LIGERIENNE GRANULATS : revenue, balance sheet and financial ratios

LIGERIENNE GRANULATS is a French company founded 44 years ago, specialized in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin. Based in SAINT-PIERRE-DES-CORPS (37700), this company of category ETI shows in 2023 a revenue of 30.1 M€. 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 - LIGERIENNE GRANULATS (SIREN 323253583)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 30 100 885 € 29 721 048 € 30 002 321 € 27 327 557 € 26 416 518 € 24 206 375 € 21 534 730 € 20 137 879 € 20 150 563 € 21 073 651 €
Net income 1 388 707 € 2 361 450 € 3 015 496 € 2 356 303 € 3 389 303 € 2 269 395 € 2 382 668 € 2 526 899 € 2 061 799 € 3 090 300 €
EBITDA 5 774 482 € 6 658 037 € 7 798 517 € 6 824 493 € 6 677 893 € 5 760 706 € 4 922 947 € 5 018 519 € 4 817 580 € 5 708 345 €
Net margin 4.6% 7.9% 10.1% 8.6% 12.8% 9.4% 11.1% 12.5% 10.2% 14.7%

Revenue and income statement

In 2023, LIGERIENNE GRANULATS achieves revenue of 30.1 M€. Revenue is growing positively over 10 years (CAGR: +4.0%). Vs 2022: +1%. After deducting consumption (4.5 M€), gross margin stands at 25.6 M€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.8 M€, representing 19.2% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -13%, reducing margin by 3.2 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.4 M€, i.e. 4.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

30 100 885 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

25 629 551 €

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

5 774 482 €

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

1 685 356 €

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

1 388 707 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

19.2%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 30%. 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 54%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 14.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

29.612%

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

53.836%

Cash flow / Revenue (2023) ?
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

14.312%

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

1.718

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

30.3%

Solvency indicators evolution
LIGERIENNE GRANULATS

Sector positioning

Debt ratio
29.61 2023
2021
2022
2023
Q1: 0.01
Med: 15.77
Q3: 61.02
Average

In 2023, the debt ratio of LIGERIENNE GRANULATS (29.61) 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
53.84% 2023
2021
2022
2023
Q1: 19.62%
Med: 42.35%
Q3: 61.05%
Good +5 pts over 3 years

In 2023, the financial autonomy of LIGERIENNE GRANULATS (53.8%) 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
1.72 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.29 years
Q3: 2.28 years
Average

In 2023, the repayment capacity of LIGERIENNE GRANULATS (1.72) 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 239.71. 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 2.8x. Financial charges are adequately covered by operations.

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

239.709

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

2.777

Liquidity indicators evolution
LIGERIENNE GRANULATS

Sector positioning

Liquidity ratio
239.71 2023
2021
2022
2023
Q1: 163.67
Med: 249.36
Q3: 402.59
Average

In 2023, the liquidity ratio of LIGERIENNE GRANULATS (239.71) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
2.78x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.98x
Q3: 7.02x
Good +7 pts over 3 years

In 2023, the interest coverage of LIGERIENNE GRANULATS (2.8x) 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: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 168 days of revenue, i.e. 14.0 M€ to permanently finance. Over 2014-2023, WCR increased by +98%, requiring additional financing.

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

14 023 701 €

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

52 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

53 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

54 j

WCR in days of revenue (2023) ?
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

168 j

WCR and payment terms evolution
LIGERIENNE GRANULATS

Positioning of LIGERIENNE GRANULATS in its sector

Comparison with sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Valuation estimate

Based on 95 transactions of similar company sales (all years), the value of LIGERIENNE GRANULATS is estimated at 5 977 922 € (range 1 915 561€ - 32 566 267€). With an EBITDA of 5 774 482€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.17x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
95 tx
1915k€ 5977k€ 32566k€
5 977 922 € Range: 1 915 561€ - 32 566 267€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
5 774 482 € × 1.4x
Estimation 8 175 051 €
1 867 286€ - 56 676 596€
Revenue Multiple 30%
30 100 885 € × 0.17x
Estimation 5 228 368 €
2 989 514€ - 11 600 453€
Net Income Multiple 20%
1 388 707 € × 1.2x
Estimation 1 609 434 €
425 322€ - 3 739 171€
How is this estimate calculated?

This estimate is based on the analysis of 95 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 (Exploitation de gravières et sablières, extraction d’argiles et de kaolin)

Compare LIGERIENNE GRANULATS with other companies in the same sector:

Voir toutes les statistiques du secteur Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Frequently asked questions about LIGERIENNE GRANULATS

What is the revenue of LIGERIENNE GRANULATS ?

The revenue of LIGERIENNE GRANULATS in 2023 is 30.1 M€.

Is LIGERIENNE GRANULATS profitable?

Yes, LIGERIENNE GRANULATS generated a net profit of 1.4 M€ in 2023.

Where is the headquarters of LIGERIENNE GRANULATS ?

The headquarters of LIGERIENNE GRANULATS is located in SAINT-PIERRE-DES-CORPS (37700), in the department Indre-et-Loire.

Where to find the tax return of LIGERIENNE GRANULATS ?

The tax return of LIGERIENNE GRANULATS 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 LIGERIENNE GRANULATS operate?

LIGERIENNE GRANULATS operates in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin (NAF code 08.12Z). See the 'Sector positioning' section above to compare the company with its competitors.