Compagnie Generale des Etablissements Michelin SCA (0OFM) — Cash Flow Quality Index

Latest as of December 2021: 2.34x

Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Cash Flow Quality Index of 2.34x as of December 2021. Operating cash flow of €951.00 Million exceeds net income of €407.00 Million, indicating high earnings quality where cash backs reported profits. Explore Compagnie Generale des Etablissements Mi (0OFM) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.34x
Operating CF / Net Income

Operating Cash Flow

€951.00 Million
EUR

Net Income

€407.00 Million
EUR

Data as of

Dec 2021
Most recent filing

Compagnie Generale des Etablissements Michelin SCA Cash Flow Quality Index (2016–2021)

Historical Cash Flow Quality Index for Compagnie Generale des Etablissements Michelin SCA across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 0OFM cash generation efficiency.

Annual Cash Flow Quality Index for Compagnie Generale des Etablissements Michelin SCA (2016–2021)

Year-by-year earnings quality comparison for Compagnie Generale des Etablissements Michelin SCA.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2021 1.58x €2.91 Billion €1.84 Billion ▼ -70.4%
2020 5.33x €3.37 Billion €632.00 Million ▲ +180.8%
2019 1.90x €3.32 Billion €1.75 Billion ▲ +12.4%
2018 1.69x €2.83 Billion €1.68 Billion ▲ +4.3%
2017 1.62x €2.74 Billion €1.69 Billion ▼ -2.4%
2016 1.66x €2.77 Billion €1.67 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.