Michelin (MGDDY)
16.16
-0.08
(-0.49%)
USD |
OTCM |
Nov 21, 16:00
Michelin Debt to Equity Ratio: 0.3796 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.3796 |
| December 31, 2023 | 0.292 |
| June 30, 2023 | 0.4047 |
| December 31, 2022 | 0.375 |
| June 30, 2022 | 0.393 |
| December 31, 2021 | 0.4579 |
| June 30, 2021 | 0.4972 |
| December 31, 2020 | 0.6014 |
| June 30, 2020 | 0.617 |
| December 31, 2019 | 0.4358 |
| June 30, 2019 | 0.5809 |
| December 31, 2018 | 0.498 |
| June 30, 2018 | 0.4109 |
| December 31, 2017 | 0.2166 |
| June 30, 2017 | 0.2775 |
| Date | Value |
|---|---|
| December 31, 2016 | 0.2609 |
| June 30, 2016 | 0.2935 |
| December 31, 2015 | 0.2881 |
| June 30, 2015 | 0.3125 |
| December 31, 2014 | 0.2267 |
| June 30, 2014 | 0.2265 |
| December 31, 2013 | 0.24 |
| June 30, 2013 | 0.2878 |
| December 31, 2012 | 0.3717 |
| June 30, 2012 | 0.00 |
| December 31, 2011 | 0.4538 |
| June 30, 2011 | 0.00 |
| December 31, 2010 | 0.00 |
| June 30, 2010 | 0.00 |
| December 31, 2009 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.292
Minimum
Dec 2023
0.617
Maximum
Jun 2020
0.4454
Average
0.4203
Median
Debt to Equity Ratio Benchmarks
| Hermes International SA | 0.0033 |
| Lvmh Moet Hennessy Louis Vuitton SE | 0.3597 |
| Valeo SA | 1.934 |
| Kering SA | 0.8822 |
| Accor SA | 0.6899 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 38.98B |
| Total Liabilities (Quarterly) | 19.84B |
| Shareholders Equity (Quarterly) | 19.13B |
| Current Ratio | 1.824 |
| Net Debt Paydown Yield | -0.46% |