Audi Group - Indebtedness

Audi Group's net debt stood at EUR -11,214 mil and accounted for -39.5% of equity at the end of 2019. The ratio is up 2.89 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of -20.7% in 2002 and a low of -215% in 1996 between 1989 and 2019. The average for the last five years was -51.5%.

Net debt to EBITDA was calculated at -1.52x at the end of the year. That is down from -1.94x seen in 2014. The ratio reached a high of -0.385x in 2002 and a low of -4.47x in 1993.

The company’s cost of funding amounted to 2.49% in 2019, down which is above the 5-year of 3.32%. Funding costs have “eaten” some 3.17% of the operating profit generated in 2019.

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.