Philip Morris Czech Republic's total assets reached CZK 16,394 mil at the end of 2019, up 2.75% compared to the previous year.
Current assets amounted to CZK 12,632 mil, or 77.1% of total assets while cash stood at CZK 6,431 mil at the end of 2019.
By contrast, total debt reached CZK 257 mil at the year-end, or 1.57% of total assets, while the firm's equity amounted to CZK 9,435 mil. As a result, net debt stood at CZK -6,200 mil at the end of 2019 and accounted for -65.7% of equity.
Net debt against equity is down 7.79 pp from five years ago (-57.9%). The ratio against EBITDA increased from -1.36x seen in 2014 to -1.09x.
The company’s cost of funding amounted to 32.7% in 2019, down 28.8 pp compared to the average over the last 5 years.
You can see all the company’s data at Philip Morris Czech Republic profile, or you can download a report on the company in the report section.
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