Employees: 01 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 1965-01-01 (61 years)Status: ActiveBusiness sector: CoiffureLocation: SAINT-MAUR-DES-FOSSES (94210), Val-de-Marne
MIHAI : revenue, balance sheet and financial ratios
MIHAI is a French company
founded 61 years ago,
specialized in the sector Coiffure.
Based in SAINT-MAUR-DES-FOSSES (94210),
this company of category PME
shows in 2018 a revenue of 96 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2020, MIHAI records a net loss of 4 k€. This deficit will reduce equity on the balance sheet.
Net income (2020)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-4 327 €
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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 9%. 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 66%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2020)
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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
8.689%
Financial autonomy (2020)
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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
66.456%
Asset age ratio (2020)
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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
2017
2018
2019
2020
Debt ratio
42.876
0.672
4.817
8.689
Financial autonomy
51.571
69.105
70.077
66.456
Repayment capacity
0.071
0.02
None
None
Cash flow / Revenue
3.482%
13.274%
None%
None%
Sector positioning
Debt ratio
8.692020
2018
2019
2020
Q1: 0.0
Med: 24.25
Q3: 112.56
Good+8 pts over 3 years
In 2020, the debt ratio of MIHAI (8.69) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
Financial autonomy
66.46%2020
2018
2019
2020
Q1: 4.49%
Med: 30.33%
Q3: 57.61%
Excellent
In 2020, the financial autonomy of MIHAI (66.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.02 years2018
2018
Q1: 0.0 years
Med: 0.03 years
Q3: 2.02 years
Good
In 2018, the repayment capacity of MIHAI (0.02) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 140.67. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2020)
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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
140.674
Liquidity indicators evolution MIHAI
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2019
2020
Liquidity ratio
81.378
153.057
169.71
140.674
Interest coverage
1.964
0.212
None
None
Sector positioning
Liquidity ratio
140.672020
2018
2019
2020
Q1: 61.4
Med: 134.81
Q3: 240.56
Good-12 pts over 3 years
In 2020, the liquidity ratio of MIHAI (140.67) 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
0.21x2018
2018
Q1: 0.0x
Med: 0.15x
Q3: 5.12x
Good
In 2018, the interest coverage of MIHAI (0.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
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 (2020)
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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 (2020)
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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 (2020)
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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 (2020)
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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 MIHAI
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
Operating WCR
6 943 €
15 095 €
0 €
0 €
Inventory turnover (days)
24
23
0
0
Customer payment term (days)
0
0
0
0
Supplier payment term (days)
10
38
0
0
Positioning of MIHAI in its sector
Comparison with sector Coiffure
Similar companies (Coiffure)
Compare MIHAI with other companies in the same sector:
The headquarters of MIHAI is located in SAINT-MAUR-DES-FOSSES (94210), in the department Val-de-Marne.
Where to find the tax return of MIHAI ?
The tax return of MIHAI 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 MIHAI operate?
MIHAI operates in the sector Coiffure (NAF code 96.02A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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