MIRA INFORM REPORT
|
Report No. : |
338691 |
|
Report Date : |
05.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
ARISTEA S.P.A. |
|
|
|
|
Registered Office : |
Via Santa Lucia, 123 80132 -
Napoli (NA) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
01.06.1987 |
|
|
|
|
Legal Form : |
Italy |
|
|
|
|
Line of Business : |
Manufacture of plastic products
for the building industry |
|
|
|
|
No. of Employee : |
From 71 to 90 |
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) |
|
Italy |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ITALY ECONOMIC OVERVIEW
Italy has a diversified economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 132% of GDP in 2014, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and tax evasion. In 2014 economic growth and labor market conditions continued to deteriorate, with overall unemployment rising to 12.2% and youth unemployment around 40%. Italy's GDP is now nearly 10% below its 2007 pre-crisis level.
|
Source
: CIA |
Company name and addresses
|
ARISTEA S.P.A. |
|
ViaSanta Lucia, 123 80132 -
Napoli (NA)-IT- |
Summary
|
Fiscal Code |
: |
04925910632 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
01/06/1987 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
from 71 to 90 |
Activity
Manufacture of plastic producst
for the building industry
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 04925910632 |
|
Foreign Trade Reg. no. :
NA008451 since 24/03/1992 |
|
Foreign Trade Reg. no. : 8451
of Napoli since 24/03/1992 |
|
Foreign Trade Reg. no. : 519285
of Napoli since 09/01/1992 |
|
Chamber of Commerce no. :
407530 of Napoli since 05/03/1986 |
|
Chamber of Commerce no. :
173082 of Parma |
|
Chamber of Commerce no. :
252643 of Salerno since 07/07/1994 |
|
Firms' Register :
NA049-1986-1451 of Napoli since 19/02/1996 |
|
V.A.T. Code : 04925910632 |
|
Foundation date |
: 18/02/1986 |
|
|
Establishment date |
: 18/02/1986 |
|
|
Start of Activities |
: 01/06/1987 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 5.000.000 |
|
|
Subscribed Capital |
: 5.000.000 |
|
|
Paid up Capital |
: 5.000.000 |
|
Legal mail : |
ARISTEASPA@LEGALMAIL.IT |
Members
|
Martucciello |
Vincenzo |
|
|
Born in Pontecagnano Faiano |
(SA) |
on 04/01/1945 |
- Fiscal Code :
MRTVCN45A04G834T |
|
|
Residence: |
S. Venere |
, 50 |
- 84047 |
Capaccio |
(SA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
15/05/2015 |
||
|
Board Chairman |
15/05/2015 |
|
|
No Prejudicial events are
reported |
|
|
No Protests registered |
|
Grillo |
Marco |
|
|
Born in Napoli |
(NA) |
on 29/05/1961 |
- Fiscal Code :
GRLMRC61E29F839Y |
|
|
Residence: |
C.poerio |
, 92 |
- 80121 |
Napoli |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
15/05/2015 |
||
|
Managing Director |
15/05/2015 |
||
|
Assistant board Chairman |
15/05/2015 |
|
|
Prejudicial Events found with
cancellations* |
Legal
Mortgage - 20/04/2007. - 1.528 Euro.
Event writing-off
|
|
GEST
LINE S. P. A. |
|
|
No Protests registered |
|
Grillo |
Vittorio |
|
|
Born in Napoli |
(NA) |
on 11/11/1958 |
- Fiscal Code :
GRLVTR58S11F839O |
|
|
Residence: |
Cesario Console |
, 3 |
- 80100 |
Napoli |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
15/05/2015 |
|
Pingaro |
Grazia |
|
|
Born in Battipaglia |
(SA) |
on 09/05/1971 |
- Fiscal Code :
PNGGRZ71E49A717B |
|
|
Residence: |
Del Castello |
, 41 |
- 53034 |
Colle di Val d'Elsa |
(SI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
15/05/2015 |
|
Martucciello |
Sara |
|
|
Born in Salerno |
(SA) |
on 19/10/1973 |
- Fiscal Code :
MRTSRA73R59H703E |
|
|
Residence: |
S. Venere |
- 84047 |
Capaccio |
(SA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
15/05/2015 |
|
Grillo |
Alessandra |
|
|
Born in Napoli |
(NA) |
on 05/02/1959 |
- Fiscal Code :
GRLLSN59B45F839D |
|
|
Residence: |
Giuseppe Giusti |
, 34 |
- 20154 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
15/05/2015 |
*Concerns also partially erased
events.
