Compagnie Generale des Etablissements Michelin SCA (0OFM) — Financial Flexibility Index

Latest as of June 2021: 0.05x

Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Financial Flexibility Index of 0.05x as of June 2021. Free cash flow of €829.00 Million (operating CF €502.00 Million minus capex €327.00 Million) represents 0% of total liabilities (€18.39 Billion). Check 0OFM strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

€829.00 Million
Operating CF − Capex

Total Liabilities

€18.39 Billion
EUR

Capital Expenditures

€327.00 Million
EUR

Compagnie Generale des Etablissements Michelin SCA Financial Flexibility Index (2016–2020)

Historical Financial Flexibility Index trend for Compagnie Generale des Etablissements Michelin SCA across 5 annual periods. See how liquid is Compagnie Generale des Etablissements Mi's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Compagnie Generale des Etablissements Michelin SCA (2016–2020)

Year-by-year free cash flow to debt coverage for Compagnie Generale des Etablissements Michelin SCA. For the full company profile including market capitalisation, see 0OFM market cap overview.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2020 0.24x €4.56 Billion €3.37 Billion €19.00 Billion ▼ -9.9%
2019 0.27x €4.92 Billion €3.32 Billion €18.45 Billion ▲ +9.6%
2018 0.24x €4.37 Billion €2.83 Billion €17.97 Billion ▼ -24.4%
2017 0.32x €4.51 Billion €2.74 Billion €14.04 Billion ▲ +3.4%
2016 0.31x €4.58 Billion €2.77 Billion €14.72 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities