ML.PA
Price:
$33.7
Market Cap:
$22.84B
Compagnie Générale des Établissements Michelin Société en commandite par actions is a global leader in the production and distribution of tires. The company provides a comprehensive array of tires for personal vehicles, including automobiles, racing, bicycles, motorcycles, scooters, and mopeds. Additionally, it supplies specialized tires for professional and industrial uses such as freight and passenger transportation, agricultural equipment, construction and industrial machinery, mining and quarry operations, corporate vehicle fleets, tradespeople, civil and military applications, light rail systems, and aircraft. Beyond its core tire business, Michelin offers a range of associated services...[Read more]
Industry
Auto - Parts
IPO Date
2000-01-03
Stock Exchange
PAR
Ticker
ML.PA
According to Compagnie Générale des Établissements Michelin Société en commandite par actions’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of -7.24% compared to the average of 1.78 of the last 4 quarters.
The mean historical Current Ratio of Compagnie Générale des Établissements Michelin Société en commandite par actions over the last ten years is 1.74. The current 1.65 Current Ratio has changed 9.40% with respect to the historical average. Over the past ten years (40 quarters), ML.PA's Current Ratio was at its highest in in the June 2012 quarter at 2.07. The Current Ratio was at its lowest in in the December 2006 quarter at 1.35.
Average
1.74
Median
1.73
Minimum
1.57
Maximum
1.90
Discovering the peaks and valleys of Compagnie Générale des Établissements Michelin Société en commandite par actions Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 16.69%
Maximum Annual Current Ratio = 1.90
Minimum Annual Increase = -11.38%
Minimum Annual Current Ratio = 1.57
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.90 | 8.00% |
| 2024 | 1.76 | -0.23% |
| 2023 | 1.77 | 5.83% |
| 2022 | 1.67 | -1.01% |
| 2021 | 1.68 | -8.10% |
| 2020 | 1.83 | 16.69% |
| 2019 | 1.57 | -5.60% |
| 2018 | 1.66 | -9.21% |
| 2017 | 1.83 | 8.42% |
| 2016 | 1.69 | -11.38% |
The current Current Ratio of Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.81
5-year avg
1.76
10-year avg
1.74
Compagnie Générale des Établissements Michelin Société en commandite par actions’s Current Ratio is less than Bridgestone Corporation (2.78), greater than Pirelli & C. S.p.A. (1.33), greater than Zhongce Rubber (0), greater than Sailun Group Co., Ltd. (1.18), greater than MRF Limited (0), greater than Continental AG (1.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.78 | $4.99T | |
| 1.33 | $7.25B | |
| 0 | $37.84B | |
| 1.18 | $41.53B | |
| 0 | $520.60B | |
| 1.38 | $13.80B |
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What is the Current Ratio?
How can you use the Current Ratio?
What is Compagnie Générale des Établissements Michelin Société en commandite par actions's Current Ratio?
How is the Current Ratio calculated for Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA)?
What is the highest Current Ratio for Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA)?
What is the 3-year average Current Ratio for Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA)?
What is the 5-year average Current Ratio for Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA)?
How does the current Current Ratio for Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA) compare to its historical average?