ECOLE SUPERIEURE DE COMMERCE EXTERIEUR : revenue, balance sheet and financial ratios

ECOLE SUPERIEURE DE COMMERCE EXTERIEUR is a French company founded 126 years ago, specialized in the sector Enseignement supérieur. Based in COURBEVOIE (92400), this company of category ETI shows in 2024 a revenue of 27.0 M€. 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 - ECOLE SUPERIEURE DE COMMERCE EXTERIEUR (SIREN 784713521)
Indicator 2024 2023 2022 2020 2019 2018 2017 2016
Revenue 27 038 720 € 26 402 233 € 24 684 856 € 25 089 420 € 25 113 236 € 29 591 100 € 20 787 945 € 30 823 838 €
Net income -4 412 588 € -2 824 499 € -269 677 € 369 655 € 4 082 149 € 6 178 215 € 5 593 313 € 5 212 858 €
EBITDA -6 673 504 € -5 243 603 € -1 086 846 € 897 886 € 2 209 588 € 5 606 279 € 7 964 736 € 5 184 411 €
Net margin -16.3% -10.7% -1.1% 1.5% 16.3% 20.9% 26.9% 16.9%

Revenue and income statement

In 2024, ECOLE SUPERIEURE DE COMMERCE EXTERIEUR achieves revenue of 27.0 M€. Activity remains stable over the period (CAGR: -1.6%). Vs 2023: +2%. After deducting consumption (0 €), gross margin stands at 27.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -6.7 M€, representing -24.7% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -27%, reducing margin by 4.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -4.4 M€ (-16.3% of revenue), which will impact equity.

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

27 038 720 €

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

27 038 720 €

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

-6 673 504 €

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

-6 925 781 €

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

-4 412 588 €

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

-24.7%

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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 132%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 35%. 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

132.06%

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

34.824%

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

-24.648%

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

-2.528

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

7.9%

Solvency indicators evolution
ECOLE SUPERIEURE DE COMMERCE EXTERIEUR

Sector positioning

Debt ratio
132.06 2024
2022
2023
2024
Q1: 0.0
Med: 8.78
Q3: 61.21
Watch +30 pts over 3 years

In 2024, the debt ratio of ECOLE SUPERIEURE DE COMME... (132.06) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
34.82% 2024
2022
2023
2024
Q1: 6.54%
Med: 29.86%
Q3: 50.98%
Good -25 pts over 3 years

In 2024, the financial autonomy of ECOLE SUPERIEURE DE COMME... (34.8%) 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
-2.53 years 2024
2022
2023
2024
Q1: -0.02 years
Med: 0.0 years
Q3: 1.33 years
Excellent -47 pts over 3 years

In 2024, the repayment capacity of ECOLE SUPERIEURE DE COMME... (-2.53) 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 304.52. 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

304.52

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

-19.656

Liquidity indicators evolution
ECOLE SUPERIEURE DE COMMERCE EXTERIEUR

Sector positioning

Liquidity ratio
304.52 2024
2022
2023
2024
Q1: 110.28
Med: 212.08
Q3: 380.89
Good

In 2024, the liquidity ratio of ECOLE SUPERIEURE DE COMME... (304.52) 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.

Interest coverage
-19.66x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.18x
Q3: 3.72x
Watch

In 2024, the interest coverage of ECOLE SUPERIEURE DE COMME... (-19.7x) 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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. Favorable situation: supplier credit is longer than customer credit by 6 days. Overall, WCR represents 253 days of revenue, i.e. 19.0 M€ to permanently finance. Over 2016-2024, WCR increased by +274%, requiring additional financing.

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

19 008 220 €

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

30 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

36 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 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

253 j

WCR and payment terms evolution
ECOLE SUPERIEURE DE COMMERCE EXTERIEUR

Positioning of ECOLE SUPERIEURE DE COMMERCE EXTERIEUR in its sector

Comparison with sector Enseignement supérieur

Valuation estimate

Based on 412 transactions of similar company sales (all years), the value of ECOLE SUPERIEURE DE COMMERCE EXTERIEUR is estimated at 7 889 250 € (range 4 090 846€ - 12 819 523€). The price/revenue ratio is 0.29x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
412 transactions
4090k€ 7889k€ 12819k€
7 889 250 € Range: 4 090 846€ - 12 819 523€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
27 038 720 € × 0.29x = 7 889 250 €
Range: 4 090 847€ - 12 819 523€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 412 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 (Enseignement supérieur)

Compare ECOLE SUPERIEURE DE COMMERCE EXTERIEUR with other companies in the same sector:

Voir toutes les statistiques du secteur Enseignement supérieur

Frequently asked questions about ECOLE SUPERIEURE DE COMMERCE EXTERIEUR

What is the revenue of ECOLE SUPERIEURE DE COMMERCE EXTERIEUR ?

The revenue of ECOLE SUPERIEURE DE COMMERCE EXTERIEUR in 2024 is 27.0 M€.

Is ECOLE SUPERIEURE DE COMMERCE EXTERIEUR profitable?

ECOLE SUPERIEURE DE COMMERCE EXTERIEUR recorded a net loss in 2024.

Where is the headquarters of ECOLE SUPERIEURE DE COMMERCE EXTERIEUR ?

The headquarters of ECOLE SUPERIEURE DE COMMERCE EXTERIEUR is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of ECOLE SUPERIEURE DE COMMERCE EXTERIEUR ?

The tax return of ECOLE SUPERIEURE DE COMMERCE EXTERIEUR 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 ECOLE SUPERIEURE DE COMMERCE EXTERIEUR operate?

ECOLE SUPERIEURE DE COMMERCE EXTERIEUR operates in the sector Enseignement supérieur (NAF code 85.42Z). See the 'Sector positioning' section above to compare the company with its competitors.