Compagnie Generale des Etablissements Michelin SCA (0OFM) — Net Asset Quality Index
Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Net Asset Quality Index of 42.8% as of June 2021. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €32.18 Billion minus total liabilities of €18.39 Billion yields net assets of €13.79 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Compagnie Generale des Etablissements Mi liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Compagnie Generale des Etablissements Michelin SCA Net Asset Quality Index Over Time (2016–2020)
This chart shows how Compagnie Generale des Etablissements Michelin SCA's Net Asset Quality Index has evolved across 5 annual periods from 2016 to 2020. As of June 2021, the index stands at 42.8%, representing net assets of €13.79 Billion against total assets of €32.18 Billion EUR. See Compagnie Generale des Etablissements Mi (0OFM) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Compagnie Generale des Etablissements Michelin SCA (2016–2020)
The table below presents the year-by-year Net Asset Quality Index for Compagnie Generale des Etablissements Michelin SCA from 2016 to 2020, covering 5 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Compagnie Generale des Etablissements Mi market capitalisation.
| Year | Quality Index | Net Assets (EUR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 39.9% | €12.63 Billion | €31.64 Billion | €19.00 Billion | ▼ -1.8 pp |
| 2019 | 41.8% | €13.23 Billion | €31.68 Billion | €18.45 Billion | ▲ +1.4 pp |
| 2018 | 40.4% | €12.16 Billion | €30.13 Billion | €17.97 Billion | ▼ -4.1 pp |
| 2017 | 44.4% | €11.23 Billion | €25.27 Billion | €14.04 Billion | ▲ +2.6 pp |
| 2016 | 41.9% | €10.60 Billion | €25.32 Billion | €14.72 Billion | — |