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WireCard - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Telcos & Hi-Tech | Germany | April 2, 2020
$2.99
Excel Sheet

WireCard's net debt stood at EUR -1,987 mil and accounted for -85.9% of equity at the end of 3Q2019. The ratio is down 25.8 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 201% in 4Q2002 and a low of -109% in 4Q2009 between 1Q2000 and 3Q2019. The average for the last five years was -64.1%.

Net debt to EBITDA was calculated at -2.78x at the end of the quarter. That is down from -4.30x seen in 2014-09-30. The ratio reached a high of 0.940x in 3Q2003 and a low of -5.53x in 1Q2005.

The company’s cost of funding amounted to in 3Q2019, down which is above the 5-year of 3.82%. Funding costs have “eaten” some 0% 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.