CARRIERES DE THIVIERS : revenue, balance sheet and financial ratios

CARRIERES DE THIVIERS is a French company founded 52 years ago, specialized in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin. Based in PARIS (75008), this company of category ETI shows in 2023 a revenue of 31.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CARRIERES DE THIVIERS (SIREN 308393354)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 31 412 021 € 31 169 177 € 33 171 726 € 30 881 511 € 30 391 940 € 28 274 138 € 26 110 438 € 22 653 651 € 24 511 159 €
Net income 2 957 083 € 2 646 520 € 3 010 669 € 1 864 091 € 2 740 968 € 2 760 761 € 2 296 427 € 2 402 169 € 2 627 341 €
EBITDA 5 003 429 € 4 569 654 € 5 049 481 € 4 686 480 € 4 694 536 € 4 564 070 € 4 522 288 € 3 769 516 € 3 987 946 €
Net margin 9.4% 8.5% 9.1% 6.0% 9.0% 9.8% 8.8% 10.6% 10.7%

Revenue and income statement

In 2023, CARRIERES DE THIVIERS achieves revenue of 31.4 M€. Revenue is growing positively over 9 years (CAGR: +3.1%). Vs 2022: +1%. After deducting consumption (6.2 M€), gross margin stands at 25.2 M€, i.e. a rate of 80%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.0 M€, representing 15.9% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.0 M€, i.e. 9.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

31 412 021 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

25 192 777 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

5 003 429 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 925 645 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

2 957 083 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

15.9%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 17%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 55%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

17.15%

Financial autonomy (2023) ?
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

54.892%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

13.785%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.821

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

18.4%

Solvency indicators evolution
CARRIERES DE THIVIERS

Sector positioning

Debt ratio
17.15 2023
2021
2022
2023
Q1: 0.01
Med: 15.77
Q3: 61.02
Average

In 2023, the debt ratio of CARRIERES DE THIVIERS (17.15) 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
54.89% 2023
2021
2022
2023
Q1: 19.62%
Med: 42.35%
Q3: 61.05%
Good +8 pts over 3 years

In 2023, the financial autonomy of CARRIERES DE THIVIERS (54.9%) 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.

Repayment capacity
0.82 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.29 years
Q3: 2.28 years
Average

In 2023, the repayment capacity of CARRIERES DE THIVIERS (0.82) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 274.92. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 4.6x. Financial charges are adequately covered by operations.

Liquidity ratio (2023) ?
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

274.92

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

4.61

Liquidity indicators evolution
CARRIERES DE THIVIERS

Sector positioning

Liquidity ratio
274.92 2023
2021
2022
2023
Q1: 163.67
Med: 249.36
Q3: 402.59
Good

In 2023, the liquidity ratio of CARRIERES DE THIVIERS (274.92) 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.

Interest coverage
4.61x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.98x
Q3: 7.02x
Good -10 pts over 3 years

In 2023, the interest coverage of CARRIERES DE THIVIERS (4.6x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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. Average customer payment term: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. Favorable situation: supplier credit is longer than customer credit by 9 days. Inventory turnover is 39 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 69 days of revenue, i.e. 6.0 M€ to permanently finance. Over 2015-2023, WCR increased by +53%, requiring additional financing.

Operating WCR (2023) ?
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

6 003 151 €

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

57 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

66 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

39 j

WCR in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

69 j

WCR and payment terms evolution
CARRIERES DE THIVIERS

Positioning of CARRIERES DE THIVIERS in its sector

Comparison with sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Valuation estimate

Based on 95 transactions of similar company sales (all years), the value of CARRIERES DE THIVIERS is estimated at 5 863 978 € (range 1 926 029€ - 29 778 497€). With an EBITDA of 5 003 429€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.17x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
95 tx
1926k€ 5863k€ 29778k€
5 863 978 € Range: 1 926 029€ - 29 778 497€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
5 003 429 € × 1.4x
Estimation 7 083 456 €
1 617 951€ - 49 108 703€
Revenue Multiple 30%
31 412 021 € × 0.17x
Estimation 5 456 106 €
3 119 731€ - 12 105 746€
Net Income Multiple 20%
2 957 083 € × 1.2x
Estimation 3 427 094 €
905 672€ - 7 962 110€
How is this estimate calculated?

This estimate is based on the analysis of 95 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Exploitation de gravières et sablières, extraction d’argiles et de kaolin)

Compare CARRIERES DE THIVIERS with other companies in the same sector:

Voir toutes les statistiques du secteur Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Frequently asked questions about CARRIERES DE THIVIERS

What is the revenue of CARRIERES DE THIVIERS ?

The revenue of CARRIERES DE THIVIERS in 2023 is 31.4 M€.

Is CARRIERES DE THIVIERS profitable?

Yes, CARRIERES DE THIVIERS generated a net profit of 3.0 M€ in 2023.

Where is the headquarters of CARRIERES DE THIVIERS ?

The headquarters of CARRIERES DE THIVIERS is located in PARIS (75008), in the department Paris.

Where to find the tax return of CARRIERES DE THIVIERS ?

The tax return of CARRIERES DE THIVIERS 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 CARRIERES DE THIVIERS operate?

CARRIERES DE THIVIERS operates in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin (NAF code 08.12Z). See the 'Sector positioning' section above to compare the company with its competitors.