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Honda Motor Company's net debt stood at JPY 4,895 bil and accounted for 56.0% of equity at the end of 2019. The ratio is down 1.70 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 86.4% in 2008 and a low of 20.9% in 1999 between 1992 and 2019. The average for the last five years was 61.8%.
Net debt to EBITDA was calculated at 3.46x at the end of the year. That is up from 3.62x seen in 2014. The ratio reached a high of 4.97x in 2009 and a low of 0.599x in 1999.
The company’s cost of funding amounted to 0.253% in 2019, up which is above the 5-year of 0.213%. Funding costs have “eaten” some 2.68% of the operating profit generated in 2019.
You can see all the company’s data at Honda Motor Company profile, or you can download a report on the company in the report section.
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