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Kia Motors Corporation's total assets reached KRW 55,345 bil at the end of 2019, up 6.87% compared to the previous year.
Current assets amounted to KRW 21,555 bil, or 38.9% of total assets while cash stood at KRW 9,012 bil at the end of 2019.
By contrast, total debt reached KRW 6,699 bil at the year-end, or 12.1% of total assets, while the firm's equity amounted to KRW 28,978 bil. As a result, net debt stood at KRW -2,512 bil at the end of 2019 and accounted for -8.67% of equity.
Net debt against equity is up 2.95 pp from five years ago (-11.6%). The ratio against EBITDA increased from -0.746x seen in 2014 to -0.709x.
The company’s cost of funding amounted to 2.82% in 2019, up 0.490 pp compared to the average over the last 5 years.
You can see all the company’s data at Kia Motors Corporation profile, or you can download a report on the company in the report section.
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