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MIRA INFORM REPORT
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Report No. : |
498666 |
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Report Date : |
17.03.2018 |
IDENTIFICATION DETAILS
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Name : |
ROPER SCIENTIFIC, INC. |
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Registered Office : |
251 Little Falls Drive, Wilmington, New Castle, De, 19808,
USA |
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Country : |
United States |
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Date of Incorporation : |
05.01.1997 |
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Legal Form : |
Corporation |
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Line of Business : |
Subject is a manufacturer of high-performance CCD and ICCD
digital camera systems designed for biological sciences, physical sciences,
spectroscopy, and x-ray detection. |
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No. of Employees : |
240 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Moderate |
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Payment Behaviour : |
Slow and delayed |
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Litigation : |
Exist |
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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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United States |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
UNITED
STATES - ECONOMIC OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
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Source
: CIA |
STATUTORY
INFORMATION
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Order: |
PRINCETON INSTRUMENTS (Princeton Instruments operates as a unit
of Roper Scientific, Inc.) |
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Address in the order: |
NEW JERSEY 3600 QUAKERBRIDGE ROAD,
TRENTON NJ 08619 |
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Legal Name: |
ROPER SCIENTIFIC, INC. |
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Trade
Names: |
Princeton Instruments Photometrics Q Imaging |
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ID: |
2745578 |
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Date Created: |
1997 |
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Date Incorporated: |
5/1/1997 |
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Legal Address: |
251 LITTLE FALLS DRIVE, WILMINGTON, NEW
CASTLE, DE, 19808, USA |
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Operative Address: |
3660 Quakerbridge Road Trenton, NJ 08619 United States |
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Telephone: |
+1 609.587.9797 |
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Fax: |
609-587-1970 |
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Legal Form: |
CORPORATION |
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Email: |
info@princetoninstruments.com |
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Registered in: |
DELAWARE |
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Website: |
www.roperscientific.com www.princetoninstruments.com |
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Contact: |
Mr. Frank J. Mummolo - President |
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Staff: |
240 |
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Activity: |
NAICS 1: Optical Instrument and Lens
Manufacturing NAICS 2: Photographic and Photocopying
Equipment Manufacturing NAICS 3: Other Scientific and Technical
Consulting Services NAICS 4: Other Measuring and Controlling
Device Manufacturing SIC 1: Optical Instruments And Lenses SIC 2: Cameras And Related Equipment |
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Banks: |
BANK OF AMERICA |
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History: |
Roper Scientific, Inc. was founded in
1997 and is based in Trenton, New Jersey. Princeton Instruments, Inc. was founded in
1981 by Yair Talmi. In 1997, the company started operating as a unit of Roper
Scientific, Inc. |
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Parent Company: |
Roper Scientific, Inc. operates as a
subsidiary of: Roper Technologies, Inc. 6901 Professional Parkway East Suite 200 Sarasota, FL 34240 United States |
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PRINCIPAL
ACTIVITY
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Roper Scientific Inc. is a manufacturer
of high-performance CCD and ICCD digital camera systems designed for
biological sciences, physical sciences, spectroscopy, and x-ray detection. |
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Products/Services description: |
It offers CCD, ICCD, and EMCCD cameras
for astronomy, bose-einstein condensate, combustion, partical imaging
velocimetry, single molecule, surface and material analysis,
pressure-sensitive paint, and nanotechnology applications; and CCD cameras,
spectrographs, monochromators, and systems for Raman, laser induced breakdown
spectroscopy, NIR, absorption, fluorescence, and luminescence applications.
