Compagnie Generale des Etablissements Michelin SCA Working Capital to Net Assets Ratio
Compagnie Generale des Etablissements Michelin SCA working capital to net assets ratio. Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Working Capital to Net Assets ratio of 42.2% as of June 2021. Working capital of €5.81 Billion (current assets of €13.50 Billion minus current liabilities of €7.69 Billion) is measured against net assets of €13.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Compagnie Generale des Etablissements Mi tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Compagnie Generale des Etablissements Michelin SCA (2016–2020)
Working capital to net assets ratio of Compagnie Generale des Etablissements Michelin SCA from 2016 to 2020. This chart shows how Compagnie Generale des Etablissements Michelin SCA's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2016 to 2020. As of June 2021, the ratio stands at 42.2%, reflecting working capital of €5.81 Billion against net assets of €13.79 Billion EUR. See 0OFM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Compagnie Generale des Etablissements Michelin SCA Working Capital to Net Assets Ratio by Year (2016–2020)
Compagnie Generale des Etablissements Michelin SCA working capital to net assets ratio by year from 2016 to 2020. The table below presents the year-by-year Working Capital to Net Assets ratio for Compagnie Generale des Etablissements Michelin SCA from 2016 to 2020, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Compagnie Generale des Etablissements Mi (0OFM) total assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2020 | 47.1% | €5.95 Billion | €12.63 Billion | €13.08 Billion | €7.14 Billion | ▲ +16.4 pp |
| 2019 | 30.6% | €4.05 Billion | €13.23 Billion | €11.14 Billion | €7.09 Billion | ▼ -7.8 pp |
| 2018 | 38.4% | €4.67 Billion | €12.16 Billion | €11.70 Billion | €7.03 Billion | ▼ -5.2 pp |
| 2017 | 43.6% | €4.90 Billion | €11.23 Billion | €10.78 Billion | €5.88 Billion | ▲ +1.8 pp |
| 2016 | 41.8% | €4.43 Billion | €10.60 Billion | €10.85 Billion | €6.42 Billion | — |