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Audi Group's total assets reached EUR 66,878 mil at the end of 2019, up 1.95% compared to the previous year.
Current assets amounted to EUR 32,668 mil, or 48.8% of total assets while cash stood at EUR 18,402 mil at the end of 2019.
By contrast, total debt reached EUR 7,188 mil at the year-end, or 10.7% of total assets, while the firm's equity amounted to EUR 28,395 mil. As a result, net debt stood at EUR -11,214 mil at the end of 2019 and accounted for -39.5% of equity.
Net debt against equity is up 28.9 pp from five years ago (-68.4%). The ratio against EBITDA increased from -1.94x seen in 2014 to -1.52x.
The company’s cost of funding amounted to 2.49% in 2019, down 0.825 pp compared to the average over the last 5 years.
You can see all the company’s data at Audi Group profile, or you can download a report on the company in the report section.
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