Compagnie Generale des Etablissements Michelin SCA (ML) — Defensive Interval Ratio

Latest as of December 2025: 183 days

Compagnie Generale des Etablissements Michelin SCA (ML) has a Defensive Interval Ratio of 183 days as of December 2025. Defensive assets of €3.76 Billion (cash €-, short-term investments €290.00 Million, receivables €3.47 Billion) cover 183 days of daily cash needs of €20.56 Million/day. Check ML goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

183 days
Days of operational coverage

Defensive Assets

€3.76 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€20.56 Million
Current Liabilities ÷ 365

Current Liabilities

€7.50 Billion
EUR

Compagnie Generale des Etablissements Michelin SCA Defensive Interval Ratio (2002–2025)

This chart shows how Compagnie Generale des Etablissements Michelin SCA's Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 183 days, meaning defensive assets of €3.76 Billion can fund 183 days of operations without new revenue. Also explore net asset momentum of Compagnie Generale des Etablissements Mi to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Compagnie Generale des Etablissements Michelin SCA (2002–2025)

The table below presents the year-by-year Defensive Interval Ratio for Compagnie Generale des Etablissements Michelin SCA from 2002 to 2025, covering 24 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Compagnie Generale des Etablissements Mi (ML) total market value.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 183 days €3.76 Billion €20.56 Million/day €- €290.00 Million ▲ +13 days
2024 170 days €4.06 Billion €23.86 Million/day €- €290.00 Million ▼ -73 days
2023 243 days €5.16 Billion €21.22 Million/day €- €285.00 Million ▲ +28 days
2022 215 days €5.33 Billion €24.76 Million/day €- €285.00 Million ▲ +24 days
2021 191 days €4.63 Billion €24.27 Million/day €- €435.00 Million ▼ -7 days
2020 198 days €3.87 Billion €19.55 Million/day €- €285.00 Million ▼ -23 days
2019 221 days €4.29 Billion €19.43 Million/day €- €180.00 Million ▲ +27 days
2018 194 days €3.74 Billion €19.26 Million/day €- €180.00 Million ▼ -13 days
2017 207 days €3.34 Billion €16.12 Million/day €- €180.00 Million ▲ +19 days
2016 188 days €3.31 Billion €17.59 Million/day €- €162.00 Million ▼ -28 days
2015 216 days €3.08 Billion €14.30 Million/day €- €205.00 Million ▲ +2 days
2014 214 days €2.99 Billion €13.99 Million/day €- €313.00 Million ▼ -16 days
2013 230 days €3.06 Billion €13.31 Million/day €- €496.00 Million ▼ -5 days
2012 234 days €3.49 Billion €14.90 Million/day €- €292.00 Million ▲ +11 days
2011 224 days €3.43 Billion €15.35 Million/day €- €333.00 Million ▼ -51 days
2010 275 days €3.65 Billion €13.27 Million/day €- €882.00 Million ▲ +45 days
2009 230 days €2.48 Billion €10.78 Million/day €- €165.00 Million ▲ +29 days
2008 200 days €2.63 Billion €13.12 Million/day €- €173.00 Million ▼ -34 days
2007 235 days €3.03 Billion €12.91 Million/day €- €35.00 Million ▲ +231 days
2006 3 days €56.00 Million €16.01 Million/day €- €56.00 Million ▼ -11 days
2005 14 days €206.00 Million €14.63 Million/day €- €206.00 Million ▼ -210 days
2004 224 days €3.35 Billion €14.97 Million/day €- €143.00 Million ▼ -84 days
2003 308 days €2.98 Billion €9.69 Million/day €- €- ▼ -36 days
2002 344 days €3.15 Billion €9.15 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)