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 Compagnie Generale des Etablissements Mi free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

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.

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 market value of Compagnie Generale des Etablissements Mi.

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