|
Report No. : |
347419 |
|
Report Date : |
31.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
GENIX - INDÚSTRIA FARMACÊUTICA LTDA |
|
|
|
|
Registered Office : |
Via Primária 1E - Quadra 3 - S/Nº. Módulos 1 E 2 Distrito Agroindustrial
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
28.03.2001 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Subject
Is Engaged In The Manufacture And |
|
|
|
|
No. of Employees : |
342 |
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 |
|
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 – 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 |
|
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, 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. 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. 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.
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 reelection 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 |
GENIX - INDÚSTRIA FARMACÊUTICA LTDA
|
MAIN
ADDRESS: |
VIA PRIMÁRIA 1E - QUADRA 3 - S/Nº.
MÓDULOS 1 E 2 DISTRITO AGROINDUSTRIAL DE ANÁPOLIS |
|
ZIP CODE/CITY: |
75133-660 - ANÁPOLIS/GO |
|
|
|
|
PHONE: |
62 4010-9000 |
|
E-MAIL: |
contabil@vrcontabil.cnt.br |
|
WEB SITE: |
www.genix.ind.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA CORONEL CABRITA, 121 JARDIM DA
GLÓRIA |
|
ZIP CODE/CITY: |
01545-030 SÃO PAULO/SP |
|
PHONE: |
11 2067-5600 |
|
MAIN
ACTIVITIES: |
|
MANUFACTURE OF PHARMACEUTICALS. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
28/03/2001 |
|
REGISTER DATE: |
03/04/2001 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
04.376.121/0001-93 |
|
STATE REGISTER: |
10.338.210-0 |
|
|
|
|
SHARE CAPITAL: |
R$ 35.000.000,00 |
|
LAST REGISTER OF CAPITAL: |
01/11/2011 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
JULIO TOMIZO TANAKA |
MANAGING PARTNER |
|
THE MANAGING PARTNER IS AUTHORIZED
TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS
/ PARTNERS: |
|
|
|
|
|
JULIO TOMIZO TANAKA |
R$ 49.252.500,00 |
|
IVAN DA GLORIA TEIXEIRA |
R$ 247.500,00 |
|
AFFILIATES
/ SUBSIDIARIES: |
|
|
|
|
|
A SCAN THROUGH OUTSIDE SOURCES
SHOWED THE SUBJECT AND/OR DIRECTORS HAS/HAVE THE FOLLOWING UNCONFIRMED
HOLDINGS: |
|
|
|
|
|
J.V.T. CONSTRUTORA E INCORPORADORA LTDA |
|
|
GEMINI INDUSTRIA DE INSUMOS
FARMACEUTICOS LTDA |
|
|
LVA PARTICIPAÇÕES LTDA |
|
|
D CRIS CONFECÇÕES LTDA |
|
|
PP LVA PARTICIPAÇÕES LTDA |
|
|
THE SUBJECT WAS ESTABLISHED ON
MARCH 28, 2001 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE IT
IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN. TRADE NAME: "GENIX". PARTNERS: JULIO TOMIZO TANAKA: BRAZILIAN,
MARRIED, ENTREPRENEUR, RESIDENTIAL ADDRESS AT RUA DAS PRIMAVERAS 255,
CONDOMINIO BOUGUEVILLE III, ZIP CODE 11750-000, PERUÍBE/SP, HOLDER OF
DOCUMENTS RG 11.005.913 SSP-SP AND CPF 006.297.068-24; IVAN DA GLORIA TEIXEIRA:
BRAZILIAN, MARRIED, ENTREPRENEUR, RESIDENTIAL ADDRESS AT RUA 3, Nº. 483, APTO
