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Mitsubishi Motors Corporation's total assets reached JPY 1,724 bil at the end of 2Q2020, down 9.71% compared to the previous year.
Current assets amounted to JPY 1,106 bil, or 64.2% of total assets while cash stood at JPY 432 bil at the end of 2Q2020.
By contrast, total debt reached JPY 512 bil at the year-end, or 29.7% of total assets, while the firm's equity amounted to JPY 619 bil. As a result, net debt stood at JPY 80.1 bil at the end of 2Q2020 and accounted for 12.9% of equity.
Net debt against equity is up 52.8 pp from five years ago (-39.9%). The ratio against EBITDA increased from -1.46x seen in 2Q2015 to 2.62x.
The company’s cost of funding amounted to 1.31% in 2Q2020, down 2.71 pp compared to the average over the last 5 years.
You can see all the company’s data at Mitsubishi Motors Corporation profile, or you can download a report on the company in the report section.
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