Follow us for the latest automotive news.
Toyota Motor Corporation's total assets reached JPY 52,680 bil at the end of 1Q2020, up 1.43% compared to the previous year.
Current assets amounted to JPY 18,643 bil, or 35.4% of total assets while cash stood at JPY 5,697 bil at the end of 1Q2020.
By contrast, total debt reached JPY 20,830 bil at the year-end, or 39.5% of total assets, while the firm's equity amounted to JPY 21,242 bil. As a result, net debt stood at JPY 15,133 bil at the end of 1Q2020 and accounted for 71.2% of equity.
Net debt against equity is down 6.74 pp from five years ago (78.0%). The ratio against EBITDA increased from 3.31x seen in 1Q2015 to 3.74x.
The company’s cost of funding amounted to 0.264% in 1Q2020, up 0.109 pp compared to the average over the last 5 years.
You can see all the company’s data at Toyota Motor Corporation profile, or you can download a report on the company in the report section.