SOCIETE MERIDIONALE DE LITERIE : revenue, balance sheet and financial ratios

SOCIETE MERIDIONALE DE LITERIE is a French company founded 42 years ago, specialized in the sector Commerce de détail de meubles. Based in LATTES (34970), this company of category PME shows in 2022 a revenue of 1.8 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 - SOCIETE MERIDIONALE DE LITERIE (SIREN 327893061)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 1 760 829 € N/C N/C N/C N/C 1 582 123 € 1 678 887 €
Net income 96 642 € 130 675 € 179 326 € 239 104 € 169 925 € 46 095 € 52 395 € 65 037 € 66 839 €
EBITDA N/C N/C 306 995 € N/C N/C N/C N/C 117 847 € 132 424 €
Net margin N/C N/C 10.2% N/C N/C N/C N/C 4.1% 4.0%

Revenue and income statement

In 2024, SOCIETE MERIDIONALE DE LITERIE generates positive net income of 97 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 67 k€ -> 97 k€.

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

96 642 €

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 3%. 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 75%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

3.476%

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

75.206%

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

42.4%

Solvency indicators evolution
SOCIETE MERIDIONALE DE LITERIE

Sector positioning

Debt ratio
3.48 2024
2022
2023
2024
Q1: 1.63
Med: 24.85
Q3: 81.95
Good

In 2024, the debt ratio of SOCIETE MERIDIONALE DE LI... (3.48) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
75.21% 2024
2022
2023
2024
Q1: 11.72%
Med: 29.88%
Q3: 50.21%
Excellent

In 2024, the financial autonomy of SOCIETE MERIDIONALE DE LI... (75.2%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.11 years 2022
2022
Q1: 0.0 years
Med: 0.76 years
Q3: 2.91 years
Good

In 2022, the repayment capacity of SOCIETE MERIDIONALE DE LI... (0.11) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 404.26. 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

404.256

Liquidity indicators evolution
SOCIETE MERIDIONALE DE LITERIE

Sector positioning

Liquidity ratio
404.26 2024
2022
2023
2024
Q1: 115.32
Med: 162.76
Q3: 261.62
Excellent

In 2024, the liquidity ratio of SOCIETE MERIDIONALE DE LI... (404.26) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.12x 2022
2022
Q1: 0.0x
Med: 0.99x
Q3: 3.87x
Average

In 2022, the interest coverage of SOCIETE MERIDIONALE DE LI... (0.1x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 225 days. Excellent situation: suppliers finance 225 days of the operating cycle (retail model).

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

225 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
SOCIETE MERIDIONALE DE LITERIE

Positioning of SOCIETE MERIDIONALE DE LITERIE in its sector

Comparison with sector Commerce de détail de meubles

Valuation estimate

Based on 61 transactions of similar company sales in 2024, the value of SOCIETE MERIDIONALE DE LITERIE is estimated at 461 917 € (range 208 863€ - 766 974€). 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 2024
61 tx
208k€ 461k€ 766k€
461 917 € Range: 208 863€ - 766 974€
NAF 5 année 2024

Valuation method used

Net Income Multiple
96 642 € × 4.8x = 461 917 €
Range: 208 864€ - 766 975€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 61 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 (Commerce de détail de meubles)

Compare SOCIETE MERIDIONALE DE LITERIE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail de meubles

Frequently asked questions about SOCIETE MERIDIONALE DE LITERIE

What is the revenue of SOCIETE MERIDIONALE DE LITERIE ?

The revenue of SOCIETE MERIDIONALE DE LITERIE in 2022 is 1.8 M€.

Is SOCIETE MERIDIONALE DE LITERIE profitable?

Yes, SOCIETE MERIDIONALE DE LITERIE generated a net profit of 97 k€ in 2024.

Where is the headquarters of SOCIETE MERIDIONALE DE LITERIE ?

The headquarters of SOCIETE MERIDIONALE DE LITERIE is located in LATTES (34970), in the department Herault.

Where to find the tax return of SOCIETE MERIDIONALE DE LITERIE ?

The tax return of SOCIETE MERIDIONALE DE LITERIE 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 MERIDIONALE DE LITERIE operate?

SOCIETE MERIDIONALE DE LITERIE operates in the sector Commerce de détail de meubles (NAF code 47.59A). See the 'Sector positioning' section above to compare the company with its competitors.