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Compagnie Generale des Etablissements Michelin SCA Stock

Compagnie Generale des Etablissements Michelin SCA Liabilities 2024

Compagnie Generale des Etablissements Michelin SCA Liabilities

17.24 B EUR

Ticker

ML.PA

ISIN

FR0000121261

WKN

850739

In 2024, Compagnie Generale des Etablissements Michelin SCA's total liabilities amounted to 17.24 B EUR, a -5.46% difference from the 18.24 B EUR total liabilities in the previous year.

Compagnie Generale des Etablissements Michelin SCA Aktienanalyse

What does Compagnie Generale des Etablissements Michelin SCA do?

The Compagnie Generale des Etablissements Michelin SCA is a French company known worldwide for the production of automobile tires and other driving accessories. It was founded in 1889 by brothers André and Edouard Michelin, who initially produced bicycle tires. After focusing on the production of automobile tires in the 1920s, the company quickly became a pioneer in this field. Today, Michelin is one of the leading companies in the tire industry globally. Its business model encompasses more than just the manufacturing of car tires, as it is also involved in other sectors such as travel guides, digital services, road maps, restaurants, and even aerospace technology. Within its various business divisions, Michelin is well-known and highly esteemed in the tire industry. One of these sectors is the production of automobile tires, where Michelin is renowned for its high-quality and reliable products. The company heavily invests in research and development to continuously enter the market with innovative and competitive tires. Besides car tires, Michelin is also active in other industries, including the production of tires for agricultural and construction vehicles. It also operates in the truck tire market, manufacturing tires for the transportation industry. Another division of Michelin focuses on other vehicle components, such as brakes and suspensions. The company also develops solutions for autonomous vehicles, including sensors and navigation technology. In addition to the technical aspects of the business, Michelin is known for its other activities that set it apart from other tire manufacturers. It produces travel guides and maps and runs a chain of restaurants renowned for their excellent cuisine. In 1900, Michelin published the first Michelin Guide, which aimed to guide drivers through France and keep them updated on hotels and restaurants. Since then, the guide has been annually updated and expanded to acknowledge the best restaurants worldwide. The company also provides digital services for drivers, including GPS services and smartphone apps. Through various acquisitions and partnerships, Michelin has also established a strong presence in the United States and Asia. In recent years, Michelin's innovation in the tire industry has significantly increased. The company has developed tires optimized for use on snow and ice, as well as for improved fuel efficiency and reduced resistance. Overall, thanks to its broad business model and offerings in various industries, Michelin holds a unique position in the automotive industry and beyond. It remains a key player in the tire and automotive industry and continues to write its success story. Compagnie Generale des Etablissements Michelin SCA ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Compagnie Generale des Etablissements Michelin SCA's Liabilities

Compagnie Generale des Etablissements Michelin SCA's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Compagnie Generale des Etablissements Michelin SCA's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Compagnie Generale des Etablissements Michelin SCA's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Compagnie Generale des Etablissements Michelin SCA's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Compagnie Generale des Etablissements Michelin SCA’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Compagnie Generale des Etablissements Michelin SCA stock

What is the level of liabilities of Compagnie Generale des Etablissements Michelin SCA this year?

Compagnie Generale des Etablissements Michelin SCA has a debt balance of 17.24 B EUR this year.

What were the liabilities of Compagnie Generale des Etablissements Michelin SCA compared to the previous year?

The liabilities of Compagnie Generale des Etablissements Michelin SCA have increased by -5.46% dropped compared to the previous year.

What are the consequences of high debt for investors of Compagnie Generale des Etablissements Michelin SCA?

High liabilities can pose a risk for investors of Compagnie Generale des Etablissements Michelin SCA, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Compagnie Generale des Etablissements Michelin SCA?

Low liabilities mean that Compagnie Generale des Etablissements Michelin SCA has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Compagnie Generale des Etablissements Michelin SCA affect the company?

An increase in liabilities of Compagnie Generale des Etablissements Michelin SCA can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Compagnie Generale des Etablissements Michelin SCA affect the company?

A decrease in the liabilities of Compagnie Generale des Etablissements Michelin SCA can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Compagnie Generale des Etablissements Michelin SCA?

Some factors that can influence the liabilities of Compagnie Generale des Etablissements Michelin SCA include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Compagnie Generale des Etablissements Michelin SCA so important for investors?

The liabilities of Compagnie Generale des Etablissements Michelin SCA are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Compagnie Generale des Etablissements Michelin SCA take to modify the liabilities?

To change its liabilities, Compagnie Generale des Etablissements Michelin SCA can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Compagnie Generale des Etablissements Michelin SCA pay?

Over the past 12 months, Compagnie Generale des Etablissements Michelin SCA paid a dividend of 1.25 EUR . This corresponds to a dividend yield of about 3.91 %. For the coming 12 months, Compagnie Generale des Etablissements Michelin SCA is expected to pay a dividend of 1.3 EUR.

What is the dividend yield of Compagnie Generale des Etablissements Michelin SCA?

The current dividend yield of Compagnie Generale des Etablissements Michelin SCA is 3.91 %.

When does Compagnie Generale des Etablissements Michelin SCA pay dividends?

Compagnie Generale des Etablissements Michelin SCA pays a quarterly dividend. This is distributed in the months of June, June, June, June.

How secure is the dividend of Compagnie Generale des Etablissements Michelin SCA?

Compagnie Generale des Etablissements Michelin SCA paid dividends every year for the past 0 years.

What is the dividend of Compagnie Generale des Etablissements Michelin SCA?

For the upcoming 12 months, dividends amounting to 1.3 EUR are expected. This corresponds to a dividend yield of 4.08 %.

In which sector is Compagnie Generale des Etablissements Michelin SCA located?

Compagnie Generale des Etablissements Michelin SCA is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Compagnie Generale des Etablissements Michelin SCA kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Compagnie Generale des Etablissements Michelin SCA from 5/24/2024 amounting to 1.35 EUR, you needed to have the stock in your portfolio before the ex-date on 5/22/2024.

When did Compagnie Generale des Etablissements Michelin SCA pay the last dividend?

The last dividend was paid out on 5/24/2024.

What was the dividend of Compagnie Generale des Etablissements Michelin SCA in the year 2023?

In the year 2023, Compagnie Generale des Etablissements Michelin SCA distributed 1.125 EUR as dividends.

In which currency does Compagnie Generale des Etablissements Michelin SCA pay out the dividend?

The dividends of Compagnie Generale des Etablissements Michelin SCA are distributed in EUR.

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Our stock analysis for Compagnie Generale des Etablissements Michelin SCA Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Compagnie Generale des Etablissements Michelin SCA Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.