Compagnie Generale des Etablissements Michelin SCA (ML) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Compagnie Generale des Etablissements Michelin SCA (ML) has a cash flow conversion efficiency ratio of 0.044x as of June 2025. 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 (€789.00 Million ≈ $922.42 Million USD) by net assets (€17.74 Billion ≈ $20.74 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Compagnie Generale des Etablissements Michelin SCA - Cash Flow Conversion Efficiency Trend (2002–2025)
This chart illustrates how Compagnie Generale des Etablissements Michelin SCA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Compagnie Generale des Etablissements Mi (ML) financial obligations for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Qnity Electronics, Inc
NYSE:Q
|
0.067x |
|
AerCap Holdings NV
NYSE:AER
|
0.065x |
|
Vodafone Group Plc
F:VODJ
|
0.104x |
|
Telefônica Brasil S.A.
SA:VIVT3
|
0.067x |
|
Semiconductor Manufacturing International Corporation
F:MKN2
|
0.044x |
|
Bridgestone Corporation
F:BGTA
|
0.022x |
|
KeyCorp
NYSE:KEY
|
0.019x |
|
Credicorp Ltd
F:D8V
|
-0.020x |
Annual Cash Flow Conversion Efficiency for Compagnie Generale des Etablissements Michelin SCA (2002–2025)
The table below shows the annual cash flow conversion efficiency of Compagnie Generale des Etablissements Michelin SCA from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see ML company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €18.08 Billion ≈ $21.13 Billion |
€3.82 Billion ≈ $4.46 Billion |
0.211x | -9.20% |
| 2024-12-31 | €18.63 Billion ≈ $21.79 Billion |
€4.34 Billion ≈ $5.07 Billion |
0.233x | -20.96% |
| 2023-12-31 | €17.96 Billion ≈ $20.99 Billion |
€5.29 Billion ≈ $6.18 Billion |
0.294x | +160.96% |
| 2022-12-31 | €17.12 Billion ≈ $20.01 Billion |
€1.93 Billion ≈ $2.26 Billion |
0.113x | -41.88% |
| 2021-12-31 | €14.97 Billion ≈ $17.50 Billion |
€2.91 Billion ≈ $3.40 Billion |
0.194x | -27.16% |
| 2020-12-31 | €12.63 Billion ≈ $14.77 Billion |
€3.37 Billion ≈ $3.94 Billion |
0.266x | +6.15% |
| 2019-12-31 | €13.23 Billion ≈ $15.47 Billion |
€3.32 Billion ≈ $3.88 Billion |
0.251x | +8.02% |
| 2018-12-31 | €12.18 Billion ≈ $14.24 Billion |
€2.83 Billion ≈ $3.31 Billion |
0.232x | -4.52% |
| 2017-12-31 | €11.26 Billion ≈ $13.17 Billion |
€2.74 Billion ≈ $3.20 Billion |
0.243x | -6.28% |
| 2016-12-31 | €10.65 Billion ≈ $12.45 Billion |
€2.77 Billion ≈ $3.23 Billion |
0.260x | -8.04% |
| 2015-12-31 | €9.54 Billion ≈ $11.16 Billion |
€2.69 Billion ≈ $3.15 Billion |
0.282x | +6.59% |
| 2014-12-31 | €9.52 Billion ≈ $11.13 Billion |
€2.52 Billion ≈ $2.95 Billion |
0.265x | -20.60% |
| 2013-12-31 | €9.26 Billion ≈ $10.82 Billion |
€3.09 Billion ≈ $3.61 Billion |
0.334x | -3.04% |
| 2012-12-31 | €8.50 Billion ≈ $9.94 Billion |
€2.93 Billion ≈ $3.42 Billion |
0.344x | +133.14% |
| 2011-12-31 | €8.10 Billion ≈ $9.47 Billion |
€1.20 Billion ≈ $1.40 Billion |
0.148x | -9.24% |
| 2010-12-31 | €8.13 Billion ≈ $9.50 Billion |
€1.32 Billion ≈ $1.55 Billion |
0.163x | -57.90% |
| 2009-12-31 | €5.50 Billion ≈ $6.42 Billion |
€2.12 Billion ≈ $2.48 Billion |
0.386x | +115.89% |
| 2008-12-31 | €5.11 Billion ≈ $5.98 Billion |
€915.00 Million ≈ $1.07 Billion |
0.179x | -49.16% |
| 2007-12-31 | €5.29 Billion ≈ $6.18 Billion |
€1.86 Billion ≈ $2.18 Billion |
0.352x | +41.40% |
| 2006-12-31 | €4.69 Billion ≈ $5.48 Billion |
€1.17 Billion ≈ $1.36 Billion |
0.249x | +12.69% |
| 2005-12-31 | €4.53 Billion ≈ $5.29 Billion |
€1.00 Billion ≈ $1.17 Billion |
0.221x | -32.94% |
| 2004-12-31 | €3.55 Billion ≈ $4.15 Billion |
€1.17 Billion ≈ $1.37 Billion |
0.329x | -5.83% |
| 2003-12-31 | €4.41 Billion ≈ $5.15 Billion |
€1.54 Billion ≈ $1.80 Billion |
0.350x | +2.63% |
| 2002-12-31 | €4.50 Billion ≈ $5.26 Billion |
€1.53 Billion ≈ $1.79 Billion |
0.341x | -- |
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