Michelin (ML.PA) - Total debt

Total debt on the balance sheet as of December 2023 : A$11.05 Billion

According to Michelin's latest financial reports the company's total debt is A$11.05 Billion. A company’s total debt is the sum of all current and non-current debts.

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

Total debt by year

Year	Total debt	Change
2022-12-31	A$11.56 B	-5.25%
2021-12-31	A$12.21 B	-11.45%
2020-12-31	A$13.79 B	25.15%
2019-12-31	A$11.01 B	6.51%
2018-12-31	A$10.34 B	151.28%
2017-12-31	A$4.11 B	-3.11%
2016-12-31	A$4.24 B	-0.7%
2015-12-31	A$4.27 B	29.3%
2014-12-31	A$3.30 B	-6.21%
2013-12-31	A$3.52 B	-14.55%
2012-12-31	A$4.12 B	-13.27%
2011-12-31	A$4.76 B
2009-12-31	A$6.79 B	-29.29%
2008-12-31	A$9.60 B
2006-12-31	A$8.15 B	6.72%
2005-12-31	A$7.64 B	-10.94%
2004-12-31	A$8.58 B	7.48%
2003-12-31	A$7.98 B	-14.4%
2002-12-31	A$9.32 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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