Leonardo's net debt stood at EUR 3,044 mil and accounted for 57.1% of equity at the end of 2019. The ratio is up 0.217 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 198% in 1998 and a low of -2.99% in 2001 between 1998 and 2019. The average for the last five years was 66.7%.
Net debt to EBITDA was calculated at 2.21x at the end of the year. That is up from 4.73x seen in 2014. The ratio reached a high of 95.4x in 1998 and a low of -26.7x in 2012.
The company’s cost of funding amounted to 3.99% in 2019, down which is above the 5-year of 4.64%. Funding costs have “eaten” some 19.3% of the operating profit generated in 2019.
You can see all the company’s data at Leonardo profile, or you can download a report on the company in the report section.
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