Hotelim SA

Hotelim maintains a strong liquidity position with a current ratio of 4.84, indicating the company can cover nearly five times its short-term liabilities with its short-term assets. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints [doc:HA-latest]. The debt-to-equity ratio of 0.11 suggests a conservative capital structure, with equity significantly outweighing debt obligations [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 11.59% and a return on assets (ROA) of 8.92%, both exceeding the typical thresholds for the hotel industry. These figures indicate efficient use of equity and assets to generate returns [doc:HA-latest]. The operating margin, calculated as operating income of EUR 5,378,540 on revenue of EUR 25,659,780, stands at 20.96%, which is robust for a hotel management company [doc:HA-latest]. The company's revenue is derived from hotel management services, with no disclosed segmental breakdown. Geographically, Hotelim operates in France and abroad, but the input data does not provide specific revenue concentration by region. The absence of segmental data limits the ability to assess geographic or business line risk [doc:HA-latest]. Revenue growth is expected to remain stable, with no significant changes in the outlook for the current or next fiscal year. The company's operating cash flow of EUR 6,473,840 and free cash flow of EUR 2,706,640 support its operational flexibility and capacity to fund future growth [doc:HA-latest]. The capital expenditure of EUR -981,120 indicates a reduction in investment in physical assets, which may reflect a focus on optimizing existing operations rather than expansion [doc:HA-latest]. The risk assessment highlights a medium liquidity risk due to the negative net cash position after debt. Dilution risk is low, with no significant dilution potential identified in the basic shares outstanding. The company's conservative debt structure and strong equity base mitigate credit risk, although the negative net cash position introduces some near-term liquidity concerns [doc:HA-latest]. No recent filings or transcripts are provided to assess material events or strategic shifts.