401, CONDOMINIO SOLAR DAS ACÁCIAS, SETOR OESTE, ZIP CODE 74115-050, GOIÂNIA/GO,
HOLDER OF DOCUMENTS RG 405.390 SSP-GO AND CPF 160.156.571-20. FURTHER DETAILS ABOUT THE
SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
|
GENERAL BALANCE SHEETS AS OF
31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
CASH AND BANKS |
4.403.166,76 |
4.385.275,68 |
648.481,07 |
|
SHORT TERM INVESTMENTS |
|
|
15.606.100,14 |
|
CLIENTS |
14.141.105,73 |
12.738.641,87 |
12.640.543,62 |
|
INVENTORY |
8.660.570,06 |
6.337.139,26 |
8.971.641,85 |
|
ADVANCE TO EMPLOYEES |
356,50 |
5.242,24 |
9.705,61 |
|
OTHER ADVANCES |
27.560,89 |
970.160,83 |
42.969,24 |
|
ACCOUNTS RECEIVABLE |
11.331.103,41 |
10.925.173,83 |
116.541,03 |
|
RECOVERABLE TAXES |
2.224.258,73 |
2.897.069,12 |
2.573.288,39 |
|
PRE PAID EXPENSES |
65.958,30 |
31.297,85 |
89.229,99 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
40.854.080,38 |
38.290.000,68 |
40.698.500,94 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
CREDITS |
10.180.592,43 |
9.359.939,56 |
8.142.646,15 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
10.180.592,43 |
9.359.939,56 |
8.142.646,15 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
20.794.675,32 |
17.956.267,61 |
18.347.177,57 |
|
INTANGIBLE |
609.088,15 |
661.701,21 |
671.412,71 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
21.403.763,47 |
18.617.968,82 |
19.018.590,28 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
72.438.436,28 |
66.267.909,06 |
67.859.737,37 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
SUPPLIERS |
4.001.936,06 |
2.846.616,89 |
2.288.402,38 |
|
FOREIGN SUPPLIERS |
|
|
1.863.548,91 |
|
SALARIES PAYABLE |
447.293,02 |
387.795,19 |
281.372,86 |
|
SOCIAL OBLIGATIONS |
457.185,52 |
390.627,46 |
395.700,05 |
|
PROVISIONS |
525.185,80 |
532.214,46 |
1.056.056,22 |
|
TRIBUTARY OBLIGATIONS |
800.587,62 |
995.489,43 |
687.464,82 |
|
ACCOUNTS PAYABLE |
205.085,61 |
432.264,86 |
247.541,46 |
|
FREIGHTS PAYABLE |
17.419,38 |
19.137,81 |
31.768,04 |
|
ADVANCE FROM CLIENTS |
2.193,82 |
14.750,87 |
13.057,55 |
|
OTHER DEBTS |
292.891,64 |
396.281,98 |
314.808,62 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
6.749.778,47 |
6.015.178,95 |
7.179.720,91 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
222.814,66 |
389.925,82 |
557.036,98 |
|
TRIBUTARY OBLIGATIONS |
9.301.525,71 |
9.742.030,29 |
5.665.708,18 |
|
INSTALLMENTS TAXES PAYABLE |
|
383.884,99 |
652.958,49 |
|
LEASING |
|
11.824,57 |
7.417.310,95 |
|
GOODS FROM THIRD PARTIES |
|
2.569.347,13 |
|
|
DEFERRED REVENUE |
|
14.071,83 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
9.524.340,37 |
13.111.084,63 |
14.293.014,60 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
35.000.000,00 |
35.000.000,00 |
35.000.000,00 |
|
CAPITAL RESERVES |
14.730.329,37 |
10.895.534,08 |
10.895.534,08 |
|
ACCRUED PROFIT (LOSS) |
6.433.988,07 |
1.246.111,40 |
491.467,78 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
56.164.317,44 |
