Information agency Credinform has prepared a ranking of the largest Russian enterprises for passenger transportation. The TOP-10 companies with the highest volume of revenue were selected for the ranking, according to the data from the Statistical Register for the latest available accounting periods (2015 and 2014). Enterprises of the rating are ranked by return on assets (Table 1).

Return on assets ratio (%) is calculated as the relation of the sum of net profit and interest payable to the total assets value and shows how many monetary units of net profit gets every unit of total assets. The ratio characterizes the effectiveness of using of all available resources and financial management. The higher is the ratio value, the more effective is business, that is higher return per every invested in assets monetary unit.

However, it should be considered that book value of assets cannot correspond to its current market price to a great extent. For example, under inflation the book value of fixed assets with a course of time will be more and more underestimated, that leads to overestimation of return on assets. In other words, it is necessary to pay attention not only to the assets structure but also to its maturity.

Dynamics of this indicator also should be considered. The subsequent decrease demonstrates decline of effectiveness in the assets use.

Average values of return on assets in 2015 are negative both in the TOP-10 and in the TOP-100 groups.

Industry average values of return on assets are shown in the Table 2.

Only three companies out of TOP-10 have got positive values of return on assets.

Revenue volume of the 10 largest companies is 93% of total revenue of the 100 largest companies. It shows high level of monopolization, first of all, in the area of railway passenger transportations, because share of the largest company, according to the revenue volume in 2015 - JSC RUSSIAN RAILWAYS is almost 67% of total revenue of the TOP-10 group. Besides, enterprises for bus passenger transportations have got the biggest share in the total revenue of TOP-100 companies (Picture 2).

Eight out of TOP-10 companies have got the highest or high solvency index Globas-i®, that demonstrates the ability to pay the debts in time and to the full extent.

LLC NORD WIND has got satisfactory solvency index Globas-i® because of the information about the participation as a defendant in arbitration court proceedings in terms of debt collection, unclosed enforcement orders and loss in the balance sheets. Projected growth of the index is stable.

JSC TRANSAERO AIRLINES has got low solvency index Globas-i® due to the information about claim for recognition of the company bankrupt, listing in the blacklist of suppliers, unclosed enforcement orders and loss in the balance sheets. Projected growth of the index is negative.

Seven out of TOP-10 companies decreased indicators of revenue compared to the previous period or have loss in 2015 (marked with red shading in Table 1).

In the TOP-100 group 53 lossmaking companies were observed in 2014, and in 2015 the amount insignificantly decreased to 52.

In general, monetary indicators of passenger transportations in 2016 have grown compared to 2010 (except for taxi transportations), that is confirmed by data from the Federal State Statistics Service (Table 3).

The enterprises for passenger transportation are distributed on the territory of the country equally, attracting to the thickly populated regions because of specific activity. It is confirmed by data from the Information and Analytical system Globas-i®, according to that the 100 largest companies in terms of revenue volume for 2015 are registered in 42 regions of Russia. (Picture 3).

Information agency Credinform prepared a ranking of Russian leasing companies. The enterprises with the largest volume of revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (for 2014 and 2015). Then they were ranked by accounts payable turnover (Table 1).

Accounts payable turnover (times in a year) is calculated as the relation of average accounts payable for the period to sales revenue. The ratio shows how many times a year an enterprise has discharged the average amount of its accounts payable.

This indicator reflects the process of debt repayment to contractors (partners, suppliers, mediators etc.). The coefficient determines the number of firm's closed debts and is calculated to estimate cash flows. It allows to draw conclusions about the effectiveness of company’s work and chosen financial strategy.

The higher is the ratio value, the soonest an enterprise settles accounts with its suppliers. Reduction of turnover can mean as well problems with payment of invoices, as more effective organization of relationships with suppliers, which provides a more profitable, deferred payment schedule and uses accounts payable as a source of cheap financial resources.

The specialists of the Information agency Credinform, taking into account the actual situation both in the economy as a whole and in the sectors, has developed and implemented in the Information and Analytical system Globas-i the calculation of practical values of financial ratios, which can be recognized as normal for a particular industry. For leasing companies the practical value of the accounts payable turnover is up to 338,29 times.

For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention to all available combination of company’s financial indicators and ratios.

The average values of accounts payable turnover in 2015 as well in the group of TOP-10, as in the group TOP-100 companies stay within parameters of the practical value. However, three from TOP-10 companies (marked with a yellow filling in Table 1 and in Picture 1) have not met these parameters.

The volume of revenue of 10 the largest companies is 44% of the total revenue of 100 the largest enterprises. It points to a relatively high level of monopolization in this industry. Thus, the shares of the largest firms in terms of revenue in 2015 made 21% in the total revenue of the group of TOP-100 companies. (Picture 2).

Nine from TOP-10 companies got the highest or high solvency index Глобас-i®U, that points to their ability to repay their debts in time and fully.

BRANSVIK REIL LLC got satisfactory solvency index Глобас-i® due to the information on its participation as a defendant in arbitration court proceedings in terms of debt collection, on cases of untimely fulfillment of its obligations, as well as the loss in the structure of balance sheet indicators. The forecast for index development is stable.

Three from TOP-10 companies have reduced indicators of revenue in 2015 compared to the previous period or have a loss (are marked with red filling in Table 1).

In the group of TOP-100 companies there were 27 unprofitable companies in 2014, and in 2015 their number decreased to 25.

The indicators of Russian leasing companies in monetary terms have not been stable in recent years and are under pressure of the macroeconomic situation in the economy as a whole, that is confirmed by the data of the Federal State Statistics Service (Picture 3 и Table 2).

In 2016 the largest revenue was by companies, renting various machines and equipment, household products and personal demand items, and the least – by firms, renting commercial equipment.

The leasing enterprises are distributed unevenly throughout the country, leaning toward two the biggest cities, where the largest financial resources are concentrated. This is confirmed by data of the Information and Analytical system Глобас-i, according to which 100 the largest companies in terms of revenue for 2015 are registered in 32 regions of Russia (Picture 4).