Michelin (ML.PA) - Total debt

Total debt on the balance sheet as of December 2023 : £5.24 B

According to Michelin's latest financial reports the company's total debt is £5.24 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	£6.50 B	-0.96%
2021-12-31	£6.57 B	-14.87%
2020-12-31	£7.71 B	32.47%
2019-12-31	£5.82 B	1.88%
2018-12-31	£5.71 B	140.49%
2017-12-31	£2.37 B	-4.19%
2016-12-31	£2.48 B	18.31%
2015-12-31	£2.09 B	20.48%
2014-12-31	£1.74 B	-8.65%
2013-12-31	£1.90 B	-28.1%
2012-12-31	£2.65 B	-15.58%
2011-12-31	£3.14 B
2009-12-31	£3.79 B	-19.92%
2008-12-31	£4.74 B
2006-12-31	£3.28 B	1.22%
2005-12-31	£3.24 B	-15.97%
2004-12-31	£3.85 B	16.22%
2003-12-31	£3.32 B	1.3%
2002-12-31	£3.27 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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