SIXT ASSET AND FINANCE SAS : revenue, balance sheet and financial ratios

SIXT ASSET AND FINANCE SAS is a French company founded 14 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in PARIS (75007), this company of category ETI shows in 2024 a revenue of 147.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - SIXT ASSET AND FINANCE SAS (SIREN 534222971)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 147 118 840 € 99 260 104 € 74 250 024 € 59 076 935 € 42 250 603 € 49 294 415 € 43 778 983 € 40 306 102 € 39 075 839 €
Net income 5 997 455 € -1 070 248 € 141 894 495 € -7 777 110 € 21 724 159 € 1 198 297 € -3 531 735 € -926 227 € -274 880 €
EBITDA 115 684 779 € 80 277 334 € 56 821 007 € 45 178 837 € 27 553 364 € 27 609 392 € 25 362 280 € 23 150 380 € 23 963 563 €
Net margin 4.1% -1.1% 191.1% -13.2% 51.4% 2.4% -8.1% -2.3% -0.7%

Revenue and income statement

In 2024, SIXT ASSET AND FINANCE SAS achieves revenue of 147.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +18.0%. Vs 2023, growth of +48% (99.3 M€ -> 147.1 M€). After deducting consumption (-55 k€), gross margin stands at 147.2 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 115.7 M€, representing 78.6% of revenue. Warning negative scissor effect: despite revenue change (+48%), EBITDA varies by +44%, reducing margin by 2.2 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6.0 M€, i.e. 4.1% of revenue. This profit can be retained or distributed to shareholders.

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

147 118 840 €

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

147 173 732 €

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

115 684 779 €

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

41 111 295 €

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

5 997 455 €

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

78.6%

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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 99%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 79.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

99.271%

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

45.083%

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

79.095%

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

2.323

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

86.1%

Solvency indicators evolution
SIXT ASSET AND FINANCE SAS

Sector positioning

Debt ratio
99.27 2024
2022
2023
2024
Q1: 0.0
Med: 14.45
Q3: 116.73
Average

In 2024, the debt ratio of SIXT ASSET AND FINANCE SAS (99.27) 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
45.08% 2024
2022
2023
2024
Q1: 0.15%
Med: 21.18%
Q3: 49.34%
Good +18 pts over 3 years

In 2024, the financial autonomy of SIXT ASSET AND FINANCE SAS (45.1%) 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
2.32 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 2.23 years
Average +9 pts over 3 years

In 2024, the repayment capacity of SIXT ASSET AND FINANCE SAS (2.32) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 266.12. 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 22.0x. 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

266.12

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

21.986

Liquidity indicators evolution
SIXT ASSET AND FINANCE SAS

Sector positioning

Liquidity ratio
266.12 2024
2022
2023
2024
Q1: 75.35
Med: 177.21
Q3: 352.29
Good -7 pts over 3 years

In 2024, the liquidity ratio of SIXT ASSET AND FINANCE SAS (266.12) 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
21.99x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 6.61x
Excellent

In 2024, the interest coverage of SIXT ASSET AND FINANCE SAS (22.0x) 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: 254 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 857 days. Excellent situation: suppliers finance 603 days of the operating cycle (retail model). Overall, WCR represents 259 days of revenue, i.e. 105.8 M€ to permanently finance. Over 2016-2024, WCR increased by +59%, requiring additional financing.

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

105 751 965 €

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

254 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

857 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

259 j

WCR and payment terms evolution
SIXT ASSET AND FINANCE SAS

Positioning of SIXT ASSET AND FINANCE SAS in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of SIXT ASSET AND FINANCE SAS is estimated at 808 846 474 € (range 164 955 460€ - 1 117 712 080€). With an EBITDA of 115 684 779€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium valuation). 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
276 transactions
164955k€ 808846k€ 1117712k€
808 846 474 € Range: 164 955 460€ - 1 117 712 080€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
115 684 779 € × 11.9x
Estimation 1 382 251 840 €
281 084 406€ - 1 880 768 407€
Revenue Multiple 30%
147 118 840 € × 2.33x
Estimation 343 321 212 €
80 156 380€ - 446 430 690€
Net Income Multiple 20%
5 997 455 € × 12.3x
Estimation 73 620 953 €
1 831 717€ - 216 993 347€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 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 (Location de courte durée de voitures et de véhicules automobiles légers)

Compare SIXT ASSET AND FINANCE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about SIXT ASSET AND FINANCE SAS

What is the revenue of SIXT ASSET AND FINANCE SAS ?

The revenue of SIXT ASSET AND FINANCE SAS in 2024 is 147.1 M€.

Is SIXT ASSET AND FINANCE SAS profitable?

Yes, SIXT ASSET AND FINANCE SAS generated a net profit of 6.0 M€ in 2024.

Where is the headquarters of SIXT ASSET AND FINANCE SAS ?

The headquarters of SIXT ASSET AND FINANCE SAS is located in PARIS (75007), in the department Paris.

Where to find the tax return of SIXT ASSET AND FINANCE SAS ?

The tax return of SIXT ASSET AND FINANCE 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 SIXT ASSET AND FINANCE SAS operate?

SIXT ASSET AND FINANCE SAS operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.