47.141.645,48 |
46.387.001,86 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
72.438.436,28 |
66.267.909,06 |
67.859.737,37 |
|
PROFIT AND LOSS ACCOUNTS AS OF
31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
GROSS SALES |
69.529.853,01 |
69.479.083,79 |
70.247.089,84 |
|
(-) TAXES ON SALES |
10.676.488,92 |
14.415.552,60 |
13.110.028,71 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
58.853.364,09 |
55.063.531,19 |
57.137.061,13 |
|
(-) COST OF SOLD GOODS |
39.868.636,89 |
39.470.074,22 |
43.195.473,82 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
18.984.727,20 |
15.593.456,97 |
13.941.587,31 |
|
OPERATING REVENUE (EXPENSE) |
-8.374.680,32 |
-8.349.736,05 |
-12.175.972,97 |
|
FINANCIAL REVENUE(EXPENSE) |
3.914.645,66 |
-86.117,76 |
5.120.402,14 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
14.524.692,54 |
7.157.603,16 |
6.886.016,48 |
|
NON-OPERATING RESULT |
76.900,00 |
73.387,48 |
175.636,40 |
|
CONTRIBUTION/INCOME TAX |
-2.312.497,00 |
-2.415.020,77 |
-706.941,25 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
12.289.095,54 |
4.815.969,87 |
6.354.711,63 |
|
MONTHLY
SALES |
|||
|
|
2015 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 5.398.261,69 |
|
|
|
FEBRUARY |
R$ 4.630.742,51 |
|
|
|
MARCH |
R$ 5.803.408,14 |
|
|
|
APRIL |
R$ 5.450.987,74 |
|
|
|
MAY |
R$ 5.966.824,99 |
|
|
|
JUNE |
R$ 5.447.314,14 |
|
|
|
JULY |
R$ 5.183.763,43 |
|
|
|
AUGUST |
R$ 5.711.685,13 |
|
|
|
SEPTEMBER |
R$ 5.347.444,22 |
|
|
|
OCTOBER |
|
|
|
|
NOVEMBER |
|
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$ 48.940.431,99 |
|
|
|
RATIOS: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
QUICK RATIO |
4,77 |
|
5,31 |
|
4,42 |
|
|
CURRENT RATIO |
6,05 |
|
6,37 |
|
5,67 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
4,16 |
TIMES |
4,32 |
TIMES |
4,52 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
86,50 |
DAYS |
83,28 |
DAYS |
79,64 |
DAYS |
|
INVENTORY TURNOVER |
4,60 |
TIMES |
6,23 |
TIMES |
4,81 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
36,14 |
DAYS |
25,96 |
DAYS |
19,07 |
DAYS |
|
RETURN ON ASSETS |
,81 |
TIMES |
,83 |
TIMES |
,84 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
1,05 |
TIMES |
1,17 |
TIMES |
1,23 |
TIMES |
|
NET WORTH TIE-UP |
,37 |
|
,38 |
|
,40 |
|
|
INDEBTEDNESS |
,29 |
|
,41 |
|
,46 |
|
|
EQUITY RATIO |
77,53 |
% |
71,14 |
% |
68,36 |
% |
|
WORKING CAPITAL RATIO |
505,27 |
% |
536,56 |
% |
466,85 |
% |
|
GENERAL SOLVENCY |
4,45 |
|
3,46 |
|
3,16 |
|
|
RETURN ON NET EQUITY |
21,88 |
% |
10,22 |
% |
13,70 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
20,88 |
% |
8,75 |
% |
11,12 |
% |
|
GROSS PROFIT MARGIN |
32,26 |
% |
28,32 |
% |
24,40 |
% |
|
OPERATIONAL RESULT |
24,68 |
% |
13,00 |
% |
12,05 |
% |
|
SALES TURNOVER ON LIABILITIES |
8,72 |
TIMES |
9,15 |
TIMES |
7,96 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE
RATE: |
|
|
US$ 1,00 = R$ 3,87 |
- OFFICIAL RATE ON 28/10/2015 |
|
