ТОP-10 of the Russian shipbuilding enterprises by loan protection factor
Information agency Credinform has prepared a ranking of the largest Russian shipbuilding enterprises. The largest enterprises (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register for the available periods (2015-2017). Then the companies were ranged by loan protection factor (Table 1). The analysis was based on the data from the Information and Analytical system Globas.
The recommended value is >1. No indicator value indicates that the company does not have borrowed funds, therefore, no interest payable to creditors. However, it may not alsways be the evidence of general well-being as credit resources are necessary for successful business growth.
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.
|Name, INN, region||Revenue, million RUB||Net profit (loss), million RUB||Loan protection factor (x), >1||Solvency index Globas|
|JSC PO Sevmash
INN 2902059091 Arkhangelsk region
|Baltic Shipyard JSC
INN 7830001910 Saint Petersburg
|JSC Admiralty Shipyard
INN 7839395419 Saint Petersburg
|JSC Zelenodolsk Plant named after A.M. Gorky
INN 1648013442 Republic of Tatarstan
|JSC LENINGRAD SHIPYARD PELLA
INN 4706000296 Leningrad region
|JSC VYBORG SHIPYARD
INN 4704012874 Leningrad region
|JSC UNITED SHIPBUILDING CORPORATION
INN 7838395215 Saint Petersburg
|JSC AMUR SHIPBUILDING PLANT
INN 2703000015 Khabarovsk region
|JSC SHIPBUILDING PLANT SEVERNAYA VERF
INN 7805034277 Saint Petersburg
|JSC Shipyard Yantar
INN 3900000111 Kaliningrad region
|Total for TOP-10 companies||221754||268091||324951||222||11968||1850|
|Average value for TOP-10 companies||22175||26809||32495||22||1197||185||0,26||-7,25||10,09|
|Average industry value||2844||7618||20||301||1,21||2,00|
(*) 2018 data is for the reference
growth of indicator in comparison with prior period, decline of indicator in comparison with prior period.
Average value of loan protection factor for TOP-10 companies is lower than 2017 average industry value. In 2018 only one company improved the result.
Within 10 years, the average industry indicators of the loan protection factor showed the growing tendency. (Picture 2).