Companies connected to members *
*checkings have been performed on
a national scale.
In this module are listed the
companies in which members hold or have holded positions.
|
|
Martucciello |
Vincenzo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
"lombardi E
Martucciello" - S.r.l. - |
Capaccio (SA) - IT - |
00520920653 |
Director |
Withdrawn |
Registered |
|
"lombardi E
Martucciello" - S.r.l. - |
Capaccio (SA) - IT - |
00520920653 |
Partner |
Withdrawn |
Registered |
|
|
Grillo |
Marco |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Elcon Megarad S.p.a. |
Avellino (AV) - IT - |
08337550589 |
Director |
Active |
Registered |
|
*de Matteis Agroalimentare
S.p.a. |
Avellino (AV) - IT - |
91000230648 |
Director |
Active |
Registered |
|
De Matteis Costruzioni S.p.a. |
Avellino (AV) - IT - |
00231180647 |
Director |
Active |
Registered |
The indication "REGISTERED" as Firm Status could refer to Firms in
Liquidation, Active, Inactive, etc.
For more information, in this
case, we advise to request further investigations.
Capital Shareholders
Shareholders' list as at date of
data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Martucciello Vincenzo |
Capaccio - IT - |
MRTVCN45A04G834T |
500.000 .Eur |
10,00 |
|
Grillo Marco |
Napoli - IT - |
GRLMRC61E29F839Y |
540.000 .Eur |
10,80 |
|
Grillo Vittorio |
Napoli - IT - |
GRLVTR58S11F839O |
500.000 .Eur |
10,00 |
|
Grillo Marta |
Napoli - IT - |
GRLMRT66S41F839E |
180.000 .Eur |
3,60 |
|
Grillo Gloria |
Napoli - IT - |
GRLGLR56L42F839N |
500.000 .Eur |
10,00 |
|
Pingaro Grazia |
Colle di Val d'Elsa - IT - |
PNGGRZ71E49A717B |
416.700 .Eur |
8,33 |
|
Martucciello Sara |
Capaccio - IT - |
MRTSRA73R59H703E |
375.000 .Eur |
7,50 |
|
Martucciello Marco |
MRTMRC76B06H703K |
375.000 .Eur |
7,50 |
|
|
Taddeo Maria Rosaria |
TDDMRS38L45F839Q |
240.000 .Eur |
4,80 |
|
|
Grillo Maria Caterina |
GRLMCT60E53F839A |
180.000 .Eur |
3,60 |
|
|
Grillo Alessandra |
Milano - IT - |
GRLLSN59B45F839D |
180.000 .Eur |
3,60 |
|
Grillo Guido |
GRLGDU57R05F839C |
180.000 .Eur |
3,60 |
|
|
Pingaro Rosario |
PNGRSR72P02F839W |
416.700 .Eur |
8,33 |
|
|
Cursaro Rosangela |
CRSRNG46T69I726T |
416.600 .Eur |
8,33 |
Direct Participations
The Company under review has
participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
Amicintavola, Istituto
Consortile Per Il Controllo, La Certificazione Di Conform |
Verona - IT - |
03693390233 |
Active |
Firm's location and structure
In order to carry out its
activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
Santa Lucia |
, 123 |
- 80100 |
- Napoli |
(NA) |
- IT - |
|
PHONE |
: 0817640376 |
|
PHONE |
: 0522455325 |
|
Legal mail |
: ARISTEASPA@LEGALMAIL.IT |
|
- |
Office not registered |
|
Zacchetti |
, 31 |
- 42100 |
- Reggio Emilia |
(RE) |
- IT - |
|
PHONE |
: 0522924346 |
|
- |
Branch |
(Factory) |
since 01/06/1987 |
|
Bosco Fili |
- 84091 |
- Battipaglia |
(SA) |
- IT - |
|
PHONE |
: 0828303773 |
|
PHONE |
: 0828340711 |
|
- |
Branch |
(Factory) |
since 30/06/2009 |
|
Industriale Contursi T. |
, SNC |
- 84024 |
- Contursi Terme |
(SA) |
- IT - |
|
PHONE |
: 0828791473 |
|
PHONE |
: 0828791818 |
|
PHONE |
: 0828794714 |
|
- |
Branch |
(Factory) |
since 01/01/2011 |
|
Provinciale |
, SNC |
- 84091 |
- Battipaglia |
(SA) |
- IT - |
|
Employees |
: 83 |
|
Fittings and Equipment for a
value of 13.720.000 |
Eur |
|
Stocks for a value of
12.710.000 |
Eur |
Trade organization: direct or by
agents.
