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Michelin (MGDDY)

(Delayed Data from OTC)

$19.14 USD

19.14
60,463

+0.13 (0.68%)

Updated Apr 25, 2024 12:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 37% (93 out of 251)

Industry: Rubber - Tires

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Better trading starts here.

Balance Sheet

Research for MGDDY

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Michelin falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents -99,999 3,409 6,146 5,913 2,085
Receivables NA 4,430 4,231 3,447 3,956
Notes Receivable NA 0 0 0 0
Inventories NA 6,657 6,237 4,522 5,257
Other Current Assets NA 1,385 1,228 1,061 1,182
Total Current Assets NA 15,882 17,842 14,944 12,480
Net Property & Equipment NA 12,786 13,287 12,361 14,749
Investments & Advances NA 2,384 2,966 2,063 2,109
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 664 889 833 912
Intangibles NA 4,460 4,847 4,702 5,228
Deposits & Other Assets NA 0 0 0 0
Total Assets NA 37,241 41,055 36,139 35,478
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable NA 0 0 0 0
Accounts Payable NA 4,226 4,480 3,116 3,469
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 245 271 254 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 5,051 5,914 4,782 4,476
Total Current Liabilities NA 9,522 10,666 8,151 7,944
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 570 595 485 510
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 727 865 915 0
Other Non-Current Liabilities NA 8,388 11,217 12,159 12,208
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 19,207 23,343 21,711 20,662
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 376 422 408 400
Capital Surplus NA 2,847 3,249 3,137 3,124
Retained Earnings NA 14,804 14,045 10,886 11,290
Other Equity NA 6 -4 -2 3
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 18,033 17,712 14,428 14,816
Total Liabilities & Shareholder's Equity NA 37,241 41,055 36,139 35,478
Total Common Equity 0 18,033 17,712 14,428 14,816
Shares Outstanding 1,429.90 1,428.20 1,428.20 1,426.70 1,439.00
Book Value Per Share 0.00 12.63 12.40 10.11 10.30

Fiscal Year End for Michelin falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 -99,999 -99,999 3,871 -99,999
Receivables NA NA NA 4,562 NA
Notes Receivable NA NA NA NA NA
Inventories NA NA NA 6,644 NA
Other Current Assets NA NA NA 1,577 NA
Total Current Assets NA NA NA 16,654 NA
Net Property & Equipment NA NA NA 13,065 NA
Investments & Advances NA NA NA 2,434 NA
Other Non-Current Assets NA NA NA NA NA
Deferred Charges NA NA NA 719 NA
Intangibles NA NA NA 4,672 NA
Deposits & Other Assets NA NA NA NA NA
Total Assets NA NA NA 38,657 NA
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA NA NA NA NA
Accounts Payable NA NA NA 3,606 NA
Current Portion Long-Term Debt NA NA NA NA NA
Current Portion Capital Leases NA NA NA 256 NA
Accrued Expenses NA NA NA NA NA
Income Taxes Payable NA NA NA NA NA
Other Current Liabilities NA NA NA 5,958 NA
Total Current Liabilities NA NA NA 9,820 NA
Mortgages NA NA NA NA NA
Deferred Taxes/Income NA NA NA 598 NA
Convertible Debt NA NA NA NA NA
Long-Term Debt NA NA NA NA NA
Non-Current Capital Leases NA NA NA 751 NA
Other Non-Current Liabilities NA NA 8,549 NA
Minority Interest (Liabilities) NA NA NA NA NA
Total Liabilities NA NA NA 19,718 NA
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA NA NA NA NA
Common Stock (Par) NA NA NA 389 NA
Capital Surplus NA NA NA 2,946 NA
Retained Earnings NA NA NA 15,596 NA
Other Equity NA NA NA 8 NA
Treasury Stock NA NA NA NA NA
Total Shareholder's Equity NA NA NA 18,939 NA
Total Liabilities & Shareholder's Equity NA NA NA 38,657 NA
Total Common Equity 0 0 0 118,938 0
Shares Outstanding 1,429.90 1,429.90 1,428.20 1,428.20 1,428.20
Book Value Per Share 0.00 0.00 0.00 83.28 0.00