Employees: 03 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1995-01-25 (31 years)Status: ActiveBusiness sector: Commerce de gros (commerce interentreprises) de matériel électriqueLocation: VITRE (35500), Ille-et-Vilaine
JET : revenue, balance sheet and financial ratios
JET is a French company
founded 31 years ago,
specialized in the sector Commerce de gros (commerce interentreprises) de matériel électrique.
Based in VITRE (35500),
this company of category PME
shows in 2022 a revenue of 2.7 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, JET generates positive net income of 45 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 72 k€ -> 45 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
45 090 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 25%. 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 57%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
25.392%
Financial autonomy (2024)
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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
57.027%
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2024
Debt ratio
65.313
50.27
37.662
31.017
118.492
81.476
57.273
25.392
Financial autonomy
33.658
36.641
39.636
42.826
35.075
38.482
40.52
57.027
Repayment capacity
3.12
3.308
2.485
4.658
None
None
3.647
None
Cash flow / Revenue
None%
2.206%
2.657%
1.303%
None%
None%
3.635%
None%
Sector positioning
Debt ratio
25.392024
2021
2022
2024
Q1: 0.09
Med: 9.52
Q3: 41.62
Average-13 pts over 3 years
In 2024, the debt ratio of JET (25.39) 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
57.03%2024
2021
2022
2024
Q1: 24.66%
Med: 46.87%
Q3: 64.83%
Good+16 pts over 3 years
In 2024, the financial autonomy of JET (57.0%) 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
3.65 years2022
2022
Q1: 0.0 years
Med: 0.14 years
Q3: 1.78 years
Watch
In 2022, the repayment capacity of JET (3.65) 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 328.77. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
328.772
Liquidity indicators evolution JET
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2024
Liquidity ratio
204.338
197.695
205.995
213.153
407.98
315.131
260.043
328.772
Interest coverage
-0.306
11.366
8.262
18.787
None
None
6.928
None
Sector positioning
Liquidity ratio
328.772024
2021
2022
2024
Q1: 164.48
Med: 234.82
Q3: 361.85
Good
In 2024, the liquidity ratio of JET (328.77) 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
6.93x2022
2022
Q1: 0.0x
Med: 0.63x
Q3: 4.25x
Excellent
In 2022, the interest coverage of JET (6.9x) 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.
Operating WCR (2024)
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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 (2024)
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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 (2024)
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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 (2024)
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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 JET
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2024
Operating WCR
0 €
909 615 €
868 202 €
814 914 €
0 €
0 €
1 137 344 €
0 €
Inventory turnover (days)
0
119
121
129
0
0
128
0
Customer payment term (days)
0
17
10
7
0
0
30
0
Supplier payment term (days)
58
65
71
68
0
0
66
0
Positioning of JET in its sector
Comparison with sector Commerce de gros (commerce interentreprises) de matériel électrique
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (32 transactions).
This range of 31 288€ to 226 925€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
31k€73k€226k€
73 330 €Range: 31 288€ - 226 925€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 32 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 (Commerce de gros (commerce interentreprises) de matériel électrique)
Compare JET with other companies in the same sector:
The headquarters of JET is located in VITRE (35500), in the department Ille-et-Vilaine.
Where to find the tax return of JET ?
The tax return of JET 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 JET operate?
JET operates in the sector Commerce de gros (commerce interentreprises) de matériel électrique (NAF code 46.69A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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