Follow us for the latest automotive news.
Hyundai Motor Company's net debt stood at KRW 56,766 bil and accounted for 74.3% of equity at the end of 2019. The ratio is up 11.4 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 333% in 1997 and a low of 45.2% in 2014 between 1995 and 2019. The average for the last five years was 63.6%.
Net debt to EBITDA was calculated at 8.98x at the end of the year. That is up from 3.01x seen in 2014. The ratio reached a high of 9.75x in 2018 and a low of 1.86x in 1995.
The company’s cost of funding amounted to 0.408% in 2019, down which is above the 5-year of 0.423%. Funding costs have “eaten” some 8.79% of the operating profit generated in 2019.
You can see all the company’s data at Hyundai Motor Company profile, or you can download a report on the company in the report section.