The company sells in Italy and
abroad.
The company supplies wholesalers
and retailers.
The firm operates abroad as
importer / exporter..
To purchase foreign products the
firm uses the following channels :
|
- direct orders to foreign
companies |
Export represents from 20% to 50%
of the global turnover.
Products abroad are placed by :
|
- its own sales net-work |
Usually the terms of sale are
within 90-120 days.
Financial means used for sale:
bank transfers and bank orders.
Company's purchase terms are
within 90 and 120 days.
Main used payment modalities are
by cash orders and bank transfers.
Export is mainly towards:
|
- Stati Uniti |
|
- Europa |
The subject firm uses the
following own selling brands:
|
- ARISTEA |
Traded Brands / Suppliers
|
- CONTITAL SRL |
Historical
Information and/or Firm's Status
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
General partnership |
Joint stock company |
12/05/1987 |
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Aristea di Pingaro Rosario e C.
S.n.c. |
Aristea S.p.A. |
12/05/1987 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorbed by merging of |
|
|
|
|
S.Lucia |
, 123 |
, 80100 |
, Napoli |
(NA) |
- IT - |
|
|
Fiscal Code: 05291800638 |
|
|
Date |
: |
01/01/1991 |
|
|
Project of merging by taking
over of |
|
|
|
|
Del Parco Margherita |
, 20 |
, 80100 |
, Napoli |
(NA) |
- IT - |
|
|
Fiscal Code: 03621050875 |
|
|
Date |
Merging/splitting-up project: |
13/05/2010 |
|
|
Resolution of merging of |
|
|
|
|
Del Parco Margherita |
, 20 |
, 80100 |
, Napoli |
(NA) |
- IT - |
|
|
Fiscal Code: 03621050875 |
|
|
Date |
: |
25/06/2010 |
|
|
The firm absorbed by merging of |
|
|
|
|
Del Parco Margherita |
, 20 |
, 80100 |
, Napoli |
(NA) |
- IT - |
|
|
Fiscal Code: 03621050875 |
|
|
Date |
: |
26/11/2010 |
Protests
Protests checking on the subject firm
has given a negative result.
Data Base Prejudicial Events Search
Search performed on a National
Scale
|
|
Prejudicial Events Search
Result: |
|
|
Prejudicial Events found with
cancellations* |
Legal Mortgage on 03/05/2007. for an amount of 18.064 Euro.
Event writing-off
|
GEST
LINE S. P. A. |
Search performed on a specialized
data base.
*Concerns also partially erased
events.
Legal Procedures
None reported, standing to the
latest received edition of the Official Publications.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
SAN PAOLO BANCO DI NAPOLI |
Napoli |
1010 |
||||
|
INTESA SANPAOLO SPA |
Napoli |
1025 |
||||
|
BANCA MONTE DEI PASCHI DI SIENA |
Napoli |
1030 |
||||
|
BANCA NAZIONALE DEL LAVORO SPA |
Napoli |
1005 |
||||
|
UNICREDIT BANCA SPA |
Napoli |
2008 |
Financial and Economical Analysis
Subject is active since 1987
The economic-financial analysis
has been made on the base of the b/s of the latests three years.
