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WireCard - Balance Sheet

Assets and their Funding (EUR mil)
Telcos & Hi-Tech | Germany | April 2, 2020
$10.99
Excel Sheet

WireCard's total assets reached EUR 5,855 mil at the end of 2018, up 29.2% compared to the previous year.

Current assets amounted to EUR 3,926 mil, or 67.0% of total assets while cash stood at EUR 2,860 mil at the end of 2018.

By contrast, total debt reached EUR 1,466 mil at the year-end, or 25.0% of total assets, while the firm's equity amounted to EUR 1,923 mil. As a result, net debt stood at EUR -1,394 mil at the end of 2018 and accounted for -72.5% of equity.

Net debt against equity is down 20.8 pp from five years ago (-51.6%). The ratio against EBITDA increased from -2.51x seen in 2013 to -2.50x.

The company’s cost of funding amounted to 2.61% in 2018, down 0.764 pp compared to the average over the last 5 years.

You can see all the company’s data at WireCard profile, or you can download a report on the company in the report section.