Compagnie Generale des Etablissements Michelin SCA (0OFM) - 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. Also see Compagnie Generale des Etablissements Mi market capitalisation for the company's overall valuation and market capitalisation.
Compagnie Generale des Etablissements Michelin SCA - Cash Flow Conversion Efficiency Trend (2016–2020)
This chart illustrates how Compagnie Generale des Etablissements Michelin SCA's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore Compagnie Generale des Etablissements Mi earnings quality ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
California Resources Corp
NYSE:CRC
|
0.077x |
|
Rigetti Computing Inc
NASDAQ:RGTI
|
-0.029x |
|
Enstar Group Limited
NASDAQ:ESGR
|
0.023x |
|
UL Solutions Inc.
NYSE:ULS
|
0.164x |
|
BILIBILI INC. DL -0001
F:71BB
|
0.128x |
|
Parkland Fuel Corporation
TO:PKI
|
0.158x |
|
EPAM Systems Inc
NYSE:EPAM
|
-0.001x |
|
BRD Groupe Societe Generale SA
RO:BRD
|
0.308x |
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. View 0OFM live share price for real-time trading data and today's change.
| 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