In the economic management , good
and bad results followed on by turns. yet with a positive result in the 2014
(r.o.e. 2,69%). The turnover is growing in the last financial year (+7,74%).
The operating result was positive
in the last financial year (3,92%) and reflects the field's average.
The amount of the operating
result for the year 2014 is of Eur. 2.654.282 increasing if compared to the
yeart 2013.
The economic management produced
a gross operating margin of Eur. 5.398.780 with no sensible increase as against
2013.
The financial status of the
company is fairly balanced with an indebtedness level of 2,32 and decreasing as
against 2013.
It's shareholders funds amount to
Eur. 18.418.644 on stable levels.
Total indebtedness totalled Eur.
44.750.689, , with no sensible variation.
Financial debts as well as debts
to suppliers are rather high but lined up with the field's average.
Liquidity is not completely
adequate.
As far as the collection of
credit goes, the average is high (117,03 days). but on the same levels as the
average of the sector.
Eur. 3.225.355 is the value of
cash flow during the year 2014
Labour cost amounts to Eur.
3.468.892, with a 5,69% incidence on production costs. , whereas the incidence
of such costs on sales revenues is equal to 5,46%.
High incidence of financial
charges on turnover.
Financial Data
|
|
Complete balance-sheet for the
year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
63.533.655 |
|
Profit (Loss) for the period |
494.914 |
|
|
Complete balance-sheet for the
year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
58.966.571 |
|
Profit (Loss) for the period |
153.760 |
|
|
Complete balance-sheet for the
year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
54.568.708 |
|
Profit (Loss) for the period |
-146.729 |
|
|
Complete balance-sheet for the
year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
52.178.645 |
|
Profit (Loss) for the period |
28.318 |
|
|
Complete balance-sheet for the
year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
48.515.858 |
|
Profit (Loss) for the period |
-1.112.912 |
Balance Sheets
From our constant monitoring of
the relevant Public Administration offices, no more recent balance sheets
result to have been filed.
|
- Balance Sheet as at
31/12/2014 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2013
- 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at
31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2014 |
as at 31/12/2013 |
as at 31/12/2012 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,43 |
0,45 |
0,48 |
0,33 |
|
Elasticity Ratio |
Units |
0,56 |
0,54 |
0,51 |
0,65 |
|
Availability of stock |
Units |
0,19 |
0,19 |
0,16 |
0,14 |
|
Total Liquidity Ratio |
Units |
0,37 |
0,36 |
0,35 |
0,47 |
|
Quick Ratio |
Units |
0,03 |
0,03 |
0,00 |
0,01 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
2,32 |
2,51 |
2,26 |
2,54 |
|
Self Financing Ratio |
Units |
0,27 |
0,26 |
0,26 |
0,22 |
|
Capital protection Ratio |
Units |
0,67 |
0,70 |
0,72 |
0,74 |
|
Liabilities consolidation
quotient |
Units |
0,01 |
0,01 |
0,12 |
0,24 |
|
Financing |
Units |
2,43 |
2,62 |
2,51 |
3,21 |
|
Permanent Indebtedness Ratio |
Units |
0,28 |
0,27 |
0,33 |
0,41 |
|
M/L term Debts Ratio |
Units |
0,01 |
0,01 |
0,07 |
0,13 |
|
Net Financial Indebtedness
Ratio |
Units |
1,38 |
1,57 |
1,50 |
1,12 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
0,65 |
0,59 |
0,69 |
1,17 |
|
Current ratio |
Units |
0,85 |
0,81 |
0,86 |
1,10 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,56 |
0,53 |
0,58 |
0,82 |
|
Structure's primary quotient |
Units |
0,63 |
0,57 |
0,54 |
0,68 |
|
Treasury's primary quotient |
Units |
0,05 |
0,04 |
0,00 |
0,03 |
|
