TI GROUP AUTOMOTIVE SYSTEMS : revenue, balance sheet and financial ratios

TI GROUP AUTOMOTIVE SYSTEMS is a French company founded 126 years ago, specialized in the sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier . Based in NAZELLES-NEGRON (37530), this company of category ETI shows in 2024 a revenue of 35.1 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 - TI GROUP AUTOMOTIVE SYSTEMS (SIREN 542100003)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 35 116 520 € 40 622 629 € 36 520 255 € 33 049 595 € 39 067 147 € 54 634 347 € 55 881 217 € 60 587 365 € 53 846 145 €
Net income 368 161 € -428 198 € -1 312 809 € -1 374 113 € 94 491 € 1 335 726 € 3 099 661 € 3 226 680 € 1 278 788 €
EBITDA -1 304 371 € -869 681 € -1 384 739 € -1 702 217 € 845 685 € 3 142 756 € 3 967 039 € 4 084 089 € 2 305 940 €
Net margin 1.0% -1.1% -3.6% -4.2% 0.2% 2.4% 5.5% 5.3% 2.4%

Revenue and income statement

In 2024, TI GROUP AUTOMOTIVE SYSTEMS achieves revenue of 35.1 M€. Revenue is declining over the period 2016-2024 (CAGR: -5.2%). Significant drop of -14% vs 2023. After deducting consumption (13.9 M€), gross margin stands at 21.2 M€, i.e. a rate of 60%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.3 M€, representing -3.7% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 368 k€, i.e. 1.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

35 116 520 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

21 244 219 €

EBITDA (2024) ?
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

-1 304 371 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

46 527 €

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

368 161 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.7%

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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 13%. 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 47%. 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 1.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

12.519%

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

47.476%

Cash flow / Revenue (2024) ?
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

2.622%

Repayment capacity (2024) ?
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

1.847

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

12.0%

Solvency indicators evolution
TI GROUP AUTOMOTIVE SYSTEMS

Sector positioning

Debt ratio
12.52 2024
2022
2023
2024
Q1: 0.03
Med: 13.65
Q3: 57.82
Good

In 2024, the debt ratio of TI GROUP AUTOMOTIVE SYSTEMS (12.52) 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
47.48% 2024
2022
2023
2024
Q1: 13.28%
Med: 44.95%
Q3: 59.44%
Good

In 2024, the financial autonomy of TI GROUP AUTOMOTIVE SYSTEMS (47.5%) 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
1.85 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.16 years
Q3: 1.83 years
Average +50 pts over 3 years

In 2024, the repayment capacity of TI GROUP AUTOMOTIVE SYSTEMS (1.85) 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 291.96. 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

291.958

Interest coverage (2024) ?
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

-7.745

Liquidity indicators evolution
TI GROUP AUTOMOTIVE SYSTEMS

Sector positioning

Liquidity ratio
291.96 2024
2022
2023
2024
Q1: 149.97
Med: 231.36
Q3: 292.15
Good

In 2024, the liquidity ratio of TI GROUP AUTOMOTIVE SYSTEMS (291.96) 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.

Interest coverage
-7.75x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.07x
Q3: 7.63x
Average

In 2024, the interest coverage of TI GROUP AUTOMOTIVE SYSTEMS (-7.8x) 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: 79 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The gap of 31 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 62 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 187 days of revenue, i.e. 18.2 M€ to permanently finance. Over 2016-2024, WCR increased by +121%, requiring additional financing.

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

18 235 658 €

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

79 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

48 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

62 j

WCR in days of revenue (2024) ?
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

187 j

WCR and payment terms evolution
TI GROUP AUTOMOTIVE SYSTEMS

Positioning of TI GROUP AUTOMOTIVE SYSTEMS in its sector

Comparison with sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier

Similar companies (Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier )

Compare TI GROUP AUTOMOTIVE SYSTEMS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier

Frequently asked questions about TI GROUP AUTOMOTIVE SYSTEMS

What is the revenue of TI GROUP AUTOMOTIVE SYSTEMS ?

The revenue of TI GROUP AUTOMOTIVE SYSTEMS in 2024 is 35.1 M€.

Is TI GROUP AUTOMOTIVE SYSTEMS profitable?

Yes, TI GROUP AUTOMOTIVE SYSTEMS generated a net profit of 368 k€ in 2024.

Where is the headquarters of TI GROUP AUTOMOTIVE SYSTEMS ?

The headquarters of TI GROUP AUTOMOTIVE SYSTEMS is located in NAZELLES-NEGRON (37530), in the department Indre-et-Loire.

Where to find the tax return of TI GROUP AUTOMOTIVE SYSTEMS ?

The tax return of TI GROUP AUTOMOTIVE SYSTEMS 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 TI GROUP AUTOMOTIVE SYSTEMS operate?

TI GROUP AUTOMOTIVE SYSTEMS operates in the sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier (NAF code 24.20Z). See the 'Sector positioning' section above to compare the company with its competitors.