TOP-10 Russian IT-companies by equity turnover ratio
Information agency Credinform represents the ranking of the largest Russian IT-companies. The enterprises with the largest volume of annual revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (for 2016 - 2018). Then they were ranked by the equity turnover ratio (Table 1). The analysis was made on the basis of the data of the Information and Analytical system Globas.
Equity turnover ratio reflects the turnover rate of own capital. The high value of this ratio indicates the effectiveness of use of own funds. Accordingly, the low ratio value indicates about inaction of the part of own funds.
The experts of the Information agency Credinform, taking into account the actual situation both in the economy as a whole and in the sectors, has developed and implemented in the Information and Analytical system Globas the calculation of practical values of financial ratios that can be recognized as normal for a particular industry. For IT-companies the practical value of the equity turnover ratio made from 1,96 times in 2018.
For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention to all combination of indicators and financial ratios.
|Name, INN, region||Revenue, million RUB||Net profit (loss), million RUB||Equity turnover, times||Solvency index Globas|
|CENTRE OF LOYALTY PROGRAMMES NJSC
INN 7702770003 Moscow
|SIBERIAN INTERNET COMPANY LLC
INN 7708119944 Moscow
|VISA PAYMENT SYSTEM LLC
INN 7710759236 Moscow
|GAZPROM INFORM LLC
INN 7727696104 Moscow
|INLINE TELECOM SOLUTIONS LLC
INN 7715612935 Moscow
INN 7713511177 Moscow
INN 7743529527 Moscow
INN 7705514400 Moscow
INN 7707724547 Moscow
INN 7743001840 Moscow
|Average value by TOP-10 companies||16291,0||19106,2||1098,5||1526,4||10,18||8,78|
|Industry average value||37,5||42,1||2,9||3,1||2,14||2,00|
improvement of the indicator to the previous period, decline in the indicator to the previous period
The average value of equity turnover ratio of TOP-10 enterprises is above industry average and practical values. Three companies improved the result in 2018.
The industry average indicators of equity turnover ratio have a downward trend over the course of five years. (Picture 2).