Compagnie Generale des Etablissements Michelin SCA (0OFM) — Cash Flow-to-Debt Ratio

Latest as of June 2021: 0.03x

Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Cash Flow-to-Debt Ratio of 0.03x as of June 2021, meaning its operating cash flow of €502.00 Million could theoretically repay 0% of its total liabilities (€18.39 Billion) in one year. See 0OFM free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.03x
Operating CF / Total Liabilities

Operating Cash Flow

€502.00 Million
EUR

Total Liabilities

€18.39 Billion
EUR

Data as of

Jun 2021
Most recent filing

Compagnie Generale des Etablissements Michelin SCA Cash Flow-to-Debt Ratio (2016–2020)

Historical debt coverage capacity for Compagnie Generale des Etablissements Michelin SCA across 5 annual periods. For the full cash flow conversion analysis, see Compagnie Generale des Etablissements Mi cash flow conversion.

Annual Cash Flow-to-Debt Ratio for Compagnie Generale des Etablissements Michelin SCA (2016–2020)

Year-by-year debt coverage analysis for Compagnie Generale des Etablissements Michelin SCA. Check Compagnie Generale des Etablissements Mi cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (EUR) Total Liabilities YoY Change
2020 0.18x €3.37 Billion €19.00 Billion ▼ -1.6%
2019 0.18x €3.32 Billion €18.45 Billion ▲ +14.2%
2018 0.16x €2.83 Billion €17.97 Billion ▼ -19.3%
2017 0.20x €2.74 Billion €14.04 Billion ▲ +3.9%
2016 0.19x €2.77 Billion €14.72 Billion
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.