Compagnie Generale des Etablissements Michelin SCA Cash Flow Conversion Efficiency
Compagnie Generale des Etablissements Michelin SCA cash flow conversion efficiency. Based on the latest financial reports, Compagnie Generale des Etablissements Michelin SCA (0OFM) has a cash flow conversion efficiency ratio of 0.036x as of June 2021. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€502.00 Million ≈ $586.89 Million USD) by net assets (€13.79 Billion ≈ $16.12 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Compagnie Generale des Etablissements Michelin SCA (2016–2020)
Cash flow conversion efficiency of Compagnie Generale des Etablissements Michelin SCA from 2016 to 2020. This chart illustrates how Compagnie Generale des Etablissements Michelin SCA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Compagnie Generale des Etablissements Mi stock price today for real-time trading data and today's change.
Compagnie Generale des Etablissements Michelin SCA Cash Flow Conversion Ratio Explained
Compagnie Generale des Etablissements Michelin SCA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Compagnie Generale des Etablissements Michelin SCA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Compagnie Generale des Etablissements Michelin SCA ranked by their cash flow conversion efficiency. Also see 0OFM market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xometry Inc
NASDAQ:XMTR
|
0.004x |
|
Enstar Group Limited
NASDAQ:ESGR
|
0.023x |
|
Luzerner Kantonalbank AG
SW:LUKN
|
0.004x |
|
Sabra Healthcare REIT Inc
NASDAQ:SBRA
|
0.031x |
|
Cogent Biosciences Inc
NASDAQ:COGT
|
-0.124x |
|
Camtek Ltd
TA:CAMT
|
0.032x |
|
Parkland Fuel Corporation
TO:PKI
|
0.158x |
|
Beijing Tongrentang Co Ltd
SHG:600085
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Compagnie Generale des Etablissements Michelin SCA (2016–2020)
The table below shows the annual cash flow conversion efficiency of Compagnie Generale des Etablissements Michelin SCA from 2016 to 2020. Review cash generation quality of Compagnie Generale des Etablissements Mi to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2020-12-31 | €12.63 Billion ≈ $14.77 Billion |
€3.37 Billion ≈ $3.94 Billion |
0.266x | +6.11% |
| 2019-12-31 | €13.23 Billion ≈ $15.46 Billion |
€3.32 Billion ≈ $3.88 Billion |
0.251x | +7.84% |
| 2018-12-31 | €12.16 Billion ≈ $14.21 Billion |
€2.83 Billion ≈ $3.31 Billion |
0.233x | -4.63% |
| 2017-12-31 | €11.23 Billion ≈ $13.12 Billion |
€2.74 Billion ≈ $3.20 Billion |
0.244x | -6.40% |
| 2016-12-31 | €10.60 Billion ≈ $12.39 Billion |
€2.77 Billion ≈ $3.23 Billion |
0.261x | -- |
About Compagnie Generale des Etablissements Michelin SCA
Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; and professional use, such as freight and people transport, agriculture, construction and industrial, mining and quarries, corporate fleets, tradesmen and professionals, c… Read more