LES SCIAGES CORREZIENS : revenue, balance sheet and financial ratios

LES SCIAGES CORREZIENS is a French company founded 15 years ago, specialized in the sector Sciage et rabotage du bois, hors imprégnation. Based in CHAPELLE-SPINASSE (19300), this company of category PME shows in 2022 a revenue of 1.2 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 - LES SCIAGES CORREZIENS (SIREN 531201663)
Indicator 2023 2022 2021 2017
Revenue N/C 1 208 141 € 736 245 € N/C
Net income 0 € 17 240 € 31 859 € 0 €
EBITDA N/C 93 087 € 60 237 € N/C
Net margin N/C 1.4% 4.3% N/C

Revenue and income statement

In 2023, LES SCIAGES CORREZIENS records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2021-2022: 32 k€ -> 0 €.

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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 356%. 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 24%. 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

355.735%

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

23.812%

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

72.0%

Solvency indicators evolution
LES SCIAGES CORREZIENS

Sector positioning

Debt ratio
355.74 2023
2021
2022
2023
Q1: 12.01
Med: 34.46
Q3: 73.6
Watch

In 2023, the debt ratio of LES SCIAGES CORREZIENS (355.74) 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
23.81% 2023
2021
2022
2023
Q1: 35.08%
Med: 52.1%
Q3: 65.6%
Average -28 pts over 3 years

In 2023, the financial autonomy of LES SCIAGES CORREZIENS (23.8%) 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
4.82 years 2022
2021
2022
Q1: 0.36 years
Med: 1.27 years
Q3: 3.48 years
Watch

In 2022, the repayment capacity of LES SCIAGES CORREZIENS (4.82) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 86.12. 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

86.124

Liquidity indicators evolution
LES SCIAGES CORREZIENS

Sector positioning

Liquidity ratio
86.12 2023
2021
2022
2023
Q1: 201.68
Med: 291.67
Q3: 427.65
Watch

In 2023, the liquidity ratio of LES SCIAGES CORREZIENS (86.12) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
12.02x 2022
2021
2022
Q1: 0.3x
Med: 1.63x
Q3: 5.01x
Excellent

In 2022, the interest coverage of LES SCIAGES CORREZIENS (12.0x) 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.

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

0 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
LES SCIAGES CORREZIENS

Positioning of LES SCIAGES CORREZIENS in its sector

Comparison with sector Sciage et rabotage du bois, hors imprégnation

Similar companies (Sciage et rabotage du bois, hors imprégnation)

Compare LES SCIAGES CORREZIENS with other companies in the same sector:

Voir toutes les statistiques du secteur Sciage et rabotage du bois, hors imprégnation

Frequently asked questions about LES SCIAGES CORREZIENS

What is the revenue of LES SCIAGES CORREZIENS ?

The revenue of LES SCIAGES CORREZIENS in 2022 is 1.2 M€.

Is LES SCIAGES CORREZIENS profitable?

Yes, LES SCIAGES CORREZIENS generated a net profit of 17 k€ in 2022.

Where is the headquarters of LES SCIAGES CORREZIENS ?

The headquarters of LES SCIAGES CORREZIENS is located in CHAPELLE-SPINASSE (19300), in the department Correze.

Where to find the tax return of LES SCIAGES CORREZIENS ?

The tax return of LES SCIAGES CORREZIENS 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 LES SCIAGES CORREZIENS operate?

LES SCIAGES CORREZIENS operates in the sector Sciage et rabotage du bois, hors imprégnation (NAF code 16.10A). See the 'Sector positioning' section above to compare the company with its competitors.