The company also provides CCD cameras for EUV, lithography, XRS, plasma, diffraction,
microscopy, and tomography applications; cameras for semiconductor, Web
inspection, document and film capture, digital radiography, and ophthalmology
applications; and mirrors, filters, and coatings for medical, semiconductor,
material processing, analytical instrumentation, aerospace, and defense
applications. It offers its products through dealers in Africa, Asia and
Australia Pacific, Europe, North and South America, the Middle East, and the
Russian Federation. |
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Brands: |
Princeton Instruments Photometrics Q Imaging |
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Sales are: |
Wholesale |
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Clients: |
Ajover S.A. |
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Suppliers: |
Aryabhatta Research Institute Of
Observational Sci |
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Operations area: |
National and International |
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The company
imports from |
INDIA |
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The company exports to |
COLOMBIA |
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The subject employs |
240 employees |
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Payments: |
Slow and delayed |
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LOCATION
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Headquarters : |
3660 Quakerbridge Road Trenton, NJ 08619 United States |
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Comments on Address: |
- |
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Branches: |
Princeton Instruments - Massachusetts Acton Optics & Coatings 15 Discovery Way Acton, MA 01720 USA |
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Related Companies: |
Princeton Instruments - China Shanghai Office Room 601, CENTRAL TOWERS 567 Lan Gao Road Shanghai, 200333 Roper Scientific, SAS Z.I. Petite Montagne Sud LISSES 8 rue de Forez - C.E. 1702 F-91017 Evry Cedex, France Roper Scientific, GmbH Einsteinstraße 39a D-82152 Planegg / Martinsried – Germany Princeton Instruments- Japan Nippon Roper, K. K. Sakurai Building 2-8-19 Fukagawa, Kotu-Ku Tokyo 135-0033, JAPAN Princeton Instruments, UK 25, Nuffield Way Abingdon, Oxfordshire OX14 1RL |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
Roper Scientific, Inc. operates as a
subsidiary of: Roper Technologies, Inc. 6901 Professional Parkway East Suite 200 Sarasota, FL 34240 United States This information was confirmed by the
company. |
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Management: |
Mr. Frank J. Mummolo - President Mark Sebben - Vice President of Finance
& Administration of Princeton Instruments Robert Hyland - Vice President of
Operations of Princeton Instruments Ravi Guntupalli - Vice President of
Sales & Marketing of Princeton Instruments |
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FINANCIAL
INFORMATION
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The company
does not make its financial statements public. The following information has
been provided by private sources: |
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USD 2016 |
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Revenue |
43.500.000 |
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Cash flow |
Normal |
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We attach
parent company’s FS2016 |
LEGAL
FILINGS
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PATENTS |
ANASTIGMATIC IMAGING SPECTROGRAPH Publication number: 20130182250 Abstract: An apparatus and method are disclosed
for producing spectrographic images free of SI, SII, and SIII field
aberrations. The apparatus includes a focusing element placed at a distance
from a dispersing element equal to the radius of curvature of the focusing
element. The apparatus further includes at least one correcting plate for
adding or subtracting abberations. Type: Application Filed: January 13, 2012 Publication date: July 18, 2013 Applicant: ROPER SCIENTIFIC, INC. Inventor: Jason McClure Anastigmatic imaging spectrograph Patent number: 8773659 Abstract: An apparatus and method are
disclosed for producing spectrographic images free of SI, SII, and SIII field
aberrations. The apparatus includes a focusing element placed at a distance
from a dispersing element equal to the radius of curvature of the focusing
element. The apparatus further includes at least one correcting plate for
adding or subtracting abberations. Type: Grant Filed: January 13, 2012 Date of Patent: July 8, 2014 Assignee: Roper Scientific Inc. Inventor: Jason McClure Asymmetrically split charged coupled
device Patent number: 6175126 Abstract: A charged coupled device is
disclosed including an asymmetrical split with independent control over the
regions on opposite sides of the split. The charge coupled device is
configurable for use in multiline or kinetic spectroscopy, and includes two
separate horizontal registers with optional charge dump regions for improving
efficiency. Type: Grant Filed: October 26, 1999 Date of Patent: January 16, 2001 Assignee: Roper Scientific, Inc. Inventor: John West System and method for optical
three-dimensional particle localization Patent number: 9024945 Abstract: Embodiments include methods
that may be used to optically obtain the precise three-dimensional location
of multiple objects from one or more two dimensional images. An optical point
spread function having a transverse shape which varies with axial distance
may be implemented to obtain depth information. The transverse variation in
the PSF with depth may be produced using a cylindrical lens. The objects may
be imaged by a focal plane array detector. One or more 2D images may be used
to find the 3D location of the objects using sparse signal reconstruction
methods. Type: Grant Filed: January 4, 2013 Date of Patent: May 5, 2015 Assignee: Roper Scientific, Inc. Inventor: Jason McClure |
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GOVERNMENT CONTRACTS |
No records found. |
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CASES |
MK Optics LLC v. Roper Industries Inc.
