TOTALENERGIES RAFFINAGE CHIMIE : revenue, balance sheet and financial ratios

TOTALENERGIES RAFFINAGE CHIMIE is a French company founded 57 years ago, specialized in the sector Activités des sièges sociaux. Based in COURBEVOIE (92400), this company of category GE shows in 2024 a revenue of 506.5 M€. 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 - TOTALENERGIES RAFFINAGE CHIMIE (SIREN 692004807)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 506 485 099 € 441 675 009 € 439 693 076 € 452 945 587 € 406 698 782 € 383 257 038 € 364 257 823 € 335 002 469 € 352 125 221 €
Net income 30 840 975 991 € 1 752 812 244 € 241 575 876 € 37 397 808 € 1 579 288 454 € 80 514 847 € 613 577 404 € 124 810 293 € 152 354 252 €
EBITDA -55 236 383 € -97 488 318 € -70 841 788 € -77 212 529 € -72 336 273 € -79 224 698 € -102 109 007 € -78 937 016 € -82 569 994 €
Net margin 6089.2% 396.9% 54.9% 8.3% 388.3% 21.0% 168.4% 37.3% 43.3%

Revenue and income statement

In 2024, TOTALENERGIES RAFFINAGE CHIMIE achieves revenue of 506.5 M€. Revenue is growing positively over 9 years (CAGR: +4.6%). Vs 2023, growth of +15% (441.7 M€ -> 506.5 M€). After deducting consumption (470.3 M€), gross margin stands at 36.1 M€, i.e. a rate of 7%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -55.2 M€, representing -10.9% of revenue. Positive scissor effect: EBITDA margin improves by +11.2 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 30.8 Bn€, i.e. 6089.2% 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

506 485 099 €

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

36 141 167 €

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

-55 236 383 €

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

-39 885 309 €

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

30 840 975 991 €

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

-10.9%

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 0%. 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 98%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 606.3% 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 (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

0.368%

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

97.841%

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

606.333%

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

0.016

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

70.5%

Solvency indicators evolution
TOTALENERGIES RAFFINAGE CHIMIE

Sector positioning

Debt ratio
0.37 2024
2022
2023
2024
Q1: 0.06
Med: 14.6
Q3: 89.53
Good

In 2024, the debt ratio of TOTALENERGIES RAFFINAGE C... (0.37) 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
97.84% 2024
2022
2023
2024
Q1: 11.56%
Med: 51.97%
Q3: 85.23%
Excellent

In 2024, the financial autonomy of TOTALENERGIES RAFFINAGE C... (97.8%) 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
0.02 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 3.73 years
Good

In 2024, the repayment capacity of TOTALENERGIES RAFFINAGE C... (0.02) 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 445.90. 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

445.899

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

-115.206

Liquidity indicators evolution
TOTALENERGIES RAFFINAGE CHIMIE

Sector positioning

Liquidity ratio
445.9 2024
2022
2023
2024
Q1: 116.68
Med: 458.4
Q3: 2174.13
Average

In 2024, the liquidity ratio of TOTALENERGIES RAFFINAGE C... (445.90) 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
-115.21x 2024
2022
2023
2024
Q1: -45.52x
Med: 0.0x
Q3: 2.86x
Average

In 2024, the interest coverage of TOTALENERGIES RAFFINAGE C... (-115.2x) 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: 171 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 108 days. The gap of 63 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 626 days of revenue, i.e. 881.2 M€ to permanently finance.

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

881 152 386 €

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

171 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

108 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 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

626 j

WCR and payment terms evolution
TOTALENERGIES RAFFINAGE CHIMIE

Positioning of TOTALENERGIES RAFFINAGE CHIMIE in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 103 transactions of similar company sales in 2024, the value of TOTALENERGIES RAFFINAGE CHIMIE is estimated at 117 408 158 206 € (range 40 328 942 711€ - 316 066 149 725€). The price/revenue ratio is 0.38x (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.

Estimated enterprise value 2024
103 transactions
40328942k€ 117408158k€ 316066149k€
117 408 158 206 € Range: 40 328 942 711€ - 316 066 149 725€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
506 485 099 € × 0.38x
Estimation 191 257 909 €
91 159 188€ - 386 274 838€
Net Income Multiple 20%
30 840 975 991 € × 9.5x
Estimation 293 233 508 651 €
100 685 617 995€ - 789 585 962 057€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 103 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 (Activités des sièges sociaux)

Compare TOTALENERGIES RAFFINAGE CHIMIE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about TOTALENERGIES RAFFINAGE CHIMIE

What is the revenue of TOTALENERGIES RAFFINAGE CHIMIE ?

The revenue of TOTALENERGIES RAFFINAGE CHIMIE in 2024 is 506.5 M€.

Is TOTALENERGIES RAFFINAGE CHIMIE profitable?

Yes, TOTALENERGIES RAFFINAGE CHIMIE generated a net profit of 30.8 Mds€ in 2024.

Where is the headquarters of TOTALENERGIES RAFFINAGE CHIMIE ?

The headquarters of TOTALENERGIES RAFFINAGE CHIMIE is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of TOTALENERGIES RAFFINAGE CHIMIE ?

The tax return of TOTALENERGIES RAFFINAGE CHIMIE 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 TOTALENERGIES RAFFINAGE CHIMIE operate?

TOTALENERGIES RAFFINAGE CHIMIE operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.