US$ 1,00 = R$ 2,65 |
- OFFICIAL RATE ON 31/12/2014 |
|
US$ 1,00 = R$ 2,34 |
-
OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
COMMENTS
ON THE FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH
MAIN FINANCIAL RATIOS. THE ANNUAL FIGURES SHOW GOOD
FINANCIAL STANDING. IT HAS HIGH LIQUIDITY RATIOS AND GOOD WORKING CAPITAL, AS
WELL AS LOW LEVEL OF INDEBTEDNESS. IT SHOWS RECOVERY IN SALES AND POSTED PROFIT. |
|
REAL
ESTATE: |
OWNED PREMISES ARE VALUED AT R$
13.799.341,90
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 386.302,67
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 15.569.864,88
|
NOT AVAILABLE. |
|
|
BRANCH/PHONE: |
|
|
BANCO SANTANDER (BRASIL) S/A |
62 3311-2002 |
|
|
BANCO DO BRASIL S/A |
62 3311-1633 |
|
|
BANCO ITAÚ S/A |
62 3311-1893 |
|
|
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"). DATE
RESEARCHED OCTOBER 28, 2015. |
|
THE SUBJECT IS ENGAGED IN THE
MANUFACTURE AND SALE OF PHARMACEUTICAL RAW MATERIALS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
COLOMBIA, CHINA, UNITED STATE,
INDIA AND OTHERS. |
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN
CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
|
|
DROGADERMUS DROG. E FARM. DE MAIP. LTDA |
GOIÂNIA/GO |
|
|
FARMACIA IANNARELLI LTDA |
JOÃO MOLEVADE/MG |
|
|
MICROGRAMA FARM. MANIP. LIDA - ME |
RIBEIRÃO PRETO/SP |
|
|
RENATA BATAGLIA GALLI |
JUNDIAÍ/SP |
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 342 EMPLOYEE(S) |
|
THE SUBJECT IS A WELL-ESTABLISHED
COMPANY, OPERATING SINCE 2001. SO FAR IT HAS A CLEAR TRADE HISTORY AND NORMAL
PAYMENT BEHAVIOR. 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: |
|
PHONE: |
|
BIOQUÍMICA SUPRIMENTOS ANALÍTICOS LTDA |
|
16 2138-6111 |
|
DEGUSA BRASIL LTDA |
|
11 3146-4100 |
|
ELETRO RODNEY MATS. ELETRICOS LTDA |
|
62 3311-6888 |
|
EMBALAGENS BANDEIRANTES LTDA |
|
11 4061-1115 |
|
GELITA DO BRASIL S/A |
|
11 4612-8111 |
|
LOCGUEL LOC. DE EUQUIPAMENTOS PARA
CONSTRUÇÃO LTDA |
|
31 3464-0166 |
|
MERCK S/A |
|
11 3346-8500 |
|
PERKIN ELMER DO BRASIL LTDA |
|
11 3868-6200 |
|
SINTEFINA IND E COM LTDA. |
|
11 4056-7887 |
|
UNI TINTAS LTDA |
|
62 3310-8600 |
|
WATERS TECHNOLOGIES DO BRASIL LTDA |
|
11 4193-6133 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
CHIBA NATIONAL AERO-TECHOLOGY IMP &
EXP. XIAME CORPORATION |
CHINA |
|
|
IPCA LABORATORIES LTDA |
INDIA |
|
|
SINOCHEM JIANGSU CORPORATION |
CHINA |
|
|
PAYMENT
HISTORY: |
|
04 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 23.064,00 |
|
|
|
AMOUNT OF INVOICES PAID: 11 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 4.609,00 |
|
HIGHEST CREDIT: R$ 11.130,00 |
|
|
|
THE SUBJECT HAS BEEN IN BUSINESS
SINCE 2001. UP TO DATE IT HAS CLEAR TRADE HISTORY AND NORMAL 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.65.22 |
|
UK Pound |
1 |
Rs.99.93 |
|
Euro |
1 |
Rs.71.67 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TRU |
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.