Abstract
Unlock the Financial Health of Your Business with Our Comprehensive Analysis Report. Discover the intricacies of your company's self-financing capacity, cash generation, and financial structure. Our detailed analysis reveals key insights into your business's operating profitability, debt management, and areas for improvement. With a thorough examination of your financial ratios, working capital, and activity performance, you'll gain a deeper understanding of your company's financial standing. Learn how to optimize your financial management, improve cash flow, and drive business growth. Get instant access to our expert analysis and take the first step towards informed financial decision-making.
Extract
[...] ? CURRENT ASSET CURRENT LIABILITIES Operating Current Asset (stocks, client receivables) ? Current Liability of Operation ? Non-Operating Current Asset (diversified receivables) ? Non-Operating Current Liability ? Available Cash (cash, bank account) ? Passive Cash ? ? [...]
[...] It has worsened compared to 2022 (0.1 years). The global net working capital (FRNG) stands at +?389,250, which allows for partial coverage of the BFR. The net cash remains positive at ?40,375, but it is fragile, as it relies on an unstable balance between exceptional cash flows and financial debts (?304,190). 4. Provisions and amortizations The accumulated depreciation amounts to ?110,236, which is significant in relation to the size of the assets (nearly 9.9% of the total). This indicates a significant level of fixed investment (notably in intangibles). [...]
[...] The cost of debt remains high and significantly affects the current result, which stands at -17,070 ? in 2023 (against +906 ? in 2022). The company is nonetheless saved by an exceptional and strongly positive result of 21,712 ? in 2023, thanks to exceptional management and capital operations products. This allows for a net profit of 3,539 against a loss of -26,323 ? in 2022. 2. [...]
[...] In both cases, the conclusion is clear: the company does not generate self-financing capacity in 2023, which severely limits its ability to finance its investments, repay its debts, or build up a cash reserve. 3. Financial structure, BFR and cash flow The BFR stands at ?348,915, which is significant. It is driven by a high level of customer receivables (?233,170) and inventory (?267,323). The DSO (Days Sales Outstanding) is 0.2 years, or approximately 73 days of customer payment delay, which is long for current management. [...]
[...] Net Working Capital = Net Working Assets - Net Working Liabilities : ? Clarifications: Prepaid expenses (60,268) Financial fixed asset since it's over one year. Financial debts: 304,190 - 15,354 (corresponding to bank loans) Other Receivables (53,722) specified: Including current accounts of associates therefore Current asset outside of operation Same for other Debts (69,734) Analysis of ratios: Analysis of profitability: Economic profitability: 2023 2022 Net result 3 539 - 26 323 / Total of the balance sheet 997 382 932 342 Ratio Value Creation Indicator : 2023 2022 Value added 436 611 444 699 / CA 617 019 Ratio 28,6% 26,3% Solvency Analysis: General Liquidity : 2023 2022 Current Assets 609 904 524 076 / Current Liabilities 522 754 491 135 Ratio 1,17 1,07 Solvency Analysis: Days Sales Outstanding (DSO) 2023 2022 Clients and associated accounts 233 170 146 548 / Turnover 617 019 Ratio 0,2 0,1 Inventory turnover ratio, in days 2023 2022 Stocks 267 323 222 315 / Turnover 617 019 Ratio 0,2 0,1 1. [...]
