Follow us for the latest automotive news.
Renault's total assets reached EUR 122,171 mil at the end of 4Q2019, up 6.24% compared to the previous year.
Current assets amounted to EUR 73,778 mil, or 60.4% of total assets while cash stood at EUR 16,982 mil at the end of 4Q2019.
By contrast, total debt reached EUR 58,679 mil at the year-end, or 48.0% of total assets, while the firm's equity amounted to EUR 35,331 mil. As a result, net debt stood at EUR -470 mil at the end of 4Q2019 and accounted for -1.33% of equity.
Net debt against equity is up 9.94 pp from five years ago (-11.3%). The ratio against EBITDA increased from -0.708x seen in 4Q2014 to -0.079x.
The company’s cost of funding amounted to 0.582% in 4Q2019, down 0.271 pp compared to the average over the last 5 years.
You can see all the company’s data at Renault profile, or you can download a report on the company in the report section.
Helgi Library 