et al Plaintiff: MK Optics LLC Defendant: Roper Industries Inc., Roper
Scientific Inc. and Gatan Inc. Case Number: 1:2014cv01306 Filed: October 14, 2014 Court: Delaware District Court Office: Wilmington Office County: New Castle Presiding Judge: Gregory M. Sleet Nature of Suit: Patent Cause of Action: 35:145 Jury Demanded By: Plaintiff Roper et al v. Boston Scientific
Corporation et al Plaintiff: Dirk Roper and Autumn Roper Defendant: Ethicon, LLC, Ethicon, Inc.,
Johnson & Johnson, Boston Scientific Corporation and C. R. Bard, Inc. Case Number: 2:2014cv12912 Filed: March 21, 2014 Court: West Virginia Southern District
Court Office: Charleston Office County: XX US, Outside State Presiding Judge: Joseph R. Goodwin Nature of Suit: Personal Injury- Product
Liability Cause of Action: 28:1332 Jury Demanded By: Plaintiff |
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TRADEMARKS |
METACHROME ORGANIC PHOSPHOR COATING TO IMPROVE
SENSITIVITY OF SILICON DETECTORS OR CHARGE-COUPLED DEVICES IN BLUE-VISIBLE
AND ULTRAVIOLET… Owned by: ROPER SCIENTIFIC, INC. Serial Number: 73749110 PVCAM computer software for use in image
acquisition applications used in the field of charge-coupled device-based
imaging photography… Owned by: ROPER SCIENTIFIC, INC. Serial Number: 74487501 QUANTIX digital camera systems, namely,
high-resolution cooled charge-coupled device (CCD) scientific cameras Owned by: ROPER SCIENTIFIC, INC. Serial Number: 75354841 SENSYS digital camera systems, namely,
video-resolution cooled charge-coupled device (CCD) cameras Owned by: ROPER SCIENTIFIC, INC. Serial Number: 75355250 RS EQUIPMENT FOR SCIENTIFIC AND INDUSTRIAL
IMAGING AND SPECTROSCOPY, NAMELY, LOW LIGHT CAMERA SYSTEMS COMPRISED OF
CAMERA HEADS… Owned by: ROPER SCIENTIFIC, INC. Serial Number: 75621213 PHOTOMETRICS COOLSNAP DIGITAL CAMERAS USED IN HIGH PERFORMANCE
SCIENTIFIC APPLICATIONS Owned by: ROPER SCIENTIFIC, INC. Serial Number: 75864201 |
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RENEWAL HISTORY |
No records found. |
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UCC |
No records found. |
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OFAC Sanctions List Search |
The company is not listed in the OFAC
list. |
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SUMMARY
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Roper Scientific, Inc. is an
organization in the photographic equipment and supplies manufacturers
industry located in Trenton, NJ. It opened its doors in 1997 and now has
an estimated $43.9 million USD in yearly revenue and approximately 240
employees. The company operates nationally and
internationally, mainly importing from India. It is ACTIVE in business with
high credit risk. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Slow and delayed |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW
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NAME |
Alan |
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POSITION |
Sales |
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COMMENTS |
He confirmed the name of the parent
company, the address of the headquarters and location, the date of creation
of the company, the number of employees and the Contact Name. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 64.87 |
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1 |
INR 90.49 |
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Euro |
1 |
INR 79.91 |
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US Dollar |
1 |
INR 65.08 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
NIY |
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Report Prepared
by : |
KET |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.