Michelin (ML.PA) - Total assets

Total assets on the balance sheet as of December 2023 : $38.90 Billion USD

According to Michelin's latest financial reports the company's total assets are $38.90 Billion USD. 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	$37.91 B	-3.08%
2021-12-31	$39.12 B	0.53%
2020-12-31	$38.91 B	9.66%
2019-12-31	$35.48 B	2.96%
2018-12-31	$34.46 B	13.68%
2017-12-31	$30.31 B	13.82%
2016-12-31	$26.63 B	1.95%
2015-12-31	$26.12 B	-4.23%
2014-12-31	$27.27 B	-4.49%
2013-12-31	$28.56 B	0.15%
2012-12-31	$28.51 B	5.13%
2011-12-31	$27.12 B	4.16%
2010-12-31	$26.04 B	10.04%
2009-12-31	$23.66 B	2.01%
2008-12-31	$23.19 B	-3.41%
2007-12-31	$24.01 B	7.87%
2006-12-31	$22.26 B	11.34%
2005-12-31	$19.99 B	-8.29%
2004-12-31	$21.80 B	7.13%
2003-12-31	$20.35 B	19.37%
2002-12-31	$17.05 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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