What are the top 5 industries in Russia?

As a majorly industrialized country, Russia continues to grow as its economy improves. Some of the best industries in the Russian Federation include the automotive industry, defense, electronics, finance, telecommunication, and energy.

Which industries have high current ratio?

Land subdivision, the highest current ratio among industries analyzed by Sageworks, is a fairly unique industry in that those companies buy large tracts of land and subdivide them for sale, so land being used as inventory can boost the current assets portion of the current ratio.

What is the industry average for current ratio?

between 1.0 and 3.0
The average current ratio varies from industry to industry, but is typically somewhere between 1.0 and 3.0.

What are Russia main industries?

Currently Russian consists of the following competitive industries: oil and gas, mining, processing precious stones and metals, aircraft building, aerospace production, weapons and military machinery manufacture, electric engineering, pulp-and-paper production, automotive industry, transport, road and agriculture …

What is Russia biggest industry?

The services industry is the most important sector of the economy of Russia. It includes a wide variety of specific economic activities, including: real estate, tourism, healthcare services, marketing, financial service, wholesale, retail trade, and personal and household goods.

Where can I find industry ratios?

The key source for industry ratios is the Annual Statement Studies published by the Risk Management Association (RMA). You will find the print editions in the library’s reference stacks. RMA ratios are also available online in the IBISWorld database.

What is the industry standard for current ratio?

between 0.5:1 and 2:1
Current ratio is typically expected to be between 0.5:1 and 2:1, depending on the industry and business type, for an entity to have sufficient current assets to satisfy its short-term liabilities as they fall due, without overinvesting in working capital.

Why is 1.5 A good current ratio?

Current Ratio The current liabilities refer to the business’ financial obligations that are payable within a year. Obviously, a higher current ratio is better for the business. A good current ratio is between 1.2 to 2, which means that the business has 2 times more current assets than liabilities to covers its debts.

What is the industry average current ratio?

A current ratio of 1.0 indicates that a company’s current assets are equal to its current liabilities. The average current ratio varies from industry to industry, but is typically somewhere between 1.0 and 3.0.

What are the industry average ratios?

To combine those two gives a term called industry averages. Industry averages ratios are summarized measure of company’s financial performance, in form of collection of data, usually financial ratio from a various type of business that offers different products and services.

What is Russia’s number one industry?