TOP-10 Russian enterprises processing scrap and waste of precious metals by asset coverage ratio
Information agency Credinform has prepared a ranking of the Russian enterprises processing scrap and waste of precious metals. Industry players (TOP-10) with the largest annual revenue were selected for the ranking, according to the data from the Statistical Register and the Federal Tax Service for the latest available accounting periods (2017 - 2019). Then the enterprises were ranked by the asset coverage ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.
The ratio characterizes the ability of a company to finance current activities only with its current assets. The recommended value of the ratio is > 0.1.
In order to get the most comprehensive and fair picture of the financial standing of an enterprise, it is necessary to pay attention to all combination of financial indicators and ratios.
|Name, INN, region||Revenue, million RUB||Net profit (loss), million RUB||Asset coverage ratio (x), > 0,1||Solvency index Globas|
INN 3123386744 Belgorod region
|3 586,1||3 478,3||-62,8||66,6||0,71||0,72||228 Strong|
INN 7456026640 Chelyabinsk region
|4 892,7||5 022,3||19,3||11,4||0,26||0,58||273 Medium|
INN 5017090114 Moscow region
|2 690,8||2 274,6||46,0||-2,6||0,39||0,19||328 Adequate|
|OOO VTSM POVOLZHYE
INN 7703378286 Moscow
|1 550,4||3 421,7||16,1||53,7||0,09||0,12||260 Medium|
|JSC INCORPARATED ELECTROTECHNICAL PLANTS
INN 7716523950 Moscow
|19 076,0||20 532,5||267,0||272,1||0,06||0,09||190 High|
INN 1006012798 Republic of Karelia
|571,0||2 824,6||0,7||21,3||-0,06||0,04||267 Medium|
INN 1328165460 Republic of Mordovia
|3 880,0||2 344,4||4,1||23,1||-0,14||-0,12||229 Strong|
|LLC INDUSTRIAL OPERATOR KTZ
INN 2127309097 Chuvash Republic
|914,3||8 493,0||102,3||28,7||-0,12||-0,13||288 Medium|
|OOO SKRAP FAR IST
INN 7901537354 Khabarovsk Territory
|771,9||4 318,9||55,5||113,2||-1,84||-0,27||245 Strong|
INN 6601008911 Sverdlovsk region
|1 408,4||2 890,6||5,4||69,5||-0,32||-0,45||222 Strong|
|Average value for TOP-10||3 934,2||5 560,1||45,4||65,7||-0,10||0,08|
|Average value for TOP-500||160,4||189,0||-6,6||2,6||-5,00||-10,87|
improvement compared to prior period, decline compared to prior period
Average value of assets coverage ratio of TOP-10 is higher than the average TOP-500 value. Four companies had the above the recommended value in 2019. Seven companies have improved their values in 2019 comparing to the previous period.
During 6 years, the average values of the asset coverage ratio of TOP-500 were negative with a trend to decrease (Picture 2).