LETANG : revenue, balance sheet and financial ratios

LETANG is a French company founded 24 years ago, specialized in the sector Activités de soutien aux cultures. Based in TEILLAY (35620), this company of category PME shows in 2017 a revenue of 1.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - LETANG (SIREN 440577625)
Indicator 2024 2023 2021 2020 2017 2016
Revenue N/C N/C N/C N/C 1 192 664 € 1 081 620 €
Net income -14 254 € 56 658 € 361 443 € 96 596 € 233 899 € 144 569 €
EBITDA N/C N/C N/C N/C 614 121 € 563 257 €
Net margin N/C N/C N/C N/C 19.6% 13.4%

Revenue and income statement

In 2024, LETANG records a net loss of 14 k€. This deficit will reduce equity on the balance sheet.

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

-14 254 €

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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 218%. 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 26%. The balance between equity and debt is satisfactory.

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

218.16%

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

25.995%

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

33.0%

Solvency indicators evolution
LETANG

Sector positioning

Debt ratio
218.16 2024
2021
2023
2024
Q1: 22.12
Med: 130.61
Q3: 377.99
Average +29 pts over 3 years

In 2024, the debt ratio of LETANG (218.16) 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
26.0% 2024
2021
2023
2024
Q1: 10.98%
Med: 27.37%
Q3: 48.44%
Average -27 pts over 3 years

In 2024, the financial autonomy of LETANG (26.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 272.07. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

272.072

Liquidity indicators evolution
LETANG

Sector positioning

Liquidity ratio
272.07 2024
2021
2023
2024
Q1: 107.3
Med: 189.85
Q3: 351.98
Good -12 pts over 3 years

In 2024, the liquidity ratio of LETANG (272.07) 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.

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 (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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
LETANG

Positioning of LETANG in its sector

Comparison with sector Activités de soutien aux cultures

Similar companies (Activités de soutien aux cultures)

Compare LETANG with other companies in the same sector:

Voir toutes les statistiques du secteur Activités de soutien aux cultures

Frequently asked questions about LETANG

What is the revenue of LETANG ?

The revenue of LETANG in 2017 is 1.2 M€.

Is LETANG profitable?

LETANG recorded a net loss in 2024.

Where is the headquarters of LETANG ?

The headquarters of LETANG is located in TEILLAY (35620), in the department Ille-et-Vilaine.

Where to find the tax return of LETANG ?

The tax return of LETANG 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 LETANG operate?

LETANG operates in the sector Activités de soutien aux cultures (NAF code 01.61Z). See the 'Sector positioning' section above to compare the company with its competitors.