Exel Industries SA

Exel Industries maintains a conservative capital structure with a debt-to-equity ratio of 0.30 and a current ratio of 1.84, indicating adequate short-term liquidity coverage. The balance sheet shows total assets of €840.4 million against total liabilities of €374.5 million, resulting in total equity of €465.9 million. Long-term debt stands at €140.3 million, while operating cash flow of €70.8 million supports a free cash flow of €14.4 million after capital expenditures of €24.9 million. Despite the healthy current ratio, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, suggesting reliance on debt financing for operations or investments.

Profitability metrics indicate modest returns, with a return on equity (ROE) of 3.49% and a return on assets (ROA) of 1.93%. The company generated €983.0 million in revenue, yielding a gross profit of €475.5 million and an operating income of €37.2 million. Net income was recorded at €16.2 million, reflecting a net margin of approximately 1.65%. Without cohort median data for direct comparison, these returns appear low relative to the substantial asset base, suggesting potential inefficiencies in asset utilization or margin compression within the machinery sector.