Michelin (XPAR:ML) Short-Term Capital Lease Obligation : €241 Mil (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Michelin Short-Term Capital Lease Obligation?

Michelin's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €241 Mil.

Michelin's quarterly Short-Term Capital Lease Obligation increased from Dec. 2022 (€233 Mil) to Jun. 2023 (€235 Mil) and increased from Jun. 2023 (€235 Mil) to Dec. 2023 (€241 Mil).

Michelin's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (€229 Mil) to Dec. 2022 (€233 Mil) and increased from Dec. 2022 (€233 Mil) to Dec. 2023 (€241 Mil).

Michelin Short-Term Capital Lease Obligation Historical Data

The historical data trend for Michelin's Short-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Michelin Short-Term Capital Lease Obligation Chart

Michelin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

Get a 7-Day Free Trial

226.00

222.00

229.00

233.00

241.00

Michelin Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															229.00	236.00	233.00	235.00	241.00

Michelin Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Michelin Short-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Michelin's Short-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Michelin (XPAR:ML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Michelin (XPAR:ML) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MGDDY:USA MGDDF:USA MLp:UK 0OFM:UK MCHA:Germany

Address

23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, FRA, 63000

Website

https://www.michelin.com

Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and related distribution; Road transportation and related distribution; Specialty businesses and related distribution. The company generates maximum revenue from Automotive and related distribution segment.