EXPLORER : revenue, balance sheet and financial ratios

EXPLORER is a French company founded 13 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in SAINT MARTIN (97150), this company of category PME shows in 2019 a revenue of 284 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - EXPLORER (SIREN 752298422)
Indicator 2021 2020 2019 2018 2017 2016 2015 2014
Revenue N/C N/C 284 330 € 165 198 € 1 778 656 € 768 422 € 239 968 € 208 579 €
Net income -7 547 € -57 828 € 11 837 € 209 007 € -56 965 € 44 768 € 38 438 € 56 717 €
EBITDA N/C N/C -115 658 € -107 500 € 43 372 € 64 243 € 46 340 € 56 972 €
Net margin N/C N/C 4.2% 126.5% -3.2% 5.8% 16.0% 27.2%

Revenue and income statement

In 2021, EXPLORER records a net loss of 8 k€. This deficit will reduce equity on the balance sheet.

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-7 547 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 170%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 32%. 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

170.197%

Financial autonomy (2021) ?
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

31.806%

Solvency indicators evolution
EXPLORER

Sector positioning

Debt ratio
170.2 2021
2019
2020
2021
Q1: 0.0
Med: 38.31
Q3: 194.67
Average

In 2021, the debt ratio of EXPLORER (170.20) 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
31.81% 2021
2019
2020
2021
Q1: 6.21%
Med: 28.99%
Q3: 57.4%
Good

In 2021, the financial autonomy of EXPLORER (31.8%) 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
28.91 years 2019
2019
Q1: 0.0 years
Med: 0.02 years
Q3: 2.17 years
Watch

In 2019, the repayment capacity of EXPLORER (28.91) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 674.71. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

674.711

Liquidity indicators evolution
EXPLORER

Sector positioning

Liquidity ratio
674.71 2021
2019
2020
2021
Q1: 78.76
Med: 166.39
Q3: 353.87
Excellent

In 2021, the liquidity ratio of EXPLORER (674.71) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2019
2019
Q1: 0.0x
Med: 0.0x
Q3: 2.69x
Average

In 2019, the interest coverage of EXPLORER (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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) ?
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) ?
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
EXPLORER

Positioning of EXPLORER in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Similar companies (Location de courte durée de voitures et de véhicules automobiles légers)

Compare EXPLORER with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about EXPLORER

What is the revenue of EXPLORER ?

The revenue of EXPLORER in 2019 is 284 k€.

Is EXPLORER profitable?

EXPLORER recorded a net loss in 2021.

Where is the headquarters of EXPLORER ?

The headquarters of EXPLORER is located in SAINT MARTIN (97150), in the department Guadeloupe.

Where to find the tax return of EXPLORER ?

The tax return of EXPLORER 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 EXPLORER operate?

EXPLORER operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.