Employees: 01 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2016-01-20 (10 years)Status: ActiveBusiness sector: Conseil en relations publiques et communicationLocation: LA TRINITE-SUR-MER (56470), Morbihan
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
WITY : revenue, balance sheet and financial ratios
WITY is a French company
founded 10 years ago,
specialized in the sector Conseil en relations publiques et communication.
Based in LA TRINITE-SUR-MER (56470),
this company of category PME
shows in 2019 a net income negative of -1 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2019, WITY records a net loss of 1 k€. This deficit will reduce equity on the balance sheet.
Net income (2019)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-1 282 €
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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 0%. 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 35%. The balance between equity and debt is satisfactory.
Debt ratio (2019)
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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
0.0%
Financial autonomy (2019)
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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
34.573%
Asset age ratio (2019)
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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
2019
Debt ratio
0.0
Financial autonomy
34.573
Repayment capacity
None
Cash flow / Revenue
None%
Sector positioning
Debt ratio
0.02019
2019
Q1: 0.0
Med: 3.03
Q3: 36.17
Excellent
In 2019, the debt ratio of WITY (0.00) 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
34.57%2019
2019
Q1: 3.39%
Med: 33.85%
Q3: 62.67%
Good
In 2019, the financial autonomy of WITY (34.6%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 101.30. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2019)
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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
101.301
Liquidity indicators evolution WITY
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
Liquidity ratio
101.301
Interest coverage
None
Sector positioning
Liquidity ratio
101.32019
2019
Q1: 129.59
Med: 216.37
Q3: 412.32
Watch
In 2019, the liquidity ratio of WITY (101.30) 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. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 154 days. Excellent situation: suppliers finance 154 days of the operating cycle (retail model).
Operating WCR (2019)
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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 (2019)
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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 (2019)
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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
154 j
Inventory turnover (2019)
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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 WITY
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
Operating WCR
0 €
Inventory turnover (days)
0
Customer payment term (days)
0
Supplier payment term (days)
154
Positioning of WITY in its sector
Comparison with sector Conseil en relations publiques et communication
Similar companies (Conseil en relations publiques et communication)
Compare WITY with other companies in the same sector:
The revenue of WITY is not publicly disclosed (confidential accounts filed with INPI).
Is WITY profitable?
WITY recorded a net loss in 2019.
Where is the headquarters of WITY ?
The headquarters of WITY is located in LA TRINITE-SUR-MER (56470), in the department Morbihan.
Where to find the tax return of WITY ?
The tax return of WITY 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 WITY operate?
WITY operates in the sector Conseil en relations publiques et communication (NAF code 70.21Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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