Michelin (ML.PA) - Total debt

Total debt on the balance sheet as of December 2023 : ₹587.76 Billion

According to Michelin's latest financial reports the company's total debt is ₹587.76 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	₹651.52 B	-1.12%
2021-12-31	₹658.92 B	-15.03%
2020-12-31	₹775.49 B	40.96%
2019-12-31	₹550.16 B	7.96%
2018-12-31	₹509.62 B	148.3%
2017-12-31	₹205.24 B	-1.39%
2016-12-31	₹208.14 B	0.48%
2015-12-31	₹207.15 B	20.68%
2014-12-31	₹171.65 B	-11.72%
2013-12-31	₹194.44 B	-17.24%
2012-12-31	₹234.94 B	-9.02%
2011-12-31	₹258.23 B
2009-12-31	₹283.12 B	-13.09%
2008-12-31	₹325.75 B
2006-12-31	₹284.72 B	13.16%
2005-12-31	₹251.60 B	-12.5%
2004-12-31	₹287.56 B	6.43%
2003-12-31	₹270.18 B	7.22%
2002-12-31	₹251.99 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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