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Financial analysis of VKM-Steel LLC
This financial profile page contains financial analisys of financial reports of VKM-Steel LLC. Financial analysis of financial reports of VKM-Steel LLC includes the analisys of income, income and expenses growth rates, analisys of working capital structure and annual dynamics. VKM-Steel LLC .
Financial reports of VKM-Steel LLC
This financial profile page of VKM-Steel LLC cosists of links to annual financial reports of VKM-Steel LLC. Flexible and user-friendly web-instruments enable horizontal and vertical analisys of indexes of financial reports of VKM-Steel LLC.
Liquidity and financial strength of VKM-Steel LLC
This financial profile page includes dynamic analisys of liquidity and financial strength of VKM-Steel LLC. Calculation of financial strength rating is based upon JSCo «Russian railways» methodics. Moreover, it presents Cash flow statement by indirect method for VKM-Steel LLC with the user-opportunity to change analitical period of cash flows of VKM-Steel LLC. Cash flow statement by indirect metod illustrates the directions of cash flows of VKM-Steel LLC in the certain period.
* This report is based upon data and information of spart-interfax.ru
Balance sheet VKM-Steel LLC
Profits and losses statement VKM-Steel LLC
*VKM-Steel LLC
| Foundation | 2005 |
| TIN | 1327000226 |
| PSRN | 1051327015101 |
| Web-site | http://rmrail.ru/structure/vkmsteel/ |
| Specialization | Production of Rolling Stock |
| Holding |
- RM Rail Holding |
I.Financial results review
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Revenues | mln RUB | 962,9 | 1 628,5 | 1 604,0 | 673,9 | 1 273,8 |
| Expenses | mln RUB | 992,9 | 1 606,8 | 2 301,3 | 1 613,5 | 1 933,7 |
| Operating expenses | mln RUB | 787,9 | 1 436,1 | 2 134,7 | 1 478,9 | 1 805,8 |
| General and Administrative expenses | mln RUB | 205,0 | 170,7 | 166,6 | 134,6 | 127,9 |
| Commercial expenses | mln RUB | 5,4 | 6,4 | 4,2 | 9,2 | 17,3 |
| Operating income/loss | mln RUB | -35,3 | 15,3 | -701,5 | -948,8 | -677,2 |
| Income/loss before taxation | mln RUB | -101,1 | -74,3 | -939,5 | -1 837,5 | -1 032,9 |
| Net income/loss | mln RUB | -89,9 | -66,0 | -810,4 | -1 659,5 | -754,2 |
| EBITDA | mln RUB | 12,9 | 153,2 | -658,3 | -1 552,5 | -722,7 |
| inc.Depreciation | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
Comparison of income, expenses and profit growth rates
| Units | 2013 | 2014 | 2015 | 2016 | |
| Income growth rate | % | 69,1 | -1,5 | -58,0 | 89,0 |
| Expenditure growth rate | % | 61,6 | 42,9 | -29,6 | 20,2 |
| Operating expenses growth rate | % | 82,3 | 48,6 | -30,7 | 22,1 |
| Commercial and Administrative expenses growth rate | % | -15,8 | -3,5 | -15,8 | 1,0 |
| Operating income growth rate | % | 143,2 | -4 697,5 | -35,2 | 28,6 |
| Profit before tax growth rate | % | 26,5 | -1 164,2 | -95,6 | 43,8 |
II.Return on capital
| Units | Abbr. | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Return on Sales | % | ROS | -9,34 | -4,05 | -50,53 | -246,26 | -59,21 |
| Pretax Profit margin | % | PPM | -10,49 | -4,56 | -58,57 | -272,68 | -81,09 |
| Operating margin | % | OPM | -3,67 | 0,94 | -43,74 | -140,80 | -53,16 |
| EBITDA profitability | % | EbitdaP | 1,34 | 9,41 | -41,04 | -230,39 | -56,73 |
| Return on Assets | % | ROA | -1,32 | -0,89 | -10,72 | -23,69 | -10,45 |
| Return on Invested Capital | % | ROIC | 0,57 | 4,91 | -15,84 | -56,72 | -39,44 |
| Weighted Average Cost of Capital | % | WACC | 27,2 | -30,0 | 4,5 | 6,9 | -89,7 |
| Cost of Equity | % | Re | 159,3 | -179,8 | 0,0 | 0,0 | 67,4 |
| Cost of Debt | % | Rd | 2,4 | 4,8 | 6,0 | 6,0 | 6,1 |
| Assets | mln RUB | A | 7 088,8 | 7 726,7 | 7 394,6 | 6 616,5 | 7 812,3 |
| Equity | mln RUB | E | 639,7 | 573,7 | -236,8 | -1 896,2 | -1 503,9 |
| Longterm Debt | mln RUB | D | 2 894,3 | 2 467,7 | 3 878,9 | 3 100,5 | 2 550,5 |
| Invested Capital | mln RUB | IC | 3 534,0 | 3 041,3 | 3 642,1 | 1 204,3 | 1 046,6 |
| Net Assets | mln RUB | NA | 7 088,8 | 7 726,7 | 7 394,6 | 6 616,5 | 7 812,2 |
III.Working capital
