TOP-10 of construction companies by the ratio of liabilities and assets

ranking 17/02/2021

Information agency Credinform represents a ranking of the largest construction companies having a potential opportunity to carry out a tax monitoring. The companies engaged in construction of buildings and structures meeting the new criteria for tax monitoring with the largest volume of annual revenue (TOP-10 and TOP-100) were selected for the ranking, according to the data from the Statistical Register and the Federal Tax Service for the latest available periods (2017 - 2019). They were ranked by the ratio of assets and liabilities (Table 1). The selection and analysis was based on the data of the Information and Analytical system Globas.

Liabilities to assets ratio shows the share of assets financed by loans. The standard value for this ratio is from 0.2 to 0.5

Sales revenue and net profit show the scale of the company and the efficiency of its business, and the ratio of liabilities and assets indicates the risk of insolvency of the company.

Exceeding the upper standard value indicates excessive debt load, which can stimulate development, but negatively affects the stability of the financial position. If the value is below the standard value, this may indicate a conservative strategy of financial management and excessive caution in attracting new borrowed funds.

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 indicators and financial ratios.

Table 1. Net profit, revenue, ratio of liabilities and assets, solvency index Globas of the largest Russian construction companies (TOP-10)
Name, INN, region Revenue, million RUB Net profit (loss), million RUB Ratio of liabilities and assets (x), from 0,2 to 0,5 Solvency index Globas
2018 2019 2018 2019 2018 2019
1 2 3 4 5 6 7 8
MONARCH
INN 7714950480 Moscow
up18 910 down17 436 up127 down116 up0,95 down0,98 233 Strong
OOO MIP-STROI #1
INN 7701394860 Moscow
up56 995 down53 932 down10 up99 up0,98 up0,98 272 Medium
JSC PIK-Industries
INN 7729755852 Moscow
up26 948 up44 616 up1 792 down1 263 down1,01 up0,98 275 Medium
RENAISSANCE HEAVY INDUSTRIES LLC
INN 7802772445 Moscow
up37 662 up42 884 up4 732 down2 079 up0,83 down0,94 245 Strong
Fodd
INN 7729355935 Moscow
up19 640 up23 853 up262 up314 up0,97 up0,92 176 High
JSC VOSTOKNEFTEZAVODMONTAZH
INN 0277015293 Republic of Bashkortostan
down11 047 up18 231 down82 up405 up0,89 up0,88 208 Strong
PIK GROUP
INN 7713011336 Moscow
up25 343 down24 572 up15 137 down306 down0,74 down0,75 233 Strong
RENAISSANCE CONSTRUCTION LTD
INN 7708185129 Moscow
up44 512 down25 720 up1 290 up2 676 up0,94 up0,74 201 Strong
OOO ENERGO-STROI
INN 7801174139 Saint Petersburg
down8 713 up24 118 up229 up1 640 down0,92 up0,74 171 Superior
LENSPETSSMU
INN 7802084569 Saint Petersburg
down15 270 up17 182 up4 374 up6 441 down0,68 down0,71 217 Strong
Average value for TOP-10 up26 504 up29 254 up2 804 up1 534 down0,89 up0,86  
Average value for TOP-100 up8 802 down7 789 down30 down-289 down0,81 down0,81  

вверх growth of indicator to the previous period, вниз decrease of indicator to the previous period

The average indicator of the ratio of liabilities and assets of TOP-10 and TOP-100 is above the standard value. Indicators of six companies show the positive dynamic to move toward the standard value in 2019.

Picture 1. Ratio of liabilities and assets, and revenue of the largest construction companies (TOP-10) Picture 1. Ratio of liabilities and assets, and revenue of the largest construction companies (TOP-10)

Over the past 6 years, the industry average values of the ratio of liabilities and assets of TOP-100 have a positive trend to move toward the standard value (Picture 2).

Picture 2. Change in the industry average values of the ratio of liabilities and assets of the TOP-100 largest construction companies in 2014 – 2019 Picture 2. Change in the industry average values of the ratio of liabilities and assets of the TOP-100 largest construction companies in 2014 – 2019