiro@excelbr.com.br |
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WEB SITE: |
www.excelbr.com.br |
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BRANCHES: |
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ADDRESS: |
RUA PADRE GUILHERME POMPEU, 1 - CENTRO |
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ZIP CODE/CITY: |
05601-055 SANTANA DE PARNAIBA/SP |
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MAIN ACTIVITIES: |
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MANUFACTURE OF ELECTRONIC EQUIPMENT. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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INCORPORATION DATE: |
17/09/1990 |
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REGISTER DATE: |
17/09/1990 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
64.579.782/0001-48 |
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STATE REGISTER: |
113.037.682.110 |
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SHARE CAPITAL: |
R$ 60.000,00 |
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LAST REGISTER OF CAPITAL: |
18/09/2003 |
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BOARD OF
DIRECTORS: |
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IVAIR REIS NEVES ABREU |
MANAGING PARTNER |
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LUIZ RICARDO LEME BRITTO |
MANAGER |
|
ANTONIO AUGUSTO FRANCO FERREIRA |
MANAGER |
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THE MANAGING PARTNER IS AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
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SHAREHOLDERS /
PARTNERS: |
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|
|
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IVAIR REIS NEVES ABREU |
R$ 4.200,00 |
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SANTA CAMELIA PATRIMONIAL E PARTICIPAÇÕES LTDA |
R$ 27.900,00 |
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TULIPA PATRIMONIAL E PARTICIPAÇÕES LTDA |
R$ 27.900,00 |
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AFFILIATES /
SUBSIDIARIES: |
|
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A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR PARTNERS
HAS/HAVE THE FOLLOWING UNCONFIRMED HOLDINGS: |
|
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ILLUMINA BRASIL PRODUTOS DE
BIOTECNOLOGIA LTDA |
|
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DINOSAUR SECUTIES DO BRASIL
LTDA |
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B C F PRODUCAO E GESTAO DE
SOFTWARES LTDA |
|
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GP HOLDINGS V LTDA |
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ANOMATIC DO BRASIL CONSULTORIA
EM EMGALAGENS LTDA |
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SAN VICTOR EMPREENDIMENTOS
IMOBILIARIOS SPE LTDA |
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IP-COM DO BRASIL LTDA - ME |
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NEOFARM PARTICIPACOES LTDA |
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MAXIMATOR SOUTH AMERICA LTDA |
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THE SUBJECT WAS ESTABLISHED ON SEPTEMBER 11, 1990 AS EXCEL PRODUTOS
ELETRO ORNAMENTAIS LDTA. TO BE ENGAGED IN THE SAID LINE OF BUSINESS. LATER IT
ADOPTED THE ABOVE MENTIONED NAME AND UP TO DATE IT IS STILL OPERATING WITHIN THE
GENERAL SCENE REPORTED HEREIN. PARTNERS: IVAIR REIS NEVES ABREU: BRAZILIAN, HOLDER OF DOCUMENTS CPF
052.405.418-50, RESIDENTIAL ADDRESS AT RUA MARCO A.D. BATISTA S/N CASA 05,
SÃO PAULO/SP. SANTA CAMELIA PATRIMONIAL E PARTICIPAÇÕES LTDA: HEADQUARTERED AT RUA
SABARA 318, APTO 51, SÃO PAULO/SP. TULIPA PATRIMONIAL E PARTICIPAÇÕES LTDA: HEADQUARTERED AT RUA CAIUBI
1422, APTO 31, SÃO PAULO/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. RAFAEL, FINANCIAL
DEPARTMENT, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION
UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED. IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF
THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER
INFORMATION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
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PUBLIC INFORMATION: |
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NO DETRIMENTAL FILES WERE FOUND. |
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DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE
BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY
DECLINED TO PROVIDE ANY KIND OF FINANCIAL INFORMATION. OUTSIDE SOURCES CONTACTED SHOWED NO FINANCIAL DATA ABOUT THIS COMPANY. |
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EXCHANGE RATE: |
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US$ 1,00 = R$ 4,11 |
- OFFICIAL RATE ON 29/09/2015 |
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COMMENTS ON THE
FINANCIAL INFORMATION: |
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IN THE ABSENCE OF FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT
THE SUBJECT'S CURRENT FINANCIAL STANDING. |
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REAL ESTATE: |
NOT AVAILABLE
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VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$
85.993,00
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MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE
VALUED AT R$ 300.071,73
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NOT AVAILABLE. |
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BRANCH/PHONE: |
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BANCO DO BRASIL S/A |
1173-8 |
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BANCO ITAU S/A |
0065 |
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BANCO UNIBANCO S/A |
1536 |
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BANCO NOSSA CAIXA |
0422-7 |
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BANCO BRADESCO S/A |
94 |
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BANCO SANTANDER S/A |
0112 |
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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 NOT RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
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MANUFACTURE OF ELECTRONIC EQUIPMENT. |
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IMPORT AND
EXPORT: |
IMPORTS FROM:
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NOT AVAILABLE. |
EXPORTS TO:
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NOT AVAILABLE. |
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MAIN CLIENTS: |
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DOMESTIC
CLIENTS: |
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NOT AVAILABLE. |
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STAFF: |
|
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NOT AVAILABLE |
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THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1990. SO
FAR IT HAS A CLEAR TRADE HISTORY AND LOW PAYMENT RECORD. THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO
DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER
OF TRADE CREDIT FACILITIES. |
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MAIN SUPPLIERS: |
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|
|
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DOMESTIC
SUPPLIERS: |
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ABE ESSES BRASILEIRA DE EMPRESAS LTDA |
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ALOG 02 SOLUÇÕES DE TECNOLOGIA EM INFORMATICA |
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ASCOVAL INDUSTRIA E COMERCI LTDA |
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CLARIZA INDUSTRIA COMERCIO EMBALAGENS LTDA |
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ETIL COMERCIO MATERIAIS ELETRICOS LTDA |
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FERRARIS METAL INDUSTRIA LTDA |
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GEO ELETRON SEMICONDUTORES LTDA |
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IMAM CONSULTORIA LTDA |
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IRMÃO GALEAZI LTDA |
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JAMEF TRANSPORTE LTDA |
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MMB INFORMATICA LTDA - ME |
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OTM EDITORA LTDA |
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SERASA S/A |
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TRADY SERVIÇOS LTDA |
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PAYMENT HISTORY: |
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09 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 140.117,00 |
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AMOUNT OF INVOICES PAID: 43 |
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TOTAL OF PROMPT PAYMENTS: 43,6% |
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TOTAL OF DELAYED PAYMENTS: 56,4% |
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HIGHEST INVOICE: R$ 40,00 |
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HIGHEST CREDIT: R$ 40,00 |
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OUTSTANDING
INVOICES DUE WITHIN THE NEXT 30 DAYS: |
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--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
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DUE WITHIN 30 DAYS |
1 |
1 |
R$ 1.802,89 |
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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 FINANCIAL DATA. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.74 |
|
|
1 |
Rs.99.53 |
|
Euro |
1 |
Rs.73.80 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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|
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Report Prepared
by : |
NIT |
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 |
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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 |
|
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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 |
-- |
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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.