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Daimler Group's net debt stood at EUR -12,929 mil and accounted for -20.6% of equity at the end of 2019. The ratio is up 7.81 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 252% in 2006 and a low of -44.4% in 2014 between 1997 and 2019. The average for the last five years was -31.1%.
Net debt to EBITDA was calculated at -1.47x at the end of the year. That is down from -1.53x seen in 2014. The ratio reached a high of 7.02x in 2008 and a low of -3.51x in 2009.
The company’s cost of funding amounted to 0.574% in 2019, up which is above the 5-year of 0.554%. Funding costs have “eaten” some 21.4% of the operating profit generated in 2019.
You can see all the company’s data at Daimler Group profile, or you can download a report on the company in the report section.
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