Employees: 00 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2015-06-01 (10 years)Status: ActiveBusiness sector: Entretien et réparation de véhicules automobiles légersLocation: VALENCIENNES (59300), Nord
PRATIC CARS : revenue, balance sheet and financial ratios
PRATIC CARS is a French company
founded 10 years ago,
specialized in the sector Entretien et réparation de véhicules automobiles légers.
Based in VALENCIENNES (59300),
this company of category PME
shows in 2017 a revenue of 212 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2021, PRATIC CARS 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 -704%. 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 69%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
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
-704.283%
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
68.984%
Solvency indicators evolution PRATIC CARS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
Debt ratio
-53.428
-69.543
-479.021
83.375
147.054
-704.283
Financial autonomy
8.712
465.107
87.512
27.669
54.027
68.984
Repayment capacity
0.0
0.0
None
None
None
None
Cash flow / Revenue
-4.076%
-4.671%
None%
None%
None%
None%
Sector positioning
Debt ratio
-704.282021
2019
2020
2021
Q1: 5.61
Med: 38.49
Q3: 119.45
Excellent-47 pts over 3 years
In 2021, the debt ratio of PRATIC CARS (-704.28) 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
68.98%2021
2019
2020
2021
Q1: 18.39%
Med: 39.81%
Q3: 59.58%
Excellent+39 pts over 3 years
In 2021, the financial autonomy of PRATIC CARS (69.0%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 134.05. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
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
134.053
Liquidity indicators evolution PRATIC CARS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
Liquidity ratio
82.909
11.159
72.343
143.399
996.815
134.053
Interest coverage
0.0
0.0
None
None
None
None
Sector positioning
Liquidity ratio
134.052021
2019
2020
2021
Q1: 138.02
Med: 211.9
Q3: 312.79
Watch-9 pts over 3 years
In 2021, the liquidity ratio of PRATIC CARS (134.05) 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.
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 (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
0 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 PRATIC CARS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
Operating WCR
-7 268 €
-13 027 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
Customer payment term (days)
0
0
437
0
0
0
Supplier payment term (days)
19
8
772
0
158
0
Positioning of PRATIC CARS in its sector
Comparison with sector Entretien et réparation de véhicules automobiles légers
Similar companies (Entretien et réparation de véhicules automobiles légers)
Compare PRATIC CARS with other companies in the same sector:
The headquarters of PRATIC CARS is located in VALENCIENNES (59300), in the department Nord.
Where to find the tax return of PRATIC CARS ?
The tax return of PRATIC CARS 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 PRATIC CARS operate?
PRATIC CARS operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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