Employees: 02 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2009-01-20 (17 years)Status: ActiveBusiness sector: Commerce de voitures et de véhicules automobiles légersLocation: SAINT-ORENS-DE-GAMEVILLE (31650), Haute-Garonne
X MOTORS : revenue, balance sheet and financial ratios
X MOTORS is a French company
founded 17 years ago,
specialized in the sector Commerce de voitures et de véhicules automobiles légers.
Based in SAINT-ORENS-DE-GAMEVILLE (31650),
this company of category PME
shows in 2015 a revenue of 531 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2023, X MOTORS records a net loss of 3 k€. This deficit will reduce equity on the balance sheet.
Net income (2023)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-2 581 €
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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 110%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory.
Debt ratio (2023)
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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
110.137%
Financial autonomy (2023)
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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
38.012%
Asset age ratio (2023)
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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
2014
2015
2018
2019
2020
2021
2022
2023
Debt ratio
63.851
48.995
118.618
140.168
126.458
105.597
79.17
110.137
Financial autonomy
31.359
30.804
26.796
25.007
28.933
31.111
46.157
38.012
Repayment capacity
2.479
5.225
None
None
None
None
None
None
Cash flow / Revenue
4.959%
1.555%
None%
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
110.142023
2021
2022
2023
Q1: 5.31
Med: 46.55
Q3: 142.32
Average+6 pts over 3 years
In 2023, the debt ratio of X MOTORS (110.14) 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
38.01%2023
2021
2022
2023
Q1: 10.96%
Med: 26.91%
Q3: 51.24%
Good+11 pts over 3 years
In 2023, the financial autonomy of X MOTORS (38.0%) 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 280.17. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2023)
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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
280.174
Liquidity indicators evolution X MOTORS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2014
2015
2018
2019
2020
2021
2022
2023
Liquidity ratio
171.581
159.53
201.809
169.965
267.4
249.613
508.656
280.174
Interest coverage
3.946
3.298
None
None
None
None
None
None
Sector positioning
Liquidity ratio
280.172023
2021
2022
2023
Q1: 135.04
Med: 203.84
Q3: 381.78
Good
In 2023, the liquidity ratio of X MOTORS (280.17) 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.
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 (2023)
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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 (2023)
?
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 (2023)
?
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 (2023)
?
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 X MOTORS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2018
2019
2020
2021
2022
2023
Operating WCR
113 581 €
119 576 €
0 €
0 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
118
109
0
0
0
0
0
0
Customer payment term (days)
4
2
4
32
38
26
0
0
Supplier payment term (days)
52
47
209
216
364
323
0
0
Positioning of X MOTORS in its sector
Comparison with sector Commerce de voitures et de véhicules automobiles légers
Similar companies (Commerce de voitures et de véhicules automobiles légers)
Compare X MOTORS with other companies in the same sector:
The headquarters of X MOTORS is located in SAINT-ORENS-DE-GAMEVILLE (31650), in the department Haute-Garonne.
Where to find the tax return of X MOTORS ?
The tax return of X MOTORS 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 X MOTORS operate?
X MOTORS operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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