APPLICATIONS PLASTIQUES INDUSTRIELLES RHONE ALPES : revenue, balance sheet and financial ratios

In 2025, APPLICATIONS PLASTIQUES INDUSTRIELLES RHONE ALPES achieves revenue of 591 k€. Activity remains stable over the period (CAGR: -4.3%). Significant drop of -11% vs 2023. After deducting consumption (146 k€), gross margin stands at 445 k€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -332 k€, representing -56.2% of revenue. Warning negative scissor effect: despite revenue change (-11%), EBITDA varies by -17%, reducing margin by 13.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 21 k€, i.e. 3.6% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 3214%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 3%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 31.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 261.54. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 66 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 24 days. The gap of 42 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 87 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 155 days of revenue, i.e. 254 k€ to permanently finance.

Indicative estimate only : the number of comparable transactions in this sector is limited (46 transactions). This range of 36 078€ to 193 256€ is provided for information purposes only and requires in-depth analysis to be confirmed.