SIREN : 481585586
CORSICA TRADITION is a French company founded 21 years ago, specialized in the sector Promotion immobilière de logements. Based in CAGNES-SUR-MER (06800), this company of category PME shows in 2022 a revenue of 481 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | N/C | N/C | 481 161 € |
| Net income | -48 991 € | 86 579 € | 30 753 € |
| EBITDA | N/C | N/C | 54 203 € |
| Net margin | N/C | N/C | 6.4% |
In 2024, CORSICA TRADITION records a net loss of 49 k€. This deficit will reduce equity on the balance sheet.
-48 991 €
The debt ratio (= Financial debt / Equity x 100) stands at 66%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 56%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
66.304%
55.753%
51.6%
In 2024, the debt ratio of CORSICA TRADITION (66.30) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of CORSICA TRADITION (55.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2022, the repayment capacity of CORSICA TRADITION (5.50) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 377.65. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
377.655
In 2024, the liquidity ratio of CORSICA TRADITION (377.65) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2022, the interest coverage of CORSICA TRADITION (4.7x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
0 €
0 j
0 j
0 j
Compare CORSICA TRADITION with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière de logements
The revenue of CORSICA TRADITION in 2022 is 481 k€.
CORSICA TRADITION recorded a net loss in 2024.
The headquarters of CORSICA TRADITION is located in CAGNES-SUR-MER (06800), in the department Alpes-Maritimes.
The tax return of CORSICA TRADITION 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).
CORSICA TRADITION operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.