LEASECAR : revenue, balance sheet and financial ratios

LEASECAR is a French company founded 14 years ago, specialized in the sector Location de longue durée de voitures et de véhicules automobiles légers. Based in LE PORT (97420), this company of category PME shows in 2018 a revenue of 5.7 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 - LEASECAR (SIREN 535143424)
Indicator 2018 2017 2016
Revenue 5 658 481 € 5 350 937 € 4 910 441 €
Net income 325 768 € 332 463 € 333 894 €
EBITDA 595 672 € 729 170 € 840 319 €
Net margin 5.8% 6.2% 6.8%

Revenue and income statement

In 2018, LEASECAR achieves revenue of 5.7 M€. Over the period 2016-2018, the company shows strong growth with a CAGR (compound annual growth rate) of +7.3%. Vs 2017: +6%. After deducting consumption (566 k€), gross margin stands at 5.1 M€, i.e. a rate of 90%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 596 k€, representing 10.5% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by -18%, reducing margin by 3.1 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 326 k€, i.e. 5.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

5 658 481 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 092 858 €

EBITDA (2018) ?
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

595 672 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

293 786 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

325 768 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

10.5%

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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 239%. 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 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 8.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

239.423%

Financial autonomy (2018) ?
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

27.649%

Cash flow / Revenue (2018) ?
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

8.256%

Repayment capacity (2018) ?
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

4.712

Asset age ratio (2018) ?
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

65.8%

Solvency indicators evolution
LEASECAR

Sector positioning

Debt ratio
239.42 2018
2016
2017
2018
Q1: 0.01
Med: 65.17
Q3: 268.17
Average

In 2018, the debt ratio of LEASECAR (239.42) 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
27.65% 2018
2016
2017
2018
Q1: 10.76%
Med: 26.08%
Q3: 66.77%
Good +9 pts over 3 years

In 2018, the financial autonomy of LEASECAR (27.6%) 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
4.71 years 2018
2016
2017
2018
Q1: 0.0 years
Med: 1.48 years
Q3: 4.34 years
Average +6 pts over 3 years

In 2018, the repayment capacity of LEASECAR (4.71) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 720.71. 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 5.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2018) ?
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

720.707

Interest coverage (2018) ?
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

5.507

Liquidity indicators evolution
LEASECAR

Sector positioning

Liquidity ratio
720.71 2018
2016
2017
2018
Q1: 83.18
Med: 176.94
Q3: 393.19
Excellent

In 2018, the liquidity ratio of LEASECAR (720.71) 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
5.51x 2018
2016
2017
2018
Q1: 0.0x
Med: 1.13x
Q3: 4.6x
Excellent

In 2018, the interest coverage of LEASECAR (5.5x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 10 days. The gap of 39 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 89 days of revenue, i.e. 1.4 M€ to permanently finance. Over 2016-2018, WCR increased by +131%, requiring additional financing.

Operating WCR (2018) ?
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

1 398 607 €

Customer credit (2018) ?
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

49 j

Supplier credit (2018) ?
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

10 j

Inventory turnover (2018) ?
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 (2018) ?
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

89 j

WCR and payment terms evolution
LEASECAR

Positioning of LEASECAR in its sector

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

Valuation estimate

Based on 78 transactions of similar company sales in 2018, the value of LEASECAR is estimated at 9 638 084 € (range 5 916 220€ - 14 914 764€). With an EBITDA of 595 672€, the sector multiple of 14.7x is applied. The price/revenue ratio is 2.98x (premium 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2018
78 tx
5916k€ 9638k€ 14914k€
9 638 084 € Range: 5 916 220€ - 14 914 764€
NAF 5 année 2018

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
595 672 € × 14.7x
Estimation 8 740 602 €
5 931 123€ - 10 868 002€
Revenue Multiple 30%
5 658 481 € × 2.98x
Estimation 16 872 544 €
9 802 711€ - 24 090 904€
Net Income Multiple 20%
325 768 € × 3.2x
Estimation 1 030 101 €
49 230€ - 11 267 461€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 78 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 (Location de longue durée de voitures et de véhicules automobiles légers)

Compare LEASECAR with other companies in the same sector:

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

Frequently asked questions about LEASECAR

What is the revenue of LEASECAR ?

The revenue of LEASECAR in 2018 is 5.7 M€.

Is LEASECAR profitable?

Yes, LEASECAR generated a net profit of 326 k€ in 2018.

Where is the headquarters of LEASECAR ?

The headquarters of LEASECAR is located in LE PORT (97420), in the department La Reunion.

Where to find the tax return of LEASECAR ?

The tax return of LEASECAR 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 LEASECAR operate?

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