Follow us for the latest automotive news.
Hino Motors's net debt stood at JPY 188 bil and accounted for 30.3% of equity at the end of 2019. The ratio is down 0.919 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 443% in 2000 and a low of 19.1% in 1996 between 1995 and 2019. The average for the last five years was 29.0%.
Net debt to EBITDA was calculated at 1.44x at the end of the year. That is up from 1.01x seen in 2014. The ratio reached a high of 11.3x in 2009 and a low of 0.755x in 2013.
The company’s cost of funding amounted to 3.07% in 2019, up which is above the 5-year of 2.99%. Funding costs have “eaten” some 9.51% of the operating profit generated in 2019.
You can see all the company’s data at Hino Motors profile, or you can download a report on the company in the report section.
Helgi Library 
