ТОP-10 of children’s recreation camps by working capital to current assets ratio

ranking 19/12/2019

Information agency Credinform has prepared a ranking of the largest Russian children’s recreation camps. The largest enterprises (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register for the available periods (2016-2018). Then the companies were ranged by working capital to current assets ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.

Working capital to current assets ratio (x) is calculated as difference between equity and non-current assets to working assets. The indicator shows ability of an enterprise to finance current activcities by means of own working funds. Recommended value of the ratio is > 0,1.

For the most full and fair opinion about the company’s financial position the whole set of financial indicators and ratios should be taken into account.

Table 1. Net profit, revenue, working capital to current assets ratio, solvency index Globas of the largest children’s recreation camps (ТОP-10)
Name, INN, region Revenue, million RUB Net profit (loss), million RUB Working capital to current assets ratio (x),> 0,1 Solvency index Globas
2017 2018 2017 2018 2017 2018
1 2 3 4 5 6 7 8
DOLP IM. A.V. KAZAKEVICHA LLC
INN 9104000322 Republic of Crimea
up82,28 up96,00 down8,78 down1,09 down0,89 up0,99 207 Strong
LLC DOL VOLNA
INN 7802143863 Leningrad region
up85,88 up97,86 up2,19 up11,61 up-1,21 up0,60 154 Superior
LLC DSOL KD BEREZOVAYA ROSHCHA
INN 3711003188 Ivanovo region
down97,46 down95,77 up1,15 down0,96 up0,02 up0,09 210 Strong
LLC DSOL MORSKAYA VOLNA
INN 2365013436 Krasnodar region
up270,21 up304,00 down1,11 up4,54 up0,49 down0,09 259 Medium
LLC DOL ZELENYI GOROD IM. T. TRUSHKOVSKO
INN 7814623261 St. Petersburg
up71,59 up74,87 up0,19 up0,37 up0,03 up0,03 187 High
ZAO UDOL ENERGETIK
INN 2301012388 Krasnodar region
down140,12 up195,52 down0,03 down-2,16 down-1,92 up-0,58 265 Medium
LLC DOL ELEKTRON
INN 2301034007 Krasnodar region
up101,78 down94,45 up31,84 down14,98 down-3,59 up-1,14 198 High
CHU DOL ELANCHIK PAO CHTPZ
INN 7415033126 Chelyabinsk region
up92,22 down91,48 down0,16 up1,04 down-2,76 down-2,96 236 Strong
NAO SANATORII TSIOLKOVSKII
INN 6376012086 Samara region
Dissolved due to the reorganization in the form of merger, 25/12/2018
down175,44 up256,59 up0,11 down0,06 up-1,65 down-2,96 600 Insufficient
LLC DOLST NIVA
INN 6166049717 Rostov region
up87,47 up103,49 down-18,89 down-19,85 down-2,61 down-6,04 295 Medium
ТОP-10 average value up120,44 up141,00 down2,67 down1,26 down-1,23 up-1,22  

Up growth of indicator in comparison with prior period, Down decline of indicator in comparison with prior period.

Within the last two years, the average value of the working capital to current assets ratio of the TOP-10 group was in the zone of negative values. Only two companies have indicators above the recommended value. In 2018, six companies improved the results.

Picture 1. Working capital to current assets ratio and revenue of the largest children’s recreation camps (ТОP-10) Picture 1. Working capital to current assets ratio and revenue of the largest children’s recreation camps (ТОP-10)

Over a five-year period, the average industrial values of the working capital to current assets ratio of TOP-100 were in the zone of negative values with an upward trend. (Picture 2).

Picture 2. Change in the average industrial values of the working capital to current assets ratio of the largest children’s recreation camps in 2014 – 2018 (ТОP-100) Picture 2. Change in the average industrial values of the working capital to current assets ratio of the largest children’s recreation camps in 2014 – 2018 (ТОP-100)