Employees: 02 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1992-10-01 (33 years)Status: ActiveBusiness sector: Commerce de détail de meublesLocation: PUSEY (70000), Haute-Saone
MEUBLES MITTON RMC : revenue, balance sheet and financial ratios
MEUBLES MITTON RMC is a French company
founded 33 years ago,
specialized in the sector Commerce de détail de meubles.
Based in PUSEY (70000),
this company of category PME
shows in 2022 a revenue of 942 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - MEUBLES MITTON RMC (SIREN 388928004)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
N/C
N/C
941 650 €
890 459 €
831 453 €
1 030 850 €
1 114 785 €
1 410 114 €
N/C
Net income
-101 842 €
-63 626 €
-40 273 €
497 €
-89 590 €
-37 082 €
-2 414 €
-15 667 €
-34 947 €
EBITDA
N/C
N/C
-28 940 €
24 686 €
-63 488 €
-16 830 €
16 621 €
-242 020 €
N/C
Net margin
N/C
N/C
-4.3%
0.1%
-10.8%
-3.6%
-0.2%
-1.1%
N/C
Revenue and income statement
In 2024, MEUBLES MITTON RMC records a net loss of 102 k€. This deficit will reduce equity on the balance sheet.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-101 842 €
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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 97%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory.
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
96.585%
Financial autonomy (2024)
?
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
34.159%
Asset age ratio (2024)
?
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
2023
2024
Debt ratio
14.249
10.758
2.862
5.591
71.689
58.032
58.884
54.293
96.585
Financial autonomy
60.943
61.742
67.84
69.352
44.625
46.064
46.756
46.671
34.159
Repayment capacity
None
11.966
0.941
-1.322
-4.376
9.579
-7.152
None
None
Cash flow / Revenue
None%
0.317%
1.35%
-1.879%
-7.255%
2.327%
-2.849%
None%
None%
Sector positioning
Debt ratio
96.582024
2022
2023
2024
Q1: 1.63
Med: 24.85
Q3: 81.95
Average+17 pts over 3 years
In 2024, the debt ratio of MEUBLES MITTON RMC (96.58) 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
34.16%2024
2022
2023
2024
Q1: 11.72%
Med: 29.88%
Q3: 50.21%
Good-20 pts over 3 years
In 2024, the financial autonomy of MEUBLES MITTON RMC (34.2%) 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
-7.15 years2022
2022
Q1: 0.0 years
Med: 0.76 years
Q3: 2.91 years
Excellent
In 2022, the repayment capacity of MEUBLES MITTON RMC (-7.15) 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 246.53. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
?
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
246.526
Liquidity indicators evolution MEUBLES MITTON RMC
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
289.501
255.3
266.254
296.178
366.271
317.205
331.37
294.94
246.526
Interest coverage
None
-1.043
17.49
-10.873
-2.306
10.986
-10.812
None
None
Sector positioning
Liquidity ratio
246.532024
2022
2023
2024
Q1: 115.32
Med: 162.76
Q3: 261.62
Good
In 2024, the liquidity ratio of MEUBLES MITTON RMC (246.53) 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
-10.81x2022
2022
Q1: 0.0x
Med: 0.99x
Q3: 3.87x
Average
In 2022, the interest coverage of MEUBLES MITTON RMC (-10.8x) 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.
Operating WCR (2024)
?
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)
?
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)
?
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)
?
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 MEUBLES MITTON RMC
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
0 €
370 719 €
359 685 €
373 673 €
313 017 €
272 739 €
272 598 €
0 €
0 €
Inventory turnover (days)
0
117
142
149
165
160
147
0
0
Customer payment term (days)
0
3
3
4
8
4
4
0
0
Supplier payment term (days)
0
40
50
43
57
50
41
0
0
Positioning of MEUBLES MITTON RMC in its sector
Comparison with sector Commerce de détail de meubles
Similar companies (Commerce de détail de meubles)
Compare MEUBLES MITTON RMC with other companies in the same sector:
Frequently asked questions about MEUBLES MITTON RMC
What is the revenue of MEUBLES MITTON RMC ?
The revenue of MEUBLES MITTON RMC in 2022 is 942 k€.
Is MEUBLES MITTON RMC profitable?
MEUBLES MITTON RMC recorded a net loss in 2024.
Where is the headquarters of MEUBLES MITTON RMC ?
The headquarters of MEUBLES MITTON RMC is located in PUSEY (70000), in the department Haute-Saone.
Where to find the tax return of MEUBLES MITTON RMC ?
The tax return of MEUBLES MITTON RMC 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 MEUBLES MITTON RMC operate?
MEUBLES MITTON RMC operates in the sector Commerce de détail de meubles (NAF code 47.59A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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