ETABLISSEMENTS TIFFON SA : revenue, balance sheet and financial ratios

ETABLISSEMENTS TIFFON SA is a French company founded 69 years ago, specialized in the sector Production de boissons alcooliques distillées. Based in MAINXE-GONDEVILLE (16200), this company of category PME shows in 2024 a revenue of 8.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - ETABLISSEMENTS TIFFON SA (SIREN 905720041)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 8 171 635 € 10 940 040 € 11 517 143 € 11 174 583 € 12 291 068 € 11 137 066 € 10 639 539 € 10 805 086 €
Net income 42 431 € 839 408 € 1 320 953 € 2 113 986 € 1 693 016 € 622 617 € 532 495 € 825 679 €
EBITDA 655 509 € 1 986 944 € 2 156 562 € 2 376 613 € 2 485 915 € 1 327 033 € 1 392 639 € 1 762 012 €
Net margin 0.5% 7.7% 11.5% 18.9% 13.8% 5.6% 5.0% 7.6%

Revenue and income statement

In 2024, ETABLISSEMENTS TIFFON SA achieves revenue of 8.2 M€. Activity remains stable over the period (CAGR: -3.4%). Significant drop of -25% vs 2023. After deducting consumption (5.3 M€), gross margin stands at 2.9 M€, i.e. a rate of 35%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 656 k€, representing 8.0% of revenue. Warning negative scissor effect: despite revenue change (-25%), EBITDA varies by -67%, reducing margin by 10.1 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 42 k€, i.e. 0.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

8 171 635 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 865 160 €

EBITDA (2024) ?
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

655 509 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

358 758 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

42 431 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.0%

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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 70%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 57%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

69.663%

Financial autonomy (2024) ?
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

57.312%

Cash flow / Revenue (2024) ?
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

-1.073%

Repayment capacity (2024) ?
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

-163.782

Asset age ratio (2024) ?
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

31.9%

Solvency indicators evolution
ETABLISSEMENTS TIFFON SA

Sector positioning

Debt ratio
69.66 2024
2021
2023
2024
Q1: 4.79
Med: 31.82
Q3: 111.87
Average +6 pts over 3 years

In 2024, the debt ratio of ETABLISSEMENTS TIFFON SA (69.66) 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
57.31% 2024
2021
2023
2024
Q1: 18.57%
Med: 48.78%
Q3: 70.56%
Good

In 2024, the financial autonomy of ETABLISSEMENTS TIFFON SA (57.3%) 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
-163.78 years 2024
2021
2023
2024
Q1: -0.01 years
Med: 0.38 years
Q3: 3.77 years
Excellent -71 pts over 3 years

In 2024, the repayment capacity of ETABLISSEMENTS TIFFON SA (-163.78) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 3374.06. 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 97.8x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

3374.06

Interest coverage (2024) ?
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

97.773

Liquidity indicators evolution
ETABLISSEMENTS TIFFON SA

Sector positioning

Liquidity ratio
3374.06 2024
2021
2023
2024
Q1: 182.05
Med: 355.17
Q3: 829.38
Excellent

In 2024, the liquidity ratio of ETABLISSEMENTS TIFFON SA (3374.06) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
97.77x 2024
2021
2023
2024
Q1: 0.0x
Med: 3.01x
Q3: 18.88x
Excellent

In 2024, the interest coverage of ETABLISSEMENTS TIFFON SA (97.8x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 45 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 22 days. The company must finance 23 days of gap between collections and payments. Inventory turnover is 1398 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 1347 days of revenue, i.e. 30.6 M€ to permanently finance.

Operating WCR (2024) ?
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

30 574 499 €

Customer credit (2024) ?
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

45 j

Supplier credit (2024) ?
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

22 j

Inventory turnover (2024) ?
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

1398 j

WCR in days of revenue (2024) ?
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

1347 j

WCR and payment terms evolution
ETABLISSEMENTS TIFFON SA

Positioning of ETABLISSEMENTS TIFFON SA in its sector

Comparison with sector Production de boissons alcooliques distillées

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 253 088€ to 1 383 067€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
253k€ 593k€ 1383k€
593 276 € Range: 253 088€ - 1 383 067€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 22 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 (Production de boissons alcooliques distillées)

Compare ETABLISSEMENTS TIFFON SA with other companies in the same sector:

Voir toutes les statistiques du secteur Production de boissons alcooliques distillées

Frequently asked questions about ETABLISSEMENTS TIFFON SA

What is the revenue of ETABLISSEMENTS TIFFON SA ?

The revenue of ETABLISSEMENTS TIFFON SA in 2024 is 8.2 M€.

Is ETABLISSEMENTS TIFFON SA profitable?

Yes, ETABLISSEMENTS TIFFON SA generated a net profit of 42 k€ in 2024.

Where is the headquarters of ETABLISSEMENTS TIFFON SA ?

The headquarters of ETABLISSEMENTS TIFFON SA is located in MAINXE-GONDEVILLE (16200), in the department Charente.

Where to find the tax return of ETABLISSEMENTS TIFFON SA ?

The tax return of ETABLISSEMENTS TIFFON SA 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 ETABLISSEMENTS TIFFON SA operate?

ETABLISSEMENTS TIFFON SA operates in the sector Production de boissons alcooliques distillées (NAF code 11.01Z). See the 'Sector positioning' section above to compare the company with its competitors.