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Jaguar Land Rover's net debt stood at GBP 1,994 mil and accounted for 31.5% of equity at the end of 2019. The ratio is down 1.23 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 32.7% in 2018 and a low of -542% in 2009 between 2008 and 2019. The average for the last five years was 6.09%.
Net debt to EBITDA was calculated at 1.51x at the end of the year. That is up from -0.508x seen in 2014. The ratio reached a high of 7.19x in 2009 and a low of -31.3x in 2008.
The company’s cost of funding amounted to 5.00% in 2019, down which is above the 5-year of 5.29%. Funding costs have “eaten” some 75.6% of the operating profit generated in 2019.
You can see all the company’s data at Jaguar Land Rover profile, or you can download a report on the company in the report section.