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Soc gen equipment finance has experienced significant growth in recent years, with a compound annual growth rate (CAGR) of 12% from 2015 to 2020.
This growth can be attributed to the increasing demand for equipment financing, driven by the need for businesses to upgrade their technology and equipment to remain competitive.
Soc gen equipment finance companies have been able to capitalize on this trend by offering a range of financing options, including loans, leases, and lines of credit.
As a result, the market has become more competitive, with companies like GE Capital and Siemens Financial Services leading the way in terms of market share and innovation.
Financial Information
Soc gen equipment finance offers a range of financial options for businesses, including leasing and financing plans that can be tailored to meet specific needs.
These plans can help businesses acquire the equipment they need to operate effectively, without having to pay the full purchase price upfront. Some plans offer flexible payment terms, allowing businesses to pay for equipment over time.
The cost of equipment finance can vary depending on the type of equipment and the length of the financing period, but it can be significantly lower than the full purchase price.
Financials
Financials can be a daunting topic, but it's essential to understand the basics to make informed decisions about your money.
The average household debt in the US is around $144,000. This number can be overwhelming, but breaking it down into smaller, manageable chunks can make it feel more achievable.
A budget is a plan for how you'll use your money, and it's a great way to track your income and expenses. By creating a budget, you can identify areas where you can cut back and allocate that money towards your debt or savings.
In 2020, the US saw a significant increase in credit card debt, with the average household credit card balance reaching $6,194. This increase highlights the importance of being mindful of your credit card usage and making timely payments.
It's essential to prioritize needs over wants when creating a budget. By distinguishing between essential expenses like rent and utilities, and discretionary expenses like dining out, you can make more intentional financial decisions.
Capital Raised
Companies are required to notify Companies House within one month of making an allotment of shares to new investors following a funding round.
This notification is crucial for keeping financial records up to date, and it's essential for investors to be informed about the company's capital structure.
Societe Generale Equipment Finance Limited must notify Companies House within one month of making an allotment of shares.
This process can take several minutes, and you'll receive an email notification when it's completed.
It's essential to keep track of capital raised and share issues to ensure accurate financial reporting.
Health Check
Societe Generale Equipment Finance Limited has an impressive financial health check rating of 4.5, exceeding the industry average on 5 measures.
Their annual sales of £94.8m make them larger than the average company, which is a significant advantage.
With a gross margin of 45.4%, Societe Generale Equipment Finance Limited has a comparable cost of product, which is a good indicator of efficiency.
Their operating margin of 176.3% is more profitable than the average company, a testament to their effective business model.
The company has 176 employees, which is above the industry average, indicating a strong workforce.
However, Societe Generale Equipment Finance Limited has some areas for improvement. They take 2044 days to get paid by customers, which is later than the average of 48 days.
Their suppliers are paid after 165 days, which is slower than the average of 34 days, indicating potential cash flow issues.
They have cash to cover current liabilities for only 0 weeks, which is less than the average of 5 weeks, making it challenging to meet short-term requirements.
Their ratio of liabilities to total assets of 97.7% is similar to the industry average of 96.4%, indicating a manageable debt level.
Sources
- https://wholesale.banking.societegenerale.com/en/solutions/equipment-finance/
- https://pomanda.com/company/03596854/societe-generale-equipment-finance-limited
- https://www.acquisinsurance.com/blog/client/societe-generale/
- https://wnflsports.com/2023/09/14/socgen-open-to-sale-of-equipment-finance-unit-in-strategy-review-sources/
- https://www.odessainc.com/blog/pr_individual/societe-generale-equipment-finance-selects-odessa-to-help-drive-continuous-innovation/
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