Michelin (ML.PA) - Total debt

Total debt on the balance sheet as of December 2023 : NZ$11.69 Billion

According to Michelin's latest financial reports the company's total debt is NZ$11.69 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	NZ$12.40 B	-4.32%
2021-12-31	NZ$12.96 B	-11.81%
2020-12-31	NZ$14.69 B	28.29%
2019-12-31	NZ$11.45 B	5.43%
2018-12-31	NZ$10.86 B	140.07%
2017-12-31	NZ$4.52 B	2.36%
2016-12-31	NZ$4.42 B	-2.92%
2015-12-31	NZ$4.55 B	31.76%
2014-12-31	NZ$3.45 B	-9.74%
2013-12-31	NZ$3.82 B	-26.58%
2012-12-31	NZ$5.21 B	-16.61%
2011-12-31	NZ$6.25 B
2009-12-31	NZ$8.40 B	-28.07%
2008-12-31	NZ$11.67 B
2006-12-31	NZ$9.12 B	11.55%
2005-12-31	NZ$8.18 B	-12.09%
2004-12-31	NZ$9.30 B	1.93%
2003-12-31	NZ$9.12 B	-9.08%
2002-12-31	NZ$10.04 B

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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