TOP-10 software developers by solvency ratio
Information agency Credinform represents the ranking of the largest Russian software developers. The companies with the largest volume of annual revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (for 2015 - 2017). Then they were ranked by solvency ratio (Table 1). The analysis was made on the basis of the data of the Information and Analytical system Globas.
The ratio value below the minimum means a strong dependence on external sources of financing, that by deterioration in market environment may lead to a liquidity crisis and an unstable financial situation of a company.
The experts 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 the calculation of practical values of financial ratios that can be recognized as normal for a particular industry. For software developers the practical value of solvency ratio made from 0,04 up to 0,94 in 2017.
For getting of 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.
|Name, INN, region||Revenue, billion RUB||Net profit (loss), billion RUB||Solvency ratio (x), >0,5||Solvency index Globas|
INN 7736207543 Moscow
|KASPERSKY LAB NJSC
INN 7713140469 Moscow
|SKB KONTUR JSC
INN 6663003127 Sverdlovsk region
INN 7704340310 Moscow
|MICROSOFT RUS LLC
INN 7743528989 Moscow
INN 0278005403 Republic of Bashkortostan
|SBERBANK – TECHNOLOGIES NJSC
INN 7736632467 Moscow
|RT-INVEST TRANSPORT SYSTEMS LLC
INN 7704869777 Moscow
|FORS - DEVELOPMENT CENTER LLC
INN 7702270040 Moscow
|RVO GROUP LLC
INN 7702531291 Moscow
|Total by TOP-10 companies||154,15||198,61||18,08||19,10|
|Average value by TOP-10 companies||15,42||19,86||1,81||1,91||0,41||0,41|
|Industry average value||0,04||0,04||0,004||0,004||0,45||0,64|
improvement of the indicator to the previous period, decline in the indicator to the previous period.
The average value of the solvency ratio of TOP-10 enterprises is below industry average and recommended values. Seven companies improved results in 2017.
The industry average indicators of the solvency ratio tend to decrease over the course of 10 years (Picture 2).