EXPLOITATION DU THERMALISME ET TOURISME : revenue, balance sheet and financial ratios

EXPLOITATION DU THERMALISME ET TOURISME is a French company founded 34 years ago, specialized in the sector Entretien corporel. Based in NERIS-LES-BAINS (03310), this company of category PME shows in 2022 a revenue of 3.6 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 - EXPLOITATION DU THERMALISME ET TOURISME (SIREN 382252922)
Indicator 2023 2022 2021 2020 2018 2017 2016
Revenue N/C 3 616 910 € 2 813 055 € 1 904 753 € 5 799 040 € 5 779 538 € 5 672 957 €
Net income -118 680 € -220 950 € 282 924 € -2 015 431 € -234 691 € 278 594 € 136 565 €
EBITDA -65 292 € -668 282 € 672 285 € -1 221 708 € 376 512 € 800 664 € 736 932 €
Net margin N/C -6.1% 10.1% -105.8% -4.0% 4.8% 2.4%

Revenue and income statement

In 2023, EXPLOITATION DU THERMALISME ET TOURISME records a net loss of 119 k€. This deficit will reduce equity on the balance sheet.

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

-65 292 €

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

-27 409 €

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

-118 680 €

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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 237%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory.

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

237.059%

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

28.273%

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

-23.434

Solvency indicators evolution
EXPLOITATION DU THERMALISME ET TOURISME

Sector positioning

Debt ratio
237.06 2023
2021
2022
2023
Q1: -5.59
Med: 0.0
Q3: 70.84
Watch +18 pts over 3 years

In 2023, the debt ratio of EXPLOITATION DU THERMALIS... (237.06) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
28.27% 2023
2021
2022
2023
Q1: 0.0%
Med: 11.71%
Q3: 48.29%
Good -14 pts over 3 years

In 2023, the financial autonomy of EXPLOITATION DU THERMALIS... (28.3%) 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
-23.43 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.13 years
Excellent -52 pts over 3 years

In 2023, the repayment capacity of EXPLOITATION DU THERMALIS... (-23.43) 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 13925.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

13925.97

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

-148.73

Liquidity indicators evolution
EXPLOITATION DU THERMALISME ET TOURISME

Sector positioning

Liquidity ratio
13925.97 2023
2021
2022
2023
Q1: 45.92
Med: 114.2
Q3: 238.14
Excellent +8 pts over 3 years

In 2023, the liquidity ratio of EXPLOITATION DU THERMALIS... (13925.97) 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
-148.73x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.12x
Watch -62 pts over 3 years

In 2023, the interest coverage of EXPLOITATION DU THERMALIS... (-148.7x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 59 days. Excellent situation: suppliers finance 59 days of the operating cycle (retail model).

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

0 €

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

0 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

59 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

0 j

WCR and payment terms evolution
EXPLOITATION DU THERMALISME ET TOURISME

Positioning of EXPLOITATION DU THERMALISME ET TOURISME in its sector

Comparison with sector Entretien corporel

Similar companies (Entretien corporel)

Compare EXPLOITATION DU THERMALISME ET TOURISME with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien corporel

Frequently asked questions about EXPLOITATION DU THERMALISME ET TOURISME

What is the revenue of EXPLOITATION DU THERMALISME ET TOURISME ?

The revenue of EXPLOITATION DU THERMALISME ET TOURISME in 2022 is 3.6 M€.

Is EXPLOITATION DU THERMALISME ET TOURISME profitable?

EXPLOITATION DU THERMALISME ET TOURISME recorded a net loss in 2023.

Where is the headquarters of EXPLOITATION DU THERMALISME ET TOURISME ?

The headquarters of EXPLOITATION DU THERMALISME ET TOURISME is located in NERIS-LES-BAINS (03310), in the department Allier.

Where to find the tax return of EXPLOITATION DU THERMALISME ET TOURISME ?

The tax return of EXPLOITATION DU THERMALISME ET TOURISME 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 EXPLOITATION DU THERMALISME ET TOURISME operate?

EXPLOITATION DU THERMALISME ET TOURISME operates in the sector Entretien corporel (NAF code 96.04Z). See the 'Sector positioning' section above to compare the company with its competitors.