TOP-10 social service companies by debt-to-assets ratio
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.
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.
|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|
|BF NO BLAGOTVORITELNYI FOND PODDERZHKI VETERANOV TRUDA NADEZHDA
INN 7714321154 Moscow
INN 6229063499 Ryazan region
|OOO DOBROE DELO
INN 7733241842 Moscow
|OOO UPRAVLYAYUSHCHAYA KOMPANIYA NOVOLETIYE
INN 5904182219 Perm krai
INN 7733806570 Moscow
INN 3525255572 Vologda region
INN 7840317422 Saint Petersburg
|OOO CENTR PROEKTIROVANIYA OBUVI SPETSIALNOGO NAZNACHENIYA ORTOMODA
INN 7718195662 Moscow
|ANO EKSPERTNY INSTITUT SOTSIALNYKH ISSLEDOVANII
INN 7703424479 Moscow
INN 6168004976 Rostov region
|Average value for TOP-10||179,62||257,22||1,05||44,68||0,35||0,46|
|Industry average value||1,52||2,78||2,32||71,96||0,03||0,99|
improvement compared to prior period, 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.
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)