Michelin (ML.PA) - Total assets

Total assets on the balance sheet as of December 2023 : A$59.82 Billion

According to Michelin's latest financial reports the company's total assets are A$59.82 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Michelin - Total assets on balance sheet (from 2009 to 2023)

Total assets by year

Year	Total assets	Change
2022-12-31	A$55.71 B	3.25%
2021-12-31	A$53.96 B	6.63%
2020-12-31	A$50.60 B	-0.15%
2019-12-31	A$50.68 B	3.6%
2018-12-31	A$48.92 B	25.98%
2017-12-31	A$38.83 B	5.09%
2016-12-31	A$36.95 B	3.04%
2015-12-31	A$35.86 B	7.59%
2014-12-31	A$33.33 B	4.1%
2013-12-31	A$32.02 B	16.68%
2012-12-31	A$27.44 B	3.73%
2011-12-31	A$26.45 B	3.19%
2010-12-31	A$25.63 B	-2.68%
2009-12-31	A$26.34 B	-19.88%
2008-12-31	A$32.88 B	19.69%
2007-12-31	A$27.47 B	-2.74%
2006-12-31	A$28.24 B	3.35%
2005-12-31	A$27.32 B	-3.01%
2004-12-31	A$28.17 B	2.9%
2003-12-31	A$27.38 B	-9.52%
2002-12-31	A$30.26 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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