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Volkswagen Group's net debt stood at EUR -33,540 mil and accounted for -27.1% of equity at the end of 2019. The ratio is up 2.19 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 288% in 1999 and a low of -36.5% in 2016 between 1990 and 2019. The average for the last five years was -29.5%.
Net debt to EBITDA was calculated at -0.860x at the end of the year. That is down from -0.539x seen in 2014. The ratio reached a high of 9.43x in 1993 and a low of -1.52x in 2015.
The company’s cost of funding amounted to 0.949% in 2019, down which is above the 5-year of 1.06%. Funding costs have “eaten” some 12.7% of the operating profit generated in 2019.
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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