TOP-10 social service companies by debt-to-assets ratio

ranking 22/07/2020

Information agency Credinform has prepared a ranking of the largest social service companies in Russia. The companies rendering social services to senior citizens and disabled people, providing child and social care etc. (TOP-10) with the largest annual revenue were selected for the ranking, according to the data from the Statistical Register and Federal Tax Service for the latest available accounting periods (2017 - 2019). Then the enterprises were ranked by the debt-to-assets ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.

Debt-to-assets ratio indicates the share of the company’s assets being financed by loans. Standard value of the ratio is from 0.2 to 0.5.

Sales revenue and net profit demonstrate a company’s size and its business efficiency, and debt to solvency ratio indicates the risk of insolvency.

A value that exceeds the maximum standard value indicates an excessive loan overburden that may facilitate development, but as well may have a negative impact on stability of corporate funds. A value lower than the minimum standard value may speak of a conservative financial management strategy and of an excessive caution in raising new debt 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 financial indicators and company’s ratios.

Table 1. Net profit, revenue, debt-to-assets ratio, solvency index Globas of the largest social service companies in Russia (TOP-10)
Name, INN, region Revenue, million RUB Net profit (loss), million RUB Debt-to-assets ratio (x), from 0,2 to 0,5 Solvency index Globas
2018 2019 2018 2019 2018 2019
1 2 3 4 5 6 7 8
BF NO BLAGOTVORITELNYI FOND PODDERZHKI VETERANOV TRUDA NADEZHDA
INN 7714321154 Moscow
down196,48 up238,65 up14,21 down11,76 up0,12 down0,00 257 Medium
OOO PROSPEKT
INN 6229063499 Ryazan region
up145,46 down138,18 down9,35 up10,55 up0,06 up0,07 196 High
OOO DOBROE DELO
INN 7733241842 Moscow
up44,52 up164,72 up15,12 up28,10 down0,17 down0,12 231 Strong
OOO UPRAVLYAYUSHCHAYA KOMPANIYA NOVOLETIYE
INN 5904182219 Perm krai
up548,33 down521,06 up139,50 down123,85 down0,23 down0,19 173 Superior
OOO GALOKOM
INN 7733806570 Moscow
up143,05 up160,89 up27,02 up112,54 down0,11 up0,27 248 Strong
OOO MEDFARMA-SERVIS
INN 3525255572 Vologda region
up225,36 down214,55 up15,23 up23,89 down0,22 up0,30 185 High
OOO GARMONIYA
INN 7840317422 Saint Petersburg
up134,04 up201,54 up5,84 up38,00 down0,96 down0,74 191 High
OOO CENTR PROEKTIROVANIYA OBUVI SPETSIALNOGO NAZNACHENIYA ORTOMODA
INN 7718195662 Moscow
down0,00 up265,13 down0,00 up11,60 down up0,81 254 Medium
ANO EKSPERTNY INSTITUT SOTSIALNYKH ISSLEDOVANII
INN 7703424479 Moscow
up18,29 up324,71 up16,32 up33,69 down0,17 up1,00 262 Medium
OOO DOVERIYE
INN 6168004976 Rostov region
down340,72 up342,81 down-232,08 up52,77 up1,12 down1,11 234 Strong
Average value for TOP-10 up179,62 up257,22 down1,05 up44,68 down0,35 up0,46  
Industry average value up1,52 up2,78 up2,32 up71,96 down0,03 up0,99

вверх improvement compared to prior period, вниз decline compared to prior period

Average value of debt-to-assets ratio of TOP-10 companies is lower than the average industry one. Two companies have the standard value in 2019.

Picture 1. Debt-to-assets ratio and revenue of the largest social service companies in Russia (TOP-10) Picture 1. Debt-to-assets ratio and revenue of the largest social service companies in Russia (TOP-10)

During the decade, average industry values of debt-to-assets ratio were on the whole beyond the limits of the standard value and had a tendency to improve (Picture 2)

Picture 2. Change of industry average values of debt-to-assets ratio of social service companies in Russia in 2010 – 2019 Picture 2. Change of industry average values of debt-to-assets ratio of social service companies in Russia in 2010 – 2019