SAINT MEEN DEVELOPPEMENT : revenue, balance sheet and financial ratios

SAINT MEEN DEVELOPPEMENT is a French company founded 4 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in SAINT-HILAIRE-DE-BRETHMAS (30560), this company of category PME shows in 2023 a revenue of 57 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - SAINT MEEN DEVELOPPEMENT (SIREN 908900848)
Indicator 2024 2023 2022
Revenue N/C 56 612 € 67 467 €
Net income -26 152 € 23 955 € 3 501 €
EBITDA N/C 50 305 € 22 978 €
Net margin N/C 42.3% 5.2%

Revenue and income statement

In 2024, SAINT MEEN DEVELOPPEMENT records a net loss of 26 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

-26 152 €

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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 17333%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

17332.783%

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

0.555%

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

88.1%

Solvency indicators evolution
SAINT MEEN DEVELOPPEMENT

Sector positioning

Debt ratio
17332.78 2024
2022
2023
2024
Q1: -21.15
Med: 5.9
Q3: 146.94
Average

In 2024, the debt ratio of SAINT MEEN DEVELOPPEMENT (17332.78) 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
0.56% 2024
2022
2023
2024
Q1: 0.03%
Med: 27.42%
Q3: 73.8%
Average

In 2024, the financial autonomy of SAINT MEEN DEVELOPPEMENT (0.6%) 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
9.6 years 2023
2022
2023
Q1: -0.3 years
Med: 0.44 years
Q3: 10.35 years
Average

In 2023, the repayment capacity of SAINT MEEN DEVELOPPEMENT (9.60) 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 233.71. 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

233.71

Liquidity indicators evolution
SAINT MEEN DEVELOPPEMENT

Sector positioning

Liquidity ratio
233.71 2024
2022
2023
2024
Q1: 83.19
Med: 307.52
Q3: 1319.53
Average -28 pts over 3 years

In 2024, the liquidity ratio of SAINT MEEN DEVELOPPEMENT (233.71) 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
7.78x 2023
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 16.99x
Good -14 pts over 2 years

In 2023, the interest coverage of SAINT MEEN DEVELOPPEMENT (7.8x) 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: 4518 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 4518 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.

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

4518 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
SAINT MEEN DEVELOPPEMENT

Positioning of SAINT MEEN DEVELOPPEMENT in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Similar companies (Location de terrains et d'autres biens immobiliers)

Compare SAINT MEEN DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about SAINT MEEN DEVELOPPEMENT

What is the revenue of SAINT MEEN DEVELOPPEMENT ?

The revenue of SAINT MEEN DEVELOPPEMENT in 2023 is 57 k€.

Is SAINT MEEN DEVELOPPEMENT profitable?

SAINT MEEN DEVELOPPEMENT recorded a net loss in 2024.

Where is the headquarters of SAINT MEEN DEVELOPPEMENT ?

The headquarters of SAINT MEEN DEVELOPPEMENT is located in SAINT-HILAIRE-DE-BRETHMAS (30560), in the department Gard.

Where to find the tax return of SAINT MEEN DEVELOPPEMENT ?

The tax return of SAINT MEEN DEVELOPPEMENT 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 SAINT MEEN DEVELOPPEMENT operate?

SAINT MEEN DEVELOPPEMENT operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.