Employees: 03 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2013-10-01 (12 years)Status: ActiveBusiness sector: Commerce de voitures et de véhicules automobiles légersLocation: VITRE (35500), Ille-et-Vilaine
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
LOW COST AUTO : revenue, balance sheet and financial ratios
LOW COST AUTO is a French company
founded 12 years ago,
specialized in the sector Commerce de voitures et de véhicules automobiles légers.
Based in VITRE (35500),
this company of category PME
shows in 2015 a revenue of 308 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - LOW COST AUTO (SIREN 797700416)
Indicator
2017
2015
Revenue
N/C
307 559 €
Net income
0 €
852 €
EBITDA
N/C
2 038 €
Net margin
N/C
0.3%
Revenue and income statement
In 2017, LOW COST AUTO records a net loss of 0 €. This deficit will reduce equity on the balance sheet.
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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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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 147%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2017)
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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
147.217%
Financial autonomy (2017)
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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
49.617%
Asset age ratio (2017)
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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
2015
2017
Debt ratio
5032.83
147.217
Financial autonomy
42.569
49.617
Repayment capacity
0.0
None
Cash flow / Revenue
0.57%
None%
Sector positioning
Debt ratio
147.222017
2015
2017
Q1: 6.2
Med: 47.61
Q3: 154.06
Average
In 2017, the debt ratio of LOW COST AUTO (147.22) 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
49.62%2017
2015
2017
Q1: 13.26%
Med: 28.95%
Q3: 53.74%
Good
In 2017, the financial autonomy of LOW COST AUTO (49.6%) 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
0.0 years2015
2015
Q1: 0.0 years
Med: 0.0 years
Q3: 2.46 years
Excellent
In 2015, the repayment capacity of LOW COST AUTO (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 311.25. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2017)
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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
311.247
Liquidity indicators evolution LOW COST AUTO
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2015
2017
Liquidity ratio
85.963
311.247
Interest coverage
0.0
None
Sector positioning
Liquidity ratio
311.252017
2015
2017
Q1: 126.09
Med: 173.79
Q3: 307.04
Excellent+51 pts over 2 years
In 2017, the liquidity ratio of LOW COST AUTO (311.25) 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
0.0x2015
2015
Q1: 0.0x
Med: 0.0x
Q3: 7.59x
Average
In 2015, the interest coverage of LOW COST AUTO (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. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model).
Operating WCR (2017)
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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 (2017)
?
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 (2017)
?
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
37 j
Inventory turnover (2017)
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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 LOW COST AUTO
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2017
Operating WCR
-15 676 €
0 €
Inventory turnover (days)
51
0
Customer payment term (days)
3
0
Supplier payment term (days)
3
37
Positioning of LOW COST AUTO in its sector
Comparison with sector Commerce de voitures et de véhicules automobiles légers
Similar companies (Commerce de voitures et de véhicules automobiles légers)
Compare LOW COST AUTO with other companies in the same sector:
Yes, LOW COST AUTO generated a net profit of 852€ in 2015.
Where is the headquarters of LOW COST AUTO ?
The headquarters of LOW COST AUTO is located in VITRE (35500), in the department Ille-et-Vilaine.
Where to find the tax return of LOW COST AUTO ?
The tax return of LOW COST AUTO 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 LOW COST AUTO operate?
LOW COST AUTO operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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