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SEAT's net debt stood at EUR -823 mil and accounted for -41.3% of equity at the end of 2019. The ratio is up 16.7 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 121% in 2004 and a low of -122% in 2015 between 2000 and 2019. The average for the last five years was -67.6%.
Net debt to EBITDA was calculated at -1.10x at the end of the year. That is down from -2.20x seen in 2014. The ratio reached a high of 25.8x in 2010 and a low of -3.94x in 2011.
The company’s cost of funding amounted to 2.84% in 2019, up which is above the 5-year of 2.55%. Funding costs have “eaten” some 1.79% of the operating profit generated in 2019.
You can see all the company’s data at SEAT profile, or you can download a report on the company in the report section.
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