RESIDENCE CANNES PALAIS APPART'HOTEL : revenue, balance sheet and financial ratios

RESIDENCE CANNES PALAIS APPART'HOTEL is a French company founded 17 years ago, specialized in the sector Hébergement touristique et autre hébergement de courte durée . Based in PARIS (75016), this company of category PME shows in 2024 a revenue of 2.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - RESIDENCE CANNES PALAIS APPART'HOTEL (SIREN 508761996)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 803 118 € 3 148 813 € 2 008 824 € 1 093 959 € 739 175 € 2 442 545 € 368 431 € N/C N/C
Net income -622 532 € -629 622 € -573 127 € -726 776 € -1 234 693 € -441 285 € -894 053 € -457 818 € -330 884 €
EBITDA 846 287 € 851 123 € 560 071 € 273 315 € -225 943 € 671 064 € -260 251 € -74 495 € -95 990 €
Net margin -22.2% -20.0% -28.5% -66.4% -167.0% -18.1% -242.7% N/C N/C

Revenue and income statement

In 2024, RESIDENCE CANNES PALAIS APPART'HOTEL achieves revenue of 2.8 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +40.2%. Significant drop of -11% vs 2023. After deducting consumption (0 €), gross margin stands at 2.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 846 k€, representing 30.2% of revenue. Positive scissor effect: EBITDA margin improves by +3.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -623 k€ (-22.2% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 803 118 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 803 118 €

EBITDA (2024) ?
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

846 287 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

194 803 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-622 532 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

30.2%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -2866%. 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 -4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 752.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-2865.752%

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

-3.519%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

0.844%

Repayment capacity (2024) ?
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

751.954

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

80.7%

Solvency indicators evolution
RESIDENCE CANNES PALAIS APPART'HOTEL

Sector positioning

Debt ratio
-2865.75 2024
2022
2023
2024
Q1: -3.79
Med: 0.16
Q3: 69.98
Excellent

In 2024, the debt ratio of RESIDENCE CANNES PALAIS A... (-2865.75) 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
-3.52% 2024
2022
2023
2024
Q1: 0.0%
Med: 9.22%
Q3: 47.63%
Average

In 2024, the financial autonomy of RESIDENCE CANNES PALAIS A... (-3.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
751.95 years 2024
2022
2023
2024
Q1: -0.19 years
Med: 0.0 years
Q3: 2.6 years
Watch

In 2024, the repayment capacity of RESIDENCE CANNES PALAIS A... (751.95) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 91.69. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 96.4x. Operating income very largely covers interest expenses: high safety margin.

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

91.687

Interest coverage (2024) ?
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

96.428

Liquidity indicators evolution
RESIDENCE CANNES PALAIS APPART'HOTEL

Sector positioning

Liquidity ratio
91.69 2024
2022
2023
2024
Q1: 33.0
Med: 119.82
Q3: 327.59
Average -13 pts over 3 years

In 2024, the liquidity ratio of RESIDENCE CANNES PALAIS A... (91.69) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
96.43x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.06x
Excellent

In 2024, the interest coverage of RESIDENCE CANNES PALAIS A... (96.4x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model). Overall, WCR represents 0 days of revenue, i.e. 112 € to permanently finance.

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

112 €

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

6 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

49 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 in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

0 j

WCR and payment terms evolution
RESIDENCE CANNES PALAIS APPART'HOTEL

Positioning of RESIDENCE CANNES PALAIS APPART'HOTEL in its sector

Comparison with sector Hébergement touristique et autre hébergement de courte durée

Valuation estimate

Based on 261 transactions of similar company sales (all years), the value of RESIDENCE CANNES PALAIS APPART'HOTEL is estimated at 3 587 698 € (range 2 171 740€ - 6 899 076€). With an EBITDA of 846 287€, the sector multiple of 5.3x is applied. The price/revenue ratio is 0.75x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
261 transactions
2171k€ 3587k€ 6899k€
3 587 698 € Range: 2 171 740€ - 6 899 076€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
846 287 € × 5.3x
Estimation 4 483 072 €
2 616 321€ - 8 750 418€
Revenue Multiple 30%
2 803 118 € × 0.75x
Estimation 2 095 409 €
1 430 775€ - 3 813 507€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 261 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Hébergement touristique et autre hébergement de courte durée )

Compare RESIDENCE CANNES PALAIS APPART'HOTEL with other companies in the same sector:

Voir toutes les statistiques du secteur Hébergement touristique et autre hébergement de courte durée

Frequently asked questions about RESIDENCE CANNES PALAIS APPART'HOTEL

What is the revenue of RESIDENCE CANNES PALAIS APPART'HOTEL ?

The revenue of RESIDENCE CANNES PALAIS APPART'HOTEL in 2024 is 2.8 M€.

Is RESIDENCE CANNES PALAIS APPART'HOTEL profitable?

RESIDENCE CANNES PALAIS APPART'HOTEL recorded a net loss in 2024.

Where is the headquarters of RESIDENCE CANNES PALAIS APPART'HOTEL ?

The headquarters of RESIDENCE CANNES PALAIS APPART'HOTEL is located in PARIS (75016), in the department Paris.

Where to find the tax return of RESIDENCE CANNES PALAIS APPART'HOTEL ?

The tax return of RESIDENCE CANNES PALAIS APPART'HOTEL 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 RESIDENCE CANNES PALAIS APPART'HOTEL operate?

RESIDENCE CANNES PALAIS APPART'HOTEL operates in the sector Hébergement touristique et autre hébergement de courte durée (NAF code 55.20Z). See the 'Sector positioning' section above to compare the company with its competitors.