CANAL MHIRSI SERVICES : revenue, balance sheet and financial ratios

CANAL MHIRSI SERVICES is a French company founded 8 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in DECINES-CHARPIEU (69150), this company of category PME shows in 2023 a revenue of 291 k€. 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 - CANAL MHIRSI SERVICES (SIREN 832554737)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue N/C 290 563 € 199 078 € 236 342 € 153 516 € 237 625 € 252 603 €
Net income 0 € 9 402 € 296 € 23 415 € 14 331 € 15 256 € -8 392 €
EBITDA N/C 12 042 € -3 230 € 33 160 € 15 110 € 20 872 € -1 618 €
Net margin N/C 3.2% 0.1% 9.9% 9.3% 6.4% -3.3%

Revenue and income statement

In 2024, CANAL MHIRSI SERVICES records a net loss of 0 €. This deficit will reduce equity on the balance sheet.

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Chart evolution

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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 46%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory.

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

46.472%

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

20.251%

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

33.0%

Solvency indicators evolution
CANAL MHIRSI SERVICES

Sector positioning

Debt ratio
46.47 2024
2022
2023
2024
Q1: 5.46
Med: 23.95
Q3: 69.2
Average

In 2024, the debt ratio of CANAL MHIRSI SERVICES (46.47) 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
20.25% 2024
2022
2023
2024
Q1: 21.34%
Med: 45.54%
Q3: 63.3%
Average -5 pts over 3 years

In 2024, the financial autonomy of CANAL MHIRSI SERVICES (20.2%) 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
0.42 years 2023
2022
2023
Q1: 0.0 years
Med: 0.6 years
Q3: 2.26 years
Good -33 pts over 2 years

In 2023, the repayment capacity of CANAL MHIRSI SERVICES (0.42) 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 154.65. 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

154.649

Liquidity indicators evolution
CANAL MHIRSI SERVICES

Sector positioning

Liquidity ratio
154.65 2024
2022
2023
2024
Q1: 142.55
Med: 216.97
Q3: 327.22
Average

In 2024, the liquidity ratio of CANAL MHIRSI SERVICES (154.65) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.99x 2023
2022
2023
Q1: 0.0x
Med: 0.64x
Q3: 3.56x
Good +28 pts over 2 years

In 2023, the interest coverage of CANAL MHIRSI SERVICES (1.0x) 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 (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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
CANAL MHIRSI SERVICES

Positioning of CANAL MHIRSI SERVICES in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Similar companies (Entretien et réparation de véhicules automobiles légers)

Compare CANAL MHIRSI SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about CANAL MHIRSI SERVICES

What is the revenue of CANAL MHIRSI SERVICES ?

The revenue of CANAL MHIRSI SERVICES in 2023 is 291 k€.

Is CANAL MHIRSI SERVICES profitable?

Yes, CANAL MHIRSI SERVICES generated a net profit of 9 k€ in 2023.

Where is the headquarters of CANAL MHIRSI SERVICES ?

The headquarters of CANAL MHIRSI SERVICES is located in DECINES-CHARPIEU (69150), in the department Rhone.

Where to find the tax return of CANAL MHIRSI SERVICES ?

The tax return of CANAL MHIRSI SERVICES 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 CANAL MHIRSI SERVICES operate?

CANAL MHIRSI SERVICES operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.