GOLF CLUB DE CANNES MANDELIEU : revenue, balance sheet and financial ratios

GOLF CLUB DE CANNES MANDELIEU is a French company founded 30 years ago, specialized in the sector Gestion d'installations sportives. Based in MANDELIEU-LA-NAPOULE (06210), this company of category PME shows in 2024 a revenue of 5.4 M€. 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

Financial history - GOLF CLUB DE CANNES MANDELIEU (SIREN 404948283)
Indicator 2024 2023 2022 2021 2019 2018 2017
Revenue 5 384 822 € 5 467 461 € 4 886 407 € 3 297 733 € 4 210 404 € 3 926 663 € 4 318 129 €
Net income -237 092 € -101 333 € -185 944 € 118 594 € 168 105 € -58 982 € 158 060 €
EBITDA 145 855 € 318 039 € 69 304 € 248 378 € -420 040 € -250 746 € 108 115 €
Net margin -4.4% -1.9% -3.8% 3.6% 4.0% -1.5% 3.7%

Revenue and income statement

In 2024, GOLF CLUB DE CANNES MANDELIEU achieves revenue of 5.4 M€. Revenue is growing positively over 7 years (CAGR: +3.2%). Slight decline of -2% vs 2023. After deducting consumption (929 k€), gross margin stands at 4.5 M€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 146 k€, representing 2.7% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -54%, reducing margin by 3.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -237 k€ (-4.4% 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

5 384 822 €

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

4 455 364 €

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

145 855 €

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

-342 480 €

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

-237 092 €

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

2.7%

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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 65%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 40%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 4.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

65.098%

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

39.9%

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

4.201%

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

9.108

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

44.2%

Solvency indicators evolution
GOLF CLUB DE CANNES MANDELIEU

Sector positioning

Debt ratio
65.1 2024
2022
2023
2024
Q1: -17.27
Med: 5.13
Q3: 92.8
Average

In 2024, the debt ratio of GOLF CLUB DE CANNES MANDE... (65.10) 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
39.9% 2024
2022
2023
2024
Q1: -6.71%
Med: 15.59%
Q3: 43.78%
Good

In 2024, the financial autonomy of GOLF CLUB DE CANNES MANDE... (39.9%) 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
9.11 years 2024
2022
2023
2024
Q1: -0.24 years
Med: 0.01 years
Q3: 2.13 years
Watch

In 2024, the repayment capacity of GOLF CLUB DE CANNES MANDE... (9.11) 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 50.25. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 21.0x. Operating income very largely covers interest expenses: high safety margin.

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

50.25

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

20.987

Liquidity indicators evolution
GOLF CLUB DE CANNES MANDELIEU

Sector positioning

Liquidity ratio
50.25 2024
2022
2023
2024
Q1: 63.6
Med: 125.65
Q3: 265.45
Watch -23 pts over 3 years

In 2024, the liquidity ratio of GOLF CLUB DE CANNES MANDE... (50.25) 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
20.99x 2024
2022
2023
2024
Q1: -0.45x
Med: 0.07x
Q3: 7.41x
Excellent

In 2024, the interest coverage of GOLF CLUB DE CANNES MANDE... (21.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 11 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 169 days. Excellent situation: suppliers finance 158 days of the operating cycle (retail model). Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-26 days): operations structurally generate cash. Over 2017-2024, WCR increased by +32%, 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

-394 977 €

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

11 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

169 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

14 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

-26 j

WCR and payment terms evolution
GOLF CLUB DE CANNES MANDELIEU

Positioning of GOLF CLUB DE CANNES MANDELIEU in its sector

Comparison with sector Gestion d'installations sportives

Valuation estimate

Based on 73 transactions of similar company sales (all years), the value of GOLF CLUB DE CANNES MANDELIEU is estimated at 1 521 611 € (range 573 451€ - 2 447 777€). With an EBITDA of 145 855€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.57x (in line with sector norms). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
73 tx
573k€ 1521k€ 2447k€
1 521 611 € Range: 573 451€ - 2 447 777€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
145 855 € × 4.0x
Estimation 588 422 €
335 002€ - 939 695€
Revenue Multiple 30%
5 384 822 € × 0.57x
Estimation 3 076 926 €
970 866€ - 4 961 249€
How is this estimate calculated?

This estimate is based on the analysis of 73 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 (Gestion d'installations sportives)

Compare GOLF CLUB DE CANNES MANDELIEU with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations sportives

Frequently asked questions about GOLF CLUB DE CANNES MANDELIEU

What is the revenue of GOLF CLUB DE CANNES MANDELIEU ?

The revenue of GOLF CLUB DE CANNES MANDELIEU in 2024 is 5.4 M€.

Is GOLF CLUB DE CANNES MANDELIEU profitable?

GOLF CLUB DE CANNES MANDELIEU recorded a net loss in 2024.

Where is the headquarters of GOLF CLUB DE CANNES MANDELIEU ?

The headquarters of GOLF CLUB DE CANNES MANDELIEU is located in MANDELIEU-LA-NAPOULE (06210), in the department Alpes-Maritimes.

Where to find the tax return of GOLF CLUB DE CANNES MANDELIEU ?

The tax return of GOLF CLUB DE CANNES MANDELIEU 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 GOLF CLUB DE CANNES MANDELIEU operate?

GOLF CLUB DE CANNES MANDELIEU operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.