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Working capital | mln RUB | -1 294,5 | -1 838,8 | -2 378,0 | -3 020,9 | -3 244,7 |
| Current assets | mln RUB | 230,3 | 245,3 | 314,1 | 345,2 | 405,2 |
| Inventories | mln RUB | 196,4 | 217,0 | 212,8 | 219,1 | 198,8 |
| Accounts receivable | mln RUB | 15,5 | 10,9 | 31,8 | 43,8 | 106,1 |
| Cash and cash equivalents | mln RUB | 16,3 | 0,3 | 0,0 | 0,0 | 13,7 |
| Curent financial assets | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
| Other current assets | mln RUB | 2,0 | 17,0 | 69,5 | 82,3 | 86,7 |
| Current liabilities | mln RUB | 1 524,7 | 2 084,0 | 2 692,0 | 3 366,1 | 3 649,8 |
| Accounts payable | mln RUB | 1 504,3 | 2 039,0 | 2 651,7 | 3 314,7 | 3 616,9 |
| Other current liabilities | mln RUB | 20,5 | 45,1 | 40,4 | 51,4 | 32,9 |
Working capital turnover
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Working capital turnover | days | -361,8 | -351,1 | -479,8 | -1 462,2 | -900,1 |
| Current assets turnover | days | 119,9 | 53,3 | 63,6 | 178,6 | 107,8 |
| Inventories turnover | days | 81,0 | 46,3 | 48,9 | 117,0 | 60,0 |
| Accounts receivable turnover | days | 9,9 | 3,0 | 4,9 | 20,5 | 21,5 |
| Current liabilities turnover | days | 481,7 | 404,4 | 543,4 | 1 640,7 | 1 007,9 |
| Accounts payable turnover | days | 473,6 | 397,1 | 533,7 | 1 615,9 | 995,8 |
IV.Liquidity and financial strength
Methodology for Financial strength evaluation
sustainable
satisf.
poor
crisis
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Financial strength Rating | cat. | D | D | D | D | D |
| Financial strength Score | point | 4,75 | 4,75 | 4,00 | 4,75 | 5,00 |
| Level of financial strength | - | crisis | crisis | crisis | crisis | crisis |
| Liquidy coefficients | ||||||
| Current Ratio | - | 0,07| 1p. | 0,06| 1p. | 0,09| 1p. | 0,07| 1p. | 0,06| 1p. |
| Quick Ratio | - | 0,01| 1p. | 0,00| 1p. | 0,01| 1p. | 0,01| 1p. | 0,02| 1p. |
| Absolute Liquid Ratio | - | 0,00| 1p. | 0,00| 1p. | 0,00| 1p. | 0,00| 1p. | 0,00| 1p. |
| Indexes of financial stability | ||||||
| Financial independence ratio | - | 0,09| 1p. | 0,07| 1p. | -0,03| 1p. | -0,29| 1p. | -0,19| 1p. |
| Return indexes | ||||||
| Return on Sales | % | -9,34| 1p. | -4,05| 1p. | -50,53| 1p. | -246,26| 1p. | -59,21| 1p. |
| Resurn on Equity | % | -13,13| 1p. | -10,88| 1p. | -481,17| 1p. | 155,60| 4p. | 44,36| 4p. |
| Return on Assets | % | -1,32| 1p. | -0,89| 1p. | -10,72| 1p. | -23,69| 1p. | -10,45| 1p. |
| Indexes of economic activity | ||||||
| Accounts receivable growth rate | % | -57,57| 4p. | -29,92| 4p. | 191,97| 1p. | 37,92| 1p. | 142,16| 1p. |
| Accounts payable growth rate | % | 52,26| 1p. | 35,55| 1p. | 30,05| 1p. | 25,00| 1p. | 9,12| 2p. |
| Accounts receivable to Accounts payable ratio | - | 0,01| 1p. | 0,01| 1p. | 0,01| 1p. | 0,01| 1p. | 0,03| 1p. |
| Accounts receivable to Accounts payable turnovers' ratio | - | 0,02| 1p. | 0,01| 1p. | 0,01| 1p. | 0,01| 1p. | 0,02| 1p. |
V.Cash flow statement indirect method
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Cash at the beginning of the period | mln RUB | 39,5 | 16,3 | 0,3 | 0,0 | 0,0 |
| Net profit | mln RUB | -89,9 | -66,0 | -810,4 | -1 659,5 | -754,2 |
| Amortization | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
| Revaluation and deferred taxes [+] | mln RUB | 2 168,9 | -2 193,3 | -139,2 | 354,3 | -1 467,4 |
| Decrease in Inventories | mln RUB | 33,2 | -20,6 | 4,2 | -6,2 | 20,3 |
| Descrease in Accounts receivable | mln RUB | 21,1 | 4,6 | -20,9 | -12,0 | -62,3 |
| Increase in Accounts payable | mln RUB | 516,3 | 534,7 | 612,7 | 663,0 | 302,2 |
| Changes in other working capital | mln RUB | 91,5 | 9,6 | -57,1 | -1,8 | -22,8 |
| Net cash used in investing activities | mln RUB | -1 670,7 | 571,9 | 535,4 | 428,6 | 369,0 |
| Net cash from financial activities | mln RUB | -3,1 | 52,5 | -125,0 | 233,6 | 482,2 |
| Contribution to share capital [+] | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
| Dividends and other distrubution of net profit [-] | mln RUB | -1 090,5 | 1 090,5 | 0,0 | 0,0 | 1 146,5 |
| Cash at the end of the period | mln RUB | 16,3 | 0,3 | 0,0 | 0,0 | 13,7 |
* This report is based upon data and information of spart-interfax.ru