Michelin (ML.PA) - Total assets

Total assets on the balance sheet as of December 2023 : ₹3.293 Trillion

According to Michelin's latest financial reports the company's total assets are ₹3.293 Trillion. 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	₹3.137 T	7.75%
2021-12-31	₹2.911 T	2.32%
2020-12-31	₹2.845 T	12.46%
2019-12-31	₹2.530 T	5.01%
2018-12-31	₹2.409 T	24.49%
2017-12-31	₹1.935 T	6.95%
2016-12-31	₹1.809 T	4.25%
2015-12-31	₹1.736 T	0.42%
2014-12-31	₹1.728 T	-2.02%
2013-12-31	₹1.764 T	13%
2012-12-31	₹1.561 T	8.82%
2011-12-31	₹1.434 T	22.97%
2010-12-31	₹1.166 T	6.27%
2009-12-31	₹1.098 T	-1.52%
2008-12-31	₹1.115 T	18.3%
2007-12-31	₹942.56 B	-4.42%
2006-12-31	₹986.12 B	9.58%
2005-12-31	₹899.87 B	-4.71%
2004-12-31	₹944.30 B	1.9%
2003-12-31	₹926.72 B	13.34%
2002-12-31	₹817.66 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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