SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN : revenue, balance sheet and financial ratios

SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN is a French company founded 11 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in SAINT-PIERRE (97410), this company of category PME shows in 2022 a revenue of 9.0 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 - SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN (SIREN 810283473)
Indicator 2023 2022 2021 2020 2019 2018
Revenue N/C 8 973 537 € 8 651 647 € 4 265 402 € 6 707 892 € 5 554 866 €
Net income 89 446 € 423 935 € 329 068 € -130 927 € 425 341 € 358 914 €
EBITDA N/C 586 882 € 560 672 € 15 804 € 536 839 € 338 851 €
Net margin N/C 4.7% 3.8% -3.1% 6.3% 6.5%

Revenue and income statement

In 2023, SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN generates positive net income of 89 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2023: 359 k€ -> 89 k€.

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

89 446 €

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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 149%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 21%. 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

148.867%

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

21.411%

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

62.2%

Solvency indicators evolution
SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN

Sector positioning

Debt ratio
148.87 2023
2021
2022
2023
Q1: 7.85
Med: 36.01
Q3: 94.84
Average

In 2023, the debt ratio of SOCIETE DE TERRASSEMENT E... (148.87) 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
21.41% 2023
2021
2022
2023
Q1: 19.68%
Med: 37.72%
Q3: 54.76%
Average

In 2023, the financial autonomy of SOCIETE DE TERRASSEMENT E... (21.4%) 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
2.75 years 2022
2021
2022
Q1: 0.0 years
Med: 0.86 years
Q3: 2.66 years
Average

In 2022, the repayment capacity of SOCIETE DE TERRASSEMENT E... (2.75) 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 119.17. 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

119.166

Liquidity indicators evolution
SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN

Sector positioning

Liquidity ratio
119.17 2023
2021
2022
2023
Q1: 140.28
Med: 196.99
Q3: 296.56
Watch

In 2023, the liquidity ratio of SOCIETE DE TERRASSEMENT E... (119.17) 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
5.4x 2022
2021
2022
Q1: 0.0x
Med: 0.87x
Q3: 3.24x
Excellent

In 2022, the interest coverage of SOCIETE DE TERRASSEMENT E... (5.4x) 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. Average customer payment term: 1370 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 2795 days. Excellent situation: suppliers finance 1425 days of the operating cycle (retail model).

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

1370 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

2795 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
SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN

Positioning of SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN is estimated at 314 441 € (range 87 717€ - 880 221€). 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.

Estimated enterprise value 2023
120 transactions
87k€ 314k€ 880k€
314 441 € Range: 87 717€ - 880 221€
NAF 5 all-time

Valuation method used

Net Income Multiple
89 446 € × 3.5x = 314 441 €
Range: 87 718€ - 880 221€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Travaux de terrassement courants et travaux préparatoires)

Compare SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN

What is the revenue of SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN ?

The revenue of SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN in 2022 is 9.0 M€.

Is SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN profitable?

Yes, SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN generated a net profit of 89 k€ in 2023.

Where is the headquarters of SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN ?

The headquarters of SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN is located in SAINT-PIERRE (97410), in the department La Reunion.

Where to find the tax return of SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN ?

The tax return of SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN 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 SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN operate?

SOCIETE DE TERRASSEMENT ET DE RECYCLAGE DE L'OCEAN INDIEN operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.