Employees: NN (None)Legal category: SCA (commandite par actions)Size: ETICreation date: 2004-06-24 (21 years)Status: ActiveBusiness sector: Fabrication d'autres équipements automobilesLocation: NEUILLY-SUR-SEINE (92200), Hauts-de-Seine
MERITOR AXLES FRANCE SAS : revenue, balance sheet and financial ratios
MERITOR AXLES FRANCE SAS is a French company
founded 21 years ago,
specialized in the sector Fabrication d'autres équipements automobiles.
Based in NEUILLY-SUR-SEINE (92200),
this company of category ETI
shows in 2014 a revenue of 818€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - MERITOR AXLES FRANCE SAS (SIREN 477565907)
Indicator
2021
2020
2019
2018
2017
2016
2015
2014
2013
Revenue
N/C
N/C
N/C
N/C
N/C
N/C
N/C
818 €
2 741 €
Net income
-1 198 375 €
-1 147 661 €
1 396 024 €
-30 854 €
903 051 €
693 253 €
271 768 €
374 640 €
253 332 €
EBITDA
-47 066 €
-49 369 €
-84 739 €
-59 022 €
-64 386 €
-100 292 €
-161 231 €
-267 567 €
90 959 €
Net margin
N/C
N/C
N/C
N/C
N/C
N/C
N/C
45799.5%
9242.3%
Revenue and income statement
In 2021, MERITOR AXLES FRANCE SAS records a net loss of 1.2 M€. This deficit will reduce equity on the balance sheet.
EBITDA (2021)
?
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
-47 066 €
EBIT (2021)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-47 066 €
Net income (2021)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-1 198 375 €
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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 -100%. 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 -8430195%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2021)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
-99.935%
Financial autonomy (2021)
?
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
-8430194.889%
Repayment capacity (2021)
?
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
-31.635
Solvency indicators evolution MERITOR AXLES FRANCE SAS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2013
2014
2015
2016
2017
2018
2019
2020
2021
Debt ratio
-0.011
0.0
0.0
0.0
-92.34
-92.944
-99.765
-99.753
-99.935
Financial autonomy
-7259.846
-22133.27
-347622.317
-232872.375
-859818.776
-774573.089
-305780.909
-9796666.933
-8430194.889
Repayment capacity
-0.033
0.0
0.0
0.0
143.459
-149.954
29.309
-30.128
-31.635
Cash flow / Revenue
-4682.671%
-166894.499%
None%
None%
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
-99.942021
2019
2020
2021
Q1: 0.0
Med: 6.2
Q3: 68.14
Excellent
In 2021, the debt ratio of MERITOR AXLES FRANCE SAS (-99.94) 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
-8430194.89%2021
2019
2020
2021
Q1: 13.56%
Med: 38.62%
Q3: 58.52%
Watch-12 pts over 3 years
In 2021, the financial autonomy of MERITOR AXLES FRANCE SAS (-8430194.9%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
Repayment capacity
-31.64 years2021
2019
2020
2021
Q1: 0.0 years
Med: 0.01 years
Q3: 1.57 years
Excellent-61 pts over 3 years
In 2021, the repayment capacity of MERITOR AXLES FRANCE SAS (-31.64) 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 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.
Liquidity ratio (2021)
?
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
0.0
Interest coverage (2021)
?
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
-2446.382
Liquidity indicators evolution MERITOR AXLES FRANCE SAS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2013
2014
2015
2016
2017
2018
2019
2020
2021
Liquidity ratio
1.505
0.476
0.03
0.041
0.18
0.202
43.936
0.0
0.0
Interest coverage
200.516
-79.151
-104.008
-172.675
-266.85
-293.301
-1227.331
-2212.964
-2446.382
Sector positioning
Liquidity ratio
0.02021
2019
2020
2021
Q1: 120.2
Med: 185.23
Q3: 286.15
Watch-9 pts over 3 years
In 2021, the liquidity ratio of MERITOR AXLES FRANCE SAS (0.00) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
-2446.38x2021
2019
2020
2021
Q1: -1.99x
Med: 0.05x
Q3: 2.51x
Watch+8 pts over 3 years
In 2021, the interest coverage of MERITOR AXLES FRANCE SAS (-2446.4x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
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: 161 days. Excellent situation: suppliers finance 161 days of the operating cycle (retail model).
Operating WCR (2021)
?
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 (2021)
?
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 (2021)
?
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
161 j
Inventory turnover (2021)
?
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 MERITOR AXLES FRANCE SAS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2013
2014
2015
2016
2017
2018
2019
2020
2021
Operating WCR
-34 196 853 €
-35 627 592 €
0 €
0 €
0 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
0
30984
0
0
0
0
0
0
0
Supplier payment term (days)
-19891
1084
2010
1133
647
590
94
164
161
Positioning of MERITOR AXLES FRANCE SAS in its sector
Comparison with sector Fabrication d'autres équipements automobiles
Similar companies (Fabrication d'autres équipements automobiles)
Compare MERITOR AXLES FRANCE SAS with other companies in the same sector:
Frequently asked questions about MERITOR AXLES FRANCE SAS
What is the revenue of MERITOR AXLES FRANCE SAS ?
The revenue of MERITOR AXLES FRANCE SAS in 2014 is 818€.
Is MERITOR AXLES FRANCE SAS profitable?
MERITOR AXLES FRANCE SAS recorded a net loss in 2021.
Where is the headquarters of MERITOR AXLES FRANCE SAS ?
The headquarters of MERITOR AXLES FRANCE SAS is located in NEUILLY-SUR-SEINE (92200), in the department Hauts-de-Seine.
Where to find the tax return of MERITOR AXLES FRANCE SAS ?
The tax return of MERITOR AXLES FRANCE SAS 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 MERITOR AXLES FRANCE SAS operate?
MERITOR AXLES FRANCE SAS operates in the sector Fabrication d'autres équipements automobiles (NAF code 29.32Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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