Follow us for the latest automotive news.
Tata Motors's net debt stood at INR 830 bil and accounted for 130% of equity at the end of 2019. The ratio is up 24.4 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 552% in 2008 and a low of 25.5% in 2015 between 2001 and 2019. The average for the last five years was 69.7%.
Net debt to EBITDA was calculated at 9.31x at the end of the year. That is up from 1.04x seen in 2014. The ratio reached a high of 16.0x in 2008 and a low of 0.685x in 2015.
The company’s cost of funding amounted to 5.38% in 2019, up which is above the 5-year of 4.94%. Funding costs have “eaten” some 370% of the operating profit generated in 2019.
You can see all the company’s data at Tata Motors profile, or you can download a report on the company in the report section.
Helgi Library 
