Michelin (ML.PA) - Total debt

Total debt on the balance sheet as of December 2023 : C$9.88 Billion

According to Michelin's latest financial reports the company's total debt is C$9.88 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	C$10.68 B	-5.3%
2021-12-31	C$11.28 B	-16.55%
2020-12-31	C$13.52 B	34.18%
2019-12-31	C$10.07 B	1.49%
2018-12-31	C$9.92 B	145.67%
2017-12-31	C$4.04 B	-1.82%
2016-12-31	C$4.11 B	-4.81%
2015-12-31	C$4.32 B	37.58%
2014-12-31	C$3.14 B	-6.18%
2013-12-31	C$3.35 B	-21.48%
2012-12-31	C$4.26 B	-14.07%
2011-12-31	C$4.96 B
2009-12-31	C$6.42 B	-22.09%
2008-12-31	C$8.24 B
2006-12-31	C$7.48 B	14.98%
2005-12-31	C$6.50 B	-18.38%
2004-12-31	C$7.97 B	3.6%
2003-12-31	C$7.69 B	-7.25%
2002-12-31	C$8.29 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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