Compagnie Generale des Etablissements Michelin SCA (0OFM) — 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. See debt-free asset ratio of Compagnie Generale des Etablissements Mi to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Compagnie Generale des Etablissements Michelin SCA Working Capital to Net Assets (2016–2020)
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. Check Compagnie Generale des Etablissements Mi tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Compagnie Generale des Etablissements Michelin SCA (2016–2020)
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 live market cap and the full company profile, see Compagnie Generale des Etablissements Mi market capitalisation.
| 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 | — |