Michelin (ML.PA) - Total debt

Total debt on the balance sheet as of December 2023 : €6.20 B

According to Michelin's latest financial reports the company's total debt is €6.20 B. 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	€7.34 B	-6.1%
2021-12-31	€7.81 B	-9.33%
2020-12-31	€8.62 B	25.18%
2019-12-31	€6.88 B	8.1%
2018-12-31	€6.37 B	137.81%
2017-12-31	€2.67 B	-8%
2016-12-31	€2.91 B	2.14%
2015-12-31	€2.85 B	28.02%
2014-12-31	€2.22 B	-2.28%
2013-12-31	€2.27 B	-29.75%
2012-12-31	€3.24 B	-13.7%
2011-12-31	€3.75 B
2009-12-31	€4.25 B	-12.15%
2008-12-31	€4.84 B
2006-12-31	€4.87 B	3.22%
2005-12-31	€4.72 B	-3.58%
2004-12-31	€4.89 B	3.85%
2003-12-31	€4.71 B	-6.24%
2002-12-31	€5.02 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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