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IXAAR ASSURANCE : revenue, balance sheet and financial ratios

IXAAR ASSURANCE is a French company founded 15 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in BORDEAUX (33200), this company of category PME shows in 2014 a revenue of 40 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

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

Financial history - IXAAR ASSURANCE (SIREN 522523653)
Indicator 2015 2014
Revenue N/C 40 217 €
Net income 0 € -8 837 €
EBITDA N/C -8 837 €
Net margin N/C -22.0%

Revenue and income statement

In 2015, IXAAR ASSURANCE 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 -408%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 87%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2015) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-408.448%

Financial autonomy (2015) ?
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

86.796%

Asset age ratio (2015) ?
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

96.6%

Solvency indicators evolution
IXAAR ASSURANCE

Sector positioning

Debt ratio
-408.45 2015
2014
2015
Q1: 0.0
Med: 4.51
Q3: 60.53
Excellent

In 2015, the debt ratio of IXAAR ASSURANCE (-408.45) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
86.8% 2015
2014
2015
Q1: 6.57%
Med: 36.3%
Q3: 67.22%
Excellent

In 2015, the financial autonomy of IXAAR ASSURANCE (86.8%) 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.

Repayment capacity
0.0 years 2014
2014
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Excellent

In 2014, the repayment capacity of IXAAR ASSURANCE (0.00) 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 72.76. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2015) ?
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

72.757

Liquidity indicators evolution
IXAAR ASSURANCE

Sector positioning

Liquidity ratio
72.76 2015
2014
2015
Q1: 80.98
Med: 149.69
Q3: 348.65
Average

In 2015, the liquidity ratio of IXAAR ASSURANCE (72.76) 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
0.0x 2014
2014
Q1: 0.0x
Med: 0.0x
Q3: 1.27x
Average

In 2014, the interest coverage of IXAAR ASSURANCE (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 (2015) ?
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 (2015) ?
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 (2015) ?
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 (2015) ?
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
IXAAR ASSURANCE

Positioning of IXAAR ASSURANCE in its sector

Comparison with sector Activités des agents et courtiers d'assurances

Similar companies (Activités des agents et courtiers d'assurances)

Compare IXAAR ASSURANCE with other companies in the same sector:

Frequently asked questions about IXAAR ASSURANCE

What is the revenue of IXAAR ASSURANCE ?

The revenue of IXAAR ASSURANCE in 2014 is 40 k€.

Is IXAAR ASSURANCE profitable?

IXAAR ASSURANCE recorded a net loss in 2014.

Where is the headquarters of IXAAR ASSURANCE ?

The headquarters of IXAAR ASSURANCE is located in BORDEAUX (33200), in the department Gironde.

Where to find the tax return of IXAAR ASSURANCE ?

The tax return of IXAAR ASSURANCE 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 IXAAR ASSURANCE operate?

IXAAR ASSURANCE operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.