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Scania Group's total assets reached SEK 238,323 mil at the end of 2019, up 18.6% compared to the previous year.
Current assets amounted to SEK 97,397 mil, or 40.9% of total assets while cash stood at SEK 21,795 mil at the end of 2019.
By contrast, total debt reached SEK 97,987 mil at the year-end, or 41.1% of total assets, while the firm's equity amounted to SEK 60,888 mil. As a result, net debt stood at SEK 76,192 mil at the end of 2019 and accounted for 125% of equity.
Net debt against equity is up 39.6 pp from five years ago (85.6%). The ratio against EBITDA decreased from 3.23x seen in 2014 to 2.77x.
The company’s cost of funding amounted to 1.12% in 2019, up 0.121 pp compared to the average over the last 5 years.
You can see all the company’s data at Scania Group profile, or you can download a report on the company in the report section.
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