Michelin (MEX:ML) Total Liabilities: MXN357,204 Mil (As of Dec. 2025)


MEX:ML Michelin MEX:ML
84 GF Score
Price MXN733.29
GF Value MXN654.13
! 6 Warning Signs
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What is Michelin Total Liabilities?

Michelin MEX:ML 84 Total Liabilities is MXN357,204 Mil as of Dec. 2025. GuruFocus rates MEX:ML with a GF Score™ of 84/100 and a GF Value™ of MXN654.13. The stock has 6 warning signs investors should review.

Michelin's Total Liabilities for the quarter that ended in Dec. 2025 was MXN357,204 Mil.

Michelin's quarterly Total Liabilities declined from Dec. 2024 (MXN408,771.72 Mil) to Jun. 2025 (MXN386,965.04 Mil) and declined from Jun. 2025 (MXN386,965.04 Mil) to Dec. 2025 (MXN357,204.41 Mil).

Michelin's annual Total Liabilities increased from Dec. 2023 (MXN319,067.74 Mil) to Dec. 2024 (MXN408,771.72 Mil) but then declined from Dec. 2024 (MXN408,771.72 Mil) to Dec. 2025 (MXN357,204.41 Mil).

Michelin Total Liabilities Historical Data

* Premium members only.

The historical data trend for Michelin's Total Liabilities 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.

Michelin Total Liabilities Chart

Michelin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 453,695.51 376,495.85 319,067.74 408,771.72 357,204.41

Michelin Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 319,067.74 365,080.80 408,771.72 386,965.04 357,204.41
MEX:ML
84GF Score
Michelin MEX:ML
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Michelin Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Michelin's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=158192.936+(121317.093+25827.849
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+51866.536+0)
=357,204

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=738318.036-381113.622
=357,204

Michelin's Total Liabilities for the quarter that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=158192.936+(121317.093+25827.849
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+51866.536+0)
=357,204

Total Liabilities=Total Assets (Q: Dec. 2025 )-Total Equity (Q: Dec. 2025 )
=738318.036-381113.622
=357,204

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of MXN357,204 Mil mean?
Michelin (MEX:ML) has a Total Liabilities of MXN357,204 Mil as of Dec. 2025. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Michelin and its competitors.
Is Michelin's Total Liabilities too high?
Michelin's current Total Liabilities is MXN357,204 Mil. Overall, Michelin has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Michelin's Total Liabilities compare to ORLY and AZO?
Michelin's Total Liabilities of MXN357,204 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Vehicles & Parts company?
A good Total Liabilities depends on the Vehicles & Parts industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Michelin and its competitors. Michelin's current Total Liabilities is MXN357,204 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michelin stock overvalued right now?
Michelin (MEX:ML) has a current Total Liabilities of MXN357,204 Mil. The stock's GF Value™ is MXN654.13, compared to a current price of MXN733.29 — trading 12.1% above its estimated fair value. The current Total Liabilities is MXN357,204 Mil. Michelin's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Michelin (MEX:ML), the current Total Liabilities is MXN357,204 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Michelin (MEX:ML) Overvalued in 2026?

Based on GuruFocus' analysis, Michelin stock appears to be overvalued. The current stock price of MXN733.29 is trading 12.1% above its estimated GF Value™ of MXN654.13.

Key valuation signals for MEX:ML:

  • Total Liabilities: MXN357,204 Mil
  • GF Value™: MXN654.13 vs. price of MXN733.29 (12.1% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the MEX:ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Michelin Business Description

Address 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, FRA, 63000
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 two-wheel; Road transportation; and Specialty businesses. The company generates maximum revenue from Automotive segments. The Specialty businesses include the Mining, Beyond-road, Two-wheel and Aircraft tire activities, as well as the High-Tech Materials activities. The Services & Solutions businesses are included for the majority part in the Road transportation and related distribution segment.
84GF Score

Get the complete analysis for MEX:ML

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN733.29
Price
MXN654.13
GF Value