WireCard's net debt stood at EUR -1,394 mil and accounted for -72.5% of equity at the end of 2018. The ratio is down 14.9 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 201% in 2002 and a low of -109% in 2009 between 2000 and 2018. The average for the last five years was -64.0%.
Net debt to EBITDA was calculated at -2.50x at the end of the year. That is down from -2.51x seen in 2013. The ratio reached a high of 0.316x in 2000 and a low of -4.43x in 2009.
The company’s cost of funding amounted to 2.61% in 2018, down which is above the 5-year of 3.37%. Funding costs have “eaten” some 7.56% of the operating profit generated in 2019.
You can see all the company’s data at WireCard profile, or you can download a report on the company in the report section.