LOCA-GIRONDE TRANSPORTS : revenue, balance sheet and financial ratios

In 2024, LOCA-GIRONDE TRANSPORTS achieves revenue of 47 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +69.5%. Significant drop of -41% vs 2023. After deducting consumption (0 €), gross margin stands at 47 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 42 k€, representing 88.6% of revenue. Warning negative scissor effect: despite revenue change (-41%), EBITDA varies by -43%, reducing margin by 3.8 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 67 k€, i.e. 141.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 788%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 50.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 796.93. 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 4.1x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 313 days. Excellent situation: suppliers finance 285 days of the operating cycle (retail model). Overall, WCR represents 35 days of revenue, i.e. 5 k€ to permanently finance. Over 2017-2024, WCR increased by +31%, requiring additional financing.

Based on 169 transactions of similar company sales in 2024, the value of LOCA-GIRONDE TRANSPORTS is estimated at 220 317 € (range 62 947€ - 396 843€). With an EBITDA of 42 012€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.