Audi Group - Balance Sheet

Audi Group's total assets reached EUR 66,878 mil at the end of 4Q2019, 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 4Q2019.

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 4Q2019 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 -1.73x seen in 4Q2014 to -1.33x.

The company’s cost of funding amounted to 2.05% in 4Q2019, down 1.58 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.