2M is a French company
founded 7 years ago,
specialized in the sector Restauration traditionnelle.
Based in L'ISLE-SUR-LA-SORGUE (84800),
this company of category PME
shows in 2020 a revenue of 162 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2021, 2M records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2019-2020: 17 k€ -> 0 €.
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 70%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory.
Debt ratio (2021)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
69.943%
Financial autonomy (2021)
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Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
21.998%
Asset age ratio (2021)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
Debt ratio
237.076
237.094
69.943
Financial autonomy
21.093
42.212
21.998
Repayment capacity
0.0
0.0
None
Cash flow / Revenue
21.268%
19.436%
None%
Sector positioning
Debt ratio
69.942021
2019
2020
2021
Q1: 1.38
Med: 53.42
Q3: 168.44
Average-21 pts over 3 years
In 2021, the debt ratio of 2M (69.94) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
22.0%2021
2019
2020
2021
Q1: 9.07%
Med: 32.0%
Q3: 55.27%
Average
In 2021, the financial autonomy of 2M (22.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
0.0 years2020
2019
2020
Q1: -1.82 years
Med: 0.07 years
Q3: 3.69 years
Good+24 pts over 2 years
In 2020, the repayment capacity of 2M (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 10.85. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2021)
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Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
10.853
Liquidity indicators evolution 2M
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2020
2021
Liquidity ratio
11.82
15.046
10.853
Interest coverage
0.0
0.411
None
Sector positioning
Liquidity ratio
10.852021
2019
2020
2021
Q1: 86.42
Med: 176.93
Q3: 313.83
Watch
In 2021, the liquidity ratio of 2M (10.85) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
0.41x2020
2019
2020
Q1: -1.09x
Med: 0.0x
Q3: 3.0x
Good+28 pts over 2 years
In 2020, the interest coverage of 2M (0.4x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2021)
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Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
0 €
Customer credit (2021)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
0 j
Supplier credit (2021)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
0 j
Inventory turnover (2021)
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Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
0 j
WCR and payment terms evolution 2M
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
Operating WCR
-166 094 €
-214 085 €
0 €
Inventory turnover (days)
0
8
0
Customer payment term (days)
46
0
0
Supplier payment term (days)
72
102
0
Positioning of 2M in its sector
Comparison with sector Restauration traditionnelle
Similar companies (Restauration traditionnelle)
Compare 2M with other companies in the same sector:
The headquarters of 2M is located in L'ISLE-SUR-LA-SORGUE (84800), in the department Vaucluse.
Where to find the tax return of 2M ?
The tax return of 2M is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
In which sector does 2M operate?
2M operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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