Rate of indebtedness ( Leverage
) |
% |
367,21 |
390,37 |
382,23 |
455,17 |
|
Current Capital ( net ) |
Value |
-6.913.458 |
-8.733.964 |
-5.512.690 |
135.108 |
|
RETURN |
|||||
|
Return on Sales |
% |
5,08 |
4,97 |
5,17 |
3,71 |
|
Return on Equity - Net- (
R.O.E. ) |
% |
2,69 |
0,87 |
-0,85 |
2,32 |
|
Return on Equity - Gross - (
R.O.E. ) |
% |
5,74 |
3,20 |
1,29 |
8,76 |
|
Return on Investment ( R.O.I. ) |
% |
3,92 |
2,91 |
2,06 |
3,87 |
|
Return/ Sales |
% |
4,18 |
3,39 |
2,50 |
3,60 |
|
Extra Management
revenues/charges incid. |
% |
18,65 |
7,69 |
-10,78 |
16,69 |
|
Cash Flow |
Value |
3.225.355 |
2.930.987 |
2.821.184 |
147.669 |
|
Operating Profit |
Value |
2.654.282 |
2.000.253 |
1.361.712 |
140.969 |
|
Gross Operating Margin |
Value |
5.398.780 |
4.777.480 |
4.329.625 |
283.954 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
117,03 |
127,64 |
139,15 |
110,91 |
|
Debts to suppliers average term |
Days |
102,57 |
100,28 |
117,46 |
113,90 |
|
Average stock waiting period |
Days |
72,04 |
78,42 |
70,81 |
47,23 |
|
Rate of capital employed return
( Turnover ) |
Units |
0,94 |
0,86 |
0,83 |
1,09 |
|
Rate of stock return |
Units |
5,00 |
4,59 |
5,08 |
7,61 |
|
Labour cost incidence |
% |
5,46 |
5,82 |
6,83 |
15,52 |
|
Net financial revenues/ charges
incidence |
% |
-2,25 |
-2,35 |
-2,32 |
-1,76 |
|
Labour cost on purchasing
expenses |
% |
5,69 |
5,82 |
6,65 |
15,56 |
|
Short-term financing charges |
% |
3,27 |
3,04 |
3,04 |
3,19 |
|
Capital on hand |
% |
106,45 |
116,40 |
121,00 |
91,39 |
|
Sales pro employee |
Value |
588.274 |
551.089 |
620.098 |
214.336 |
|
Labour cost pro employee |
Value |
32.119 |
32.068 |
42.351 |
32.630 |
Remarks
1) Protests checking (relative to
the last five years) performed by crossing and matching the members names and
the Firm's Style with the reported addresses, is supplied by the Informatic
Registry managed by the Italian Chamber of Commerce. If the fiscal code is not
indicated, the eventual homonymous cases are submitted to expert staff
evaluation in order to limit wrong matching risks.
2) The Legal Data, supplied and
retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line
with the last registered modifications.
3) Risk evaluation and Credit
Opinion have been performed on the base of the actual data at the moment of
their availability.
Market / Territory Data
|
Population living in the
province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the
region |
: |
|
Monthly family expences average
in the region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
Sector Data
The values are calculated on a
base of 2.727 significant companies.
The companies cash their credits
on an average of 111 dd.
The average duration of suppliers
debts is about 114 dd.
The sector's profitability is on
an average of 3,71%.
The labour cost affects the
turnover in the measure of 15,52%.
Goods are held in stock in a
range of 47 dd.
The difference between the sales
volume and the resources used to realize it is about 1,09.
The employees costs represent the
15,56% of the production costs.
Statistical Detrimental Data
Statistcally the trade activity
shows periods of crisis.
The area is statistically
considered remarkably risky.
In the region 80.616 protested subjects
are found; in the province they count to 41.815.
The insolvency index for the
region is 1,40, , while for the province it is 1,36.
Total Bankrupt companies in the
province : 18.217.
Total Bankrupt companies in the
region : 28.514.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.40 |
|
|
1 |
Rs.101.19 |
|
Euro |
1 |
Rs.73.89 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
ANK |
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.