Compagnie Generale des Etablissements Michelin SCA
Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; and professional use, such as freight and people transport, agriculture, construction and industrial, mining and quarries, corporate fleets, tradesmen and professionals, c… Read more
Compagnie Generale des Etablissements Michelin SCA (0OFM) - Total Assets
Latest total assets as of June 2021: €32.18 Billion EUR
Based on the latest financial reports, Compagnie Generale des Etablissements Michelin SCA (0OFM) holds total assets worth €32.18 Billion EUR as of June 2021.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Compagnie Generale des Etablissements Michelin SCA - Total Assets Trend (2016–2020)
This chart illustrates how Compagnie Generale des Etablissements Michelin SCA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Compagnie Generale des Etablissements Michelin SCA - Asset Composition Analysis
Current Asset Composition (December 2020)
Compagnie Generale des Etablissements Michelin SCA's total assets of €32.18 Billion consist of 41.4% current assets and 58.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 14.2% |
| Accounts Receivable | €3.35 Billion | 10.6% |
| Inventory | €3.96 Billion | 12.5% |
| Property, Plant & Equipment | €11.90 Billion | 37.6% |
| Intangible Assets | €1.98 Billion | 6.3% |
| Goodwill | €2.14 Billion | 6.8% |
Asset Composition Trend (2016–2020)
This chart illustrates how Compagnie Generale des Etablissements Michelin SCA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Compagnie Generale des Etablissements Michelin SCA's current assets represent 41.4% of total assets in 2020, a decrease from 42.9% in 2016.
- Cash Position: Cash and equivalents constituted 14.2% of total assets in 2020, up from 4.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 5.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.6% of total assets.
Compagnie Generale des Etablissements Michelin SCA Competitors by Total Assets
Key competitors of Compagnie Generale des Etablissements Michelin SCA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GT Capital Holdings Inc Pref B
PSE:GTPPB
|
Philippines | ₱403.21 Billion |
|
Sungchang Autotech Co. Ltd
KQ:080470
|
Korea | ₩209.23 Billion |
|
CBI Co. Ltd
KQ:013720
|
Korea | ₩88.41 Billion |
|
Ilji Technology Co. Ltd
KQ:019540
|
Korea | ₩627.72 Billion |
|
CNH Co. Ltd
KQ:023460
|
Korea | ₩325.95 Billion |
|
Hanil Forging Industrial Co. Ltd
KQ:024740
|
Korea | ₩261.38 Billion |
|
HRS Co. Ltd
KQ:036640
|
Korea | ₩142.83 Billion |
|
Ecoplastic Corporation
KQ:038110
|
Korea | ₩1.56 Trillion |
Compagnie Generale des Etablissements Michelin SCA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Compagnie Generale des Etablissements Michelin SCA generates 0.65x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Compagnie Generale des Etablissements Michelin SCA generates $ 2.00 in net profit.
Compagnie Generale des Etablissements Michelin SCA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.67 | 1.83 | 1.83 |
| Quick Ratio | 1.09 | 1.28 | 1.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €6.07 Billion | € 5.95 Billion | € 5.95 Billion |
Compagnie Generale des Etablissements Michelin SCA - Advanced Valuation Insights
This section examines the relationship between Compagnie Generale des Etablissements Michelin SCA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | €31.64 Billion |
| Market Capitalization | $5.06 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Compagnie Generale des Etablissements Michelin SCA's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Compagnie Generale des Etablissements Michelin SCA's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Compagnie Generale des Etablissements Michelin SCA (2016–2020)
The table below shows the annual total assets of Compagnie Generale des Etablissements Michelin SCA from 2016 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | €31.64 Billion | -0.13% |
| 2019-12-31 | €31.68 Billion | +5.15% |
| 2018-12-31 | €30.13 Billion | +19.23% |
| 2017-12-31 | €25.27 Billion | -0.22% |
| 2016-12-31 | €25.32 Billion | -- |