ALCATEL SUBMARINE NETWORKS : revenue, balance sheet and financial ratios

ALCATEL SUBMARINE NETWORKS is a French company founded 33 years ago, specialized in the sector Construction de réseaux électriques et de télécommunications. Based in LES ULIS (91940), this company of category GE shows in 2024 a revenue of 1.1 Mds€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ALCATEL SUBMARINE NETWORKS (SIREN 389534256)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 086 912 000 € 1 138 539 465 € 1 144 204 197 € 946 723 238 € 692 355 905 € 568 884 781 € 533 926 880 € 709 992 163 € 747 929 648 €
Net income 26 618 000 € -13 765 650 € 25 058 875 € 4 596 742 € -89 139 650 € 4 351 440 € -61 772 399 € 6 831 910 € -71 396 427 €
EBITDA -33 114 000 € -16 146 834 € 10 592 026 € -22 607 817 € -87 474 818 € -50 418 894 € -23 262 567 € 29 360 955 € 35 062 147 €
Net margin 2.4% -1.2% 2.2% 0.5% -12.9% 0.8% -11.6% 1.0% -9.5%

Revenue and income statement

In 2024, ALCATEL SUBMARINE NETWORKS achieves revenue of 1.1 Bn€. Revenue is growing positively over 9 years (CAGR: +4.8%). Slight decline of -5% vs 2023. After deducting consumption (933.2 M€), gross margin stands at 153.7 M€, i.e. a rate of 14%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -33.1 M€, representing -3.0% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 26.6 M€, i.e. 2.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 086 912 000 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

153 676 000 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-33 114 000 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-48 142 000 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

26 618 000 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.0%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Cash flow represents 2380.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
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

27.822%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

2380.412%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

47.9%

Solvency indicators evolution
ALCATEL SUBMARINE NETWORKS

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.01
Med: 10.59
Q3: 57.34
Excellent

In 2024, the debt ratio of ALCATEL SUBMARINE NETWORKS (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
27.82% 2024
2022
2023
2024
Q1: 9.37%
Med: 24.02%
Q3: 46.92%
Good

In 2024, the financial autonomy of ALCATEL SUBMARINE NETWORKS (27.8%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.19 years
Excellent -19 pts over 3 years

In 2024, the repayment capacity of ALCATEL SUBMARINE NETWORKS (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 97.70. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

97.704

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-218.186

Liquidity indicators evolution
ALCATEL SUBMARINE NETWORKS

Sector positioning

Liquidity ratio
97.7 2024
2022
2023
2024
Q1: 144.08
Med: 203.1
Q3: 276.81
Watch

In 2024, the liquidity ratio of ALCATEL SUBMARINE NETWORKS (97.70) 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
-218.19x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.16x
Q3: 4.32x
Watch -63 pts over 3 years

In 2024, the interest coverage of ALCATEL SUBMARINE NETWORKS (-218.2x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 108 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 103 days. The company must finance 5 days of gap between collections and payments. Inventory turnover is 34 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 77 days of revenue, i.e. 231.6 M€ to permanently finance. Notable WCR improvement over the period (-36%), freeing up cash.

Operating WCR (2024) ?
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

231 620 947 €

Customer credit (2024) ?
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

108 j

Supplier credit (2024) ?
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

103 j

Inventory turnover (2024) ?
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

34 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

77 j

WCR and payment terms evolution
ALCATEL SUBMARINE NETWORKS

Positioning of ALCATEL SUBMARINE NETWORKS in its sector

Comparison with sector Construction de réseaux électriques et de télécommunications

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 5 696 673€ to 16 344 577€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
5696k€ 13282k€ 16344k€
13 282 698 € Range: 5 696 673€ - 16 344 577€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 37 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Construction de réseaux électriques et de télécommunications)

Compare ALCATEL SUBMARINE NETWORKS with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de réseaux électriques et de télécommunications

Frequently asked questions about ALCATEL SUBMARINE NETWORKS

What is the revenue of ALCATEL SUBMARINE NETWORKS ?

The revenue of ALCATEL SUBMARINE NETWORKS in 2024 is 1.1 Mds€.

Is ALCATEL SUBMARINE NETWORKS profitable?

Yes, ALCATEL SUBMARINE NETWORKS generated a net profit of 26.6 M€ in 2024.

Where is the headquarters of ALCATEL SUBMARINE NETWORKS ?

The headquarters of ALCATEL SUBMARINE NETWORKS is located in LES ULIS (91940), in the department Essonne.

Where to find the tax return of ALCATEL SUBMARINE NETWORKS ?

The tax return of ALCATEL SUBMARINE NETWORKS 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 ALCATEL SUBMARINE NETWORKS operate?

ALCATEL SUBMARINE NETWORKS operates in the sector Construction de réseaux électriques et de télécommunications (NAF code 42.22Z). See the 'Sector positioning' section above to compare the company with its competitors.