Compagnie Generale des Etablissements Michelin SCA (0OFM) — Cash Flow Reinvestment Rate

Latest as of December 2021: 0.53x

Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Cash Flow Reinvestment Rate of 0.53x as of December 2021, reinvesting €500.00 Million (capex €420.00 Million plus investments €-80.00 Million) from operating cash flow of €951.00 Million. See how much free cash does Compagnie Generale des Etablissements Mi generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.53x
(Capex + Investments) / Operating CF

Total Reinvested

€500.00 Million
Capex + Investments

Operating Cash Flow

€951.00 Million
EUR

Capital Expenditures

€420.00 Million
EUR

Compagnie Generale des Etablissements Michelin SCA Cash Flow Reinvestment Rate (2016–2021)

Historical reinvestment intensity for Compagnie Generale des Etablissements Michelin SCA across 6 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Compagnie Generale des Etablissements Mi.

Annual Cash Flow Reinvestment Rate for Compagnie Generale des Etablissements Michelin SCA (2016–2021)

Year-by-year capital reinvestment analysis for Compagnie Generale des Etablissements Michelin SCA. See Compagnie Generale des Etablissements Mi (0OFM) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2021 0.57x €1.67 Billion €2.91 Billion €1.49 Billion ▲ +52.2%
2020 0.38x €1.27 Billion €3.37 Billion €1.20 Billion ▼ -23.3%
2019 0.49x €1.63 Billion €3.32 Billion €1.59 Billion ▼ -20.7%
2018 0.62x €1.75 Billion €2.83 Billion €1.53 Billion ▼ -4.1%
2017 0.65x €1.77 Billion €2.74 Billion €1.77 Billion ▼ -1.4%
2016 0.65x €1.81 Billion €2.77 Billion €1.81 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow