Compagnie Generale des Etablissements Michelin SCA (0OFM) — Free Cash Flow Generation Index

Latest as of December 2021: 1.44x

Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Free Cash Flow Generation Index of 1.44x as of December 2021. Free cash flow of €1.37 Billion represents 1% of operating cash flow (€951.00 Million). See 0OFM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

1.44x
Free Cash Flow / Operating CF

Free Cash Flow

€1.37 Billion
EUR

Operating Cash Flow

€951.00 Million
EUR

Capital Expenditures

€420.00 Million
EUR

Compagnie Generale des Etablissements Michelin SCA Free Cash Flow Generation Index (2016–2021)

Historical FCF Generation Index trend for Compagnie Generale des Etablissements Michelin SCA across 6 annual periods. Explore 0OFM operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Compagnie Generale des Etablissements Michelin SCA (2016–2021)

Year-by-year Free Cash Flow Generation Index for Compagnie Generale des Etablissements Michelin SCA. For the full company profile including market capitalisation, see 0OFM market cap overview.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2021 1.51x €4.40 Billion €2.91 Billion €1.49 Billion ▲ +11.7%
2020 1.36x €4.56 Billion €3.37 Billion €1.20 Billion ▼ -8.4%
2019 1.48x €4.92 Billion €3.32 Billion €1.59 Billion ▼ -4.0%
2018 1.54x €4.37 Billion €2.83 Billion €1.53 Billion ▼ -6.3%
2017 1.65x €4.51 Billion €2.74 Billion €1.77 Billion ▼ -0.5%
2016 1.65x €4.58 Billion €2.77 Billion €1.81 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).