Michelin (ML.PA) - Total assets

Total assets on the balance sheet as of December 2023 : HK$302.85 Billion

According to Michelin's latest financial reports the company's total assets are HK$302.85 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

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

Total assets by year

Year	Total assets	Change
2022-12-31	HK$296.23 B	-2.89%
2021-12-31	HK$305.04 B	1.12%
2020-12-31	HK$301.66 B	9.15%
2019-12-31	HK$276.36 B	2.4%
2018-12-31	HK$269.88 B	13.94%
2017-12-31	HK$236.86 B	14.68%
2016-12-31	HK$206.54 B	2%
2015-12-31	HK$202.48 B	-4.3%
2014-12-31	HK$211.59 B	-4.46%
2013-12-31	HK$221.47 B	0.19%
2012-12-31	HK$221.05 B	4.92%
2011-12-31	HK$210.68 B	3.96%
2010-12-31	HK$202.66 B	10.45%
2009-12-31	HK$183.49 B	2.36%
2008-12-31	HK$179.26 B	-4.27%
2007-12-31	HK$187.26 B	8.14%
2006-12-31	HK$173.16 B	11.69%
2005-12-31	HK$155.04 B	-8.5%
2004-12-31	HK$169.44 B	7.4%
2003-12-31	HK$157.76 B	18.65%
2002-12-31	HK$132.97 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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