Coverage ratio of the largest car manufacturers in Russia
Information agency Credinform has prepared a ranking of the largest Russian car manufacturers.
The TOP-10 list of enterprises was drawn up for the ranking in terms of revenue, according to the data from the Statistical Register for the latest available period (for the year 2014). Revenue trend data relative to previous period and coverage ratio are also represented (see table 1).
Coverage ratio (х) is the proportion of the company`s current assets to short-term liabilities. It shows funds adequacy of enterprise for repayment of short-term liabilities.
Recommended value: from 2,0 to 3,0. If index is less than 1, that demonstrates that short-term liabilities excess current assets.
For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention not only to the average figures in the industry, but also to all presented combination of financial indicators and company’s ratios.
|№||Name||Region||Turnover, mlnRUB, 2014||Turnovergrowthto 2013, %||Coverage ratio, (х)||Solvency index of GLOBAS-i®|
|1||LLC Volkswagen Group Rus
|Kaluga Oblast||230 583||-4,4||0,7||282 high|
|Samara Oblast||189 370||8,1||0,6||295 high|
|3||LLC Nissan Manufacturing Rus
|Saint-Petersburg||152 033||21,8||1,2||269 high|
|4||CJC Renault Russia
|Moscow||110 592||4,4||1,0||223 high|
|Republic of Tatarstan||104 389||-2,6||1,3||252 high|
|6||LLC Ellada Intertrade
|Kaliningrad Oblast||91 640||15,8||1,0||228 high|
|7||LLC Hyundai Motor Manufacturing Rus
|Saint-Petersburg||85 392||7,1||2,0||219 high|
|8||LLC Automobile Plant Gaz
|Nizhny Novgorod Oblast||59 278||-13,9||0,8||302 satisfying|
|9||LLC Ford Sollers Holding
|Republic of Tatarstan||54 888||-34,7||0,8||327 satisfying|
|Kaliningrad Oblast||40 967||-4,4||0,8||290 high|