Michelin Debt to Equity Ratio 2010-2023 | MGDDY
Current and historical debt to equity ratio values for Michelin (MGDDY) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Michelin debt/equity for the three months ending June 30, 2023 was 0.00.
| Michelin Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 2023-06-30 |
$19.72B |
$18.94B |
1.04 |
| 2022-12-31 |
$19.21B |
$18.03B |
1.07 |
| 2022-06-30 |
$19.93B |
$17.26B |
1.15 |
| 2021-12-31 |
$23.34B |
$17.71B |
1.32 |
| 2021-06-30 |
$22.17B |
$16.61B |
1.34 |
| 2020-12-31 |
$21.71B |
$14.43B |
1.51 |
| 2020-06-30 |
$20.82B |
$13.48B |
1.55 |
| 2019-12-31 |
$20.66B |
$14.82B |
1.40 |
| 2018-12-31 |
$20.41B |
$14.37B |
1.42 |
| 2018-06-30 |
$18.91B |
$13.68B |
1.38 |
| 2017-12-31 |
$15.83B |
$12.73B |
1.24 |
| 2017-06-30 |
$15.59B |
$11.51B |
1.36 |
| 2016-12-31 |
$15.99B |
$11.60B |
1.38 |
| 2015-12-31 |
$15.93B |
$10.59B |
1.50 |
| 2015-06-30 |
$15.60B |
$10.84B |
1.44 |
| 2014-12-31 |
$17.15B |
$12.66B |
1.36 |
| 2014-06-30 |
$15.56B |
$12.94B |
1.20 |
| 2013-12-31 |
$15.18B |
$12.30B |
1.23 |
| 2013-06-30 |
$15.58B |
$11.93B |
1.31 |
| 2012-12-31 |
$16.82B |
$10.93B |
1.54 |
| 2012-06-30 |
$16.15B |
$10.93B |
1.48 |
| 2011-12-31 |
$17.81B |
$11.28B |
1.58 |
| 2011-06-30 |
$15.58B |
$12.42B |
1.26 |
| 2010-12-31 |
$15.32B |
$10.79B |
1.42 |
| 2010-06-30 |
$14.50B |
$8.22B |
1.77 |
| 2009-12-31 |
$15.37B |
$7.66B |
2.01 |
| 2009-06-30 |
$14.75B |
$6.91B |
2.13 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Rubber Tires |
$27.969B |
$30.673B |
|
Compagnie Generale des Etablissements Michelin manufactures and sells tires for all kinds of vehicles, publishes maps and guides and operates a number of digital services. It manufactures and sells tires for cars, two-wheel vehicles, trucks, construction machinery, tractors and aircrafts. It also sells various car and bicycle accessories like pumps, manometers bicycle helmets, hubcaps, replacement components for tires and transport accessories. Other products sold by the company include protective clothing, table tennis rackets, shoe insoles along with many other items designed for road users. Compagnie Generale des Etablissements Michelin is based in Clermont-Ferrand, France.
|
