HORTE ET TARDOIRE BATIMENT : revenue, balance sheet and financial ratios

HORTE ET TARDOIRE BATIMENT is a French company founded 20 years ago, specialized in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment. Based in MONTBRON (16220), this company of category PME shows in 2016 a revenue of 386 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - HORTE ET TARDOIRE BATIMENT (SIREN 487968166)
Indicator 2018 2016 2015 2014
Revenue N/C 385 792 € 334 105 € 364 784 €
Net income 0 € 4 109 € 1 164 € 9 955 €
EBITDA N/C 9 826 € 6 093 € 14 994 €
Net margin N/C 1.1% 0.3% 2.7%

Revenue and income statement

In 2018, HORTE ET TARDOIRE BATIMENT records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2014-2016: 10 k€ -> 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 22%. 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 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

21.629%

Financial autonomy (2018) ?
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

9.047%

Asset age ratio (2018) ?
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

31.6%

Solvency indicators evolution
HORTE ET TARDOIRE BATIMENT

Sector positioning

Debt ratio
21.63 2018
2015
2016
2018
Q1: 0.74
Med: 14.4
Q3: 51.62
Average

In 2018, the debt ratio of HORTE ET TARDOIRE BATIMENT (21.63) 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
9.05% 2018
2015
2016
2018
Q1: 7.7%
Med: 28.84%
Q3: 51.0%
Average

In 2018, the financial autonomy of HORTE ET TARDOIRE BATIMENT (9.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.45 years 2016
2015
2016
Q1: 0.0 years
Med: 0.03 years
Q3: 0.91 years
Average -13 pts over 2 years

In 2016, the repayment capacity of HORTE ET TARDOIRE BATIMENT (0.45) 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 175.45. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2018) ?
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

175.449

Liquidity indicators evolution
HORTE ET TARDOIRE BATIMENT

Sector positioning

Liquidity ratio
175.45 2018
2015
2016
2018
Q1: 124.81
Med: 174.74
Q3: 264.65
Good -14 pts over 3 years

In 2018, the liquidity ratio of HORTE ET TARDOIRE BATIMENT (175.45) 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
1.34x 2016
2015
2016
Q1: 0.0x
Med: 0.15x
Q3: 2.95x
Good -14 pts over 2 years

In 2016, the interest coverage of HORTE ET TARDOIRE BATIMENT (1.3x) 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: 354 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 338 days. The company must finance 16 days of gap between collections and payments.

Operating WCR (2018) ?
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 (2018) ?
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

354 j

Supplier credit (2018) ?
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

338 j

Inventory turnover (2018) ?
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
HORTE ET TARDOIRE BATIMENT

Positioning of HORTE ET TARDOIRE BATIMENT in its sector

Comparison with sector Travaux de maçonnerie générale et gros œuvre de bâtiment

Similar companies (Travaux de maçonnerie générale et gros œuvre de bâtiment)

Compare HORTE ET TARDOIRE BATIMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de maçonnerie générale et gros œuvre de bâtiment

Frequently asked questions about HORTE ET TARDOIRE BATIMENT

What is the revenue of HORTE ET TARDOIRE BATIMENT ?

The revenue of HORTE ET TARDOIRE BATIMENT in 2016 is 386 k€.

Is HORTE ET TARDOIRE BATIMENT profitable?

Yes, HORTE ET TARDOIRE BATIMENT generated a net profit of 4 k€ in 2016.

Where is the headquarters of HORTE ET TARDOIRE BATIMENT ?

The headquarters of HORTE ET TARDOIRE BATIMENT is located in MONTBRON (16220), in the department Charente.

Where to find the tax return of HORTE ET TARDOIRE BATIMENT ?

The tax return of HORTE ET TARDOIRE BATIMENT 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 HORTE ET TARDOIRE BATIMENT operate?

HORTE ET TARDOIRE BATIMENT operates in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment (NAF code 43.99C). See the 'Sector positioning' section above to compare the company with its competitors.