Michelin (ML.PA) - Total debt

Total debt on the balance sheet as of December 2023 : £5.47 Billion

According to Michelin's latest financial reports the company's total debt is £5.47 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	£6.50 B	-0.77%
2021-12-31	£6.55 B	-15.69%
2020-12-31	£7.77 B	32.22%
2019-12-31	£5.88 B	2.47%
2018-12-31	£5.74 B	141.42%
2017-12-31	£2.37 B	-4.19%
2016-12-31	£2.48 B	18.01%
2015-12-31	£2.10 B	20.92%
2014-12-31	£1.73 B	-8.82%
2013-12-31	£1.90 B	-28.13%
2012-12-31	£2.65 B	-15.47%
2011-12-31	£3.14 B
2009-12-31	£3.77 B	-18.46%
2008-12-31	£4.62 B
2006-12-31	£3.28 B	1.22%
2005-12-31	£3.24 B	-6.26%
2004-12-31	£3.45 B	4.26%
2003-12-31	£3.31 B	1.22%
2002-12-31	£3.27 B

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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