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. See 0OFM days of operational coverage to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Enstar Group Limited
NASDAQ:ESGR
|
0.023x |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
0.070x |
|
Luzerner Kantonalbank AG
SW:LUKN
|
0.004x |
|
NEPI Rockcastle PLC
AS:NRP
|
0.034x |
|
Huaan Securities Co Ltd
SHG:600909
|
0.085x |
|
Parkland Fuel Corporation
TO:PKI
|
0.158x |
|
INPOST S.A. EO -01
F:669
|
N/A |
|
CG Oncology, Inc. Common stock
NASDAQ:CGON
|
-0.048x |
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. For the full company profile with market capitalisation and key ratios, see Compagnie Generale des Etablissements Mi market cap and net worth.
| 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