Compagnie Generale des Etablissements Michelin SCA (0OFM) — Capital Reinvestment Ratio

Latest as of December 2021: 0.44x

Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Capital Reinvestment Ratio of 0.44x as of December 2021, meaning it reinvests 0% of its operating cash flow (€951.00 Million) in capital expenditures (€420.00 Million). See 0OFM equity financing ratio to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

0.44x
Capex / Operating Cash Flow

Operating Cash Flow

€951.00 Million
EUR

Capital Expenditures

€420.00 Million
EUR

Data as of

Dec 2021
Most recent filing

Compagnie Generale des Etablissements Michelin SCA Capital Reinvestment Ratio (2016–2021)

This chart tracks Compagnie Generale des Etablissements Michelin SCA's Capital Reinvestment Ratio across 6 annual periods. Check cash flow reinvestment rate of Compagnie Generale des Etablissements Mi to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Compagnie Generale des Etablissements Michelin SCA (2016–2021)

Year-by-year Capital Reinvestment Ratio for Compagnie Generale des Etablissements Michelin SCA from 2016 to 2021. For live market cap and broader valuation context, see 0OFM market cap overview.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2021 0.51x €2.91 Billion €1.49 Billion ▲ +44.8%
2020 0.36x €3.37 Billion €1.20 Billion ▼ -26.0%
2019 0.48x €3.32 Billion €1.59 Billion ▼ -11.5%
2018 0.54x €2.83 Billion €1.53 Billion ▼ -16.1%
2017 0.65x €2.74 Billion €1.77 Billion ▼ -1.4%
2016 0.65x €2.77 Billion €1.81 Billion
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow