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 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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. For the full cash flow conversion analysis, see 0OFM operating cash flow.

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. Explore Compagnie Generale des Etablissements Mi debt service capacity to assess how comfortably operating cash covers total debt obligations.

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