SIXT DEVELOPPEMENT : revenue, balance sheet and financial ratios

SIXT DEVELOPPEMENT is a French company founded 28 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 9.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - SIXT DEVELOPPEMENT (SIREN 414802389)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 9 712 753 € 9 313 674 € 8 872 866 € 6 638 323 € 4 980 368 € 7 092 955 € 6 679 212 € 6 030 114 € 4 645 129 €
Net income 175 428 € 108 971 € 273 517 € 49 600 € 35 454 € -87 826 € -51 236 € 22 074 € 33 451 €
EBITDA 241 151 € 190 948 € 442 962 € 68 914 € 26 132 € -84 531 € -122 292 € -95 577 € 263 825 €
Net margin 1.8% 1.2% 3.1% 0.7% 0.7% -1.2% -0.8% 0.4% 0.7%

Revenue and income statement

In 2024, SIXT DEVELOPPEMENT achieves revenue of 9.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.7%. Vs 2023: +4%. After deducting consumption (0 €), gross margin stands at 9.7 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 241 k€, representing 2.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 175 k€, i.e. 1.8% 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

9 712 753 €

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

9 712 753 €

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

241 151 €

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

268 041 €

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

175 428 €

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

2.5%

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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 2%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.5% 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

1.565%

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

13.166%

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

1.529%

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

0.067

Solvency indicators evolution
SIXT DEVELOPPEMENT

Sector positioning

Debt ratio
1.56 2024
2022
2023
2024
Q1: 0.0
Med: 14.45
Q3: 116.44
Good -48 pts over 3 years

In 2024, the debt ratio of SIXT DEVELOPPEMENT (1.56) 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
13.17% 2024
2022
2023
2024
Q1: 0.16%
Med: 21.35%
Q3: 49.45%
Average +13 pts over 3 years

In 2024, the financial autonomy of SIXT DEVELOPPEMENT (13.2%) 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
0.07 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 2.21 years
Average -25 pts over 3 years

In 2024, the repayment capacity of SIXT DEVELOPPEMENT (0.07) 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 117.88. 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

117.879

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

0.0

Liquidity indicators evolution
SIXT DEVELOPPEMENT

Sector positioning

Liquidity ratio
117.88 2024
2022
2023
2024
Q1: 75.41
Med: 176.35
Q3: 352.3
Average -26 pts over 3 years

In 2024, the liquidity ratio of SIXT DEVELOPPEMENT (117.88) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 6.57x
Average -36 pts over 3 years

In 2024, the interest coverage of SIXT DEVELOPPEMENT (0.0x) 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. Average customer payment term: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 314 days. Excellent situation: suppliers finance 290 days of the operating cycle (retail model). Overall, WCR represents 122 days of revenue, i.e. 3.3 M€ to permanently finance. Over 2016-2024, WCR increased by +641%, 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

3 293 595 €

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

24 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

314 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

122 j

WCR and payment terms evolution
SIXT DEVELOPPEMENT

Positioning of SIXT DEVELOPPEMENT 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 DEVELOPPEMENT is estimated at 8 671 173 € (range 1 891 255€ - 12 071 685€). With an EBITDA of 241 151€, 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
1891k€ 8671k€ 12071k€
8 671 173 € Range: 1 891 255€ - 12 071 685€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
241 151 € × 11.9x
Estimation 2 881 377 €
585 935€ - 3 920 561€
Revenue Multiple 30%
9 712 753 € × 2.33x
Estimation 22 665 990 €
5 291 906€ - 29 473 255€
Net Income Multiple 20%
175 428 € × 12.3x
Estimation 2 153 443 €
53 578€ - 6 347 144€

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 DEVELOPPEMENT 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 DEVELOPPEMENT

What is the revenue of SIXT DEVELOPPEMENT ?

The revenue of SIXT DEVELOPPEMENT in 2024 is 9.7 M€.

Is SIXT DEVELOPPEMENT profitable?

Yes, SIXT DEVELOPPEMENT generated a net profit of 175 k€ in 2024.

Where is the headquarters of SIXT DEVELOPPEMENT ?

The headquarters of SIXT DEVELOPPEMENT is located in PARIS (75007), in the department Paris.

Where to find the tax return of SIXT DEVELOPPEMENT ?

The tax return of SIXT DEVELOPPEMENT 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 DEVELOPPEMENT operate?

SIXT DEVELOPPEMENT 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.