Compagnie Generale des Etablissements Michelin SCA (ML) — Net Asset Quality Index

Latest as of December 2025: 51.6%

Compagnie Generale des Etablissements Michelin SCA (ML) has a Net Asset Quality Index of 51.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €35.02 Billion minus total liabilities of €16.94 Billion yields net assets of €18.08 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check ML cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

51.6%
Equity / Total Assets

Net Assets

€18.08 Billion
EUR

Total Assets

€35.02 Billion
EUR

Total Liabilities

€16.94 Billion
EUR

Compagnie Generale des Etablissements Michelin SCA Net Asset Quality Index Over Time (2002–2025)

This chart shows how Compagnie Generale des Etablissements Michelin SCA's Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the index stands at 51.6%, representing net assets of €18.08 Billion against total assets of €35.02 Billion EUR. See ML working capital 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 (2002–2025)

The table below presents the year-by-year Net Asset Quality Index for Compagnie Generale des Etablissements Michelin SCA from 2002 to 2025, covering 24 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)
2025 51.6% €18.08 Billion €35.02 Billion €16.94 Billion ▲ +1.7 pp
2024 49.9% €18.63 Billion €37.35 Billion €18.72 Billion ▼ -1.1 pp
2023 51.0% €17.96 Billion €35.20 Billion €17.24 Billion ▲ +2.6 pp
2022 48.4% €17.12 Billion €35.35 Billion €18.23 Billion ▲ +5.1 pp
2021 43.3% €14.97 Billion €34.54 Billion €19.57 Billion ▲ +3.4 pp
2020 39.9% €12.63 Billion €31.64 Billion €19.01 Billion ▼ -1.8 pp
2019 41.8% €13.23 Billion €31.68 Billion €18.45 Billion ▲ +1.3 pp
2018 40.4% €12.18 Billion €30.13 Billion €17.95 Billion ▼ -4.1 pp
2017 44.6% €11.26 Billion €25.27 Billion €14.01 Billion ▲ +2.5 pp
2016 42.0% €10.65 Billion €25.32 Billion €14.68 Billion ▲ +2.1 pp
2015 39.9% €9.54 Billion €23.89 Billion €14.35 Billion ▼ -2.5 pp
2014 42.4% €9.52 Billion €22.43 Billion €12.91 Billion ▼ -2.3 pp
2013 44.8% €9.26 Billion €20.68 Billion €11.43 Billion ▲ +5.4 pp
2012 39.4% €8.50 Billion €21.58 Billion €13.08 Billion ▲ +0.6 pp
2011 38.8% €8.10 Billion €20.89 Billion €12.79 Billion ▼ -2.5 pp
2010 41.3% €8.13 Billion €19.66 Billion €11.54 Billion ▲ +8.1 pp
2009 33.3% €5.50 Billion €16.52 Billion €11.02 Billion ▲ +2.5 pp
2008 30.8% €5.11 Billion €16.59 Billion €11.48 Billion ▼ -1.3 pp
2007 32.2% €5.29 Billion €16.45 Billion €11.16 Billion ▲ +4.4 pp
2006 27.8% €4.69 Billion €16.87 Billion €12.19 Billion ▲ +1.0 pp
2005 26.8% €4.53 Billion €16.88 Billion €12.35 Billion ▲ +4.8 pp
2004 22.1% €3.55 Billion €16.07 Billion €12.53 Billion ▼ -5.2 pp
2003 27.3% €4.41 Billion €16.17 Billion €11.76 Billion ▼ -0.3 pp
2002 27.6% €4.50 Billion €16.31 Billion €11.81 Billion
pp = percentage points