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Volkswagen Group's total assets reached EUR 488,071 mil at the end of 2019, up 6.53% compared to the previous year.
Current assets amounted to EUR 187,463 mil, or 38.4% of total assets while cash stood at EUR 53,286 mil at the end of 2019.
By contrast, total debt reached EUR 201,467 mil at the year-end, or 41.3% of total assets, while the firm's equity amounted to EUR 123,651 mil. As a result, net debt stood at EUR -33,540 mil at the end of 2019 and accounted for -27.1% of equity.
Net debt against equity is down 9.50 pp from five years ago (-17.6%). The ratio against EBITDA decreased from -0.539x seen in 2014 to -0.860x.
The company’s cost of funding amounted to 0.949% in 2019, down 0.111 pp compared to the average over the last 5 years.
You can see all the company’s data at Volkswagen Group profile, or you can download a report on the company in the report section.
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