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Kia Motors Corporation's net debt stood at KRW -2,512 bil and accounted for -8.67% of equity at the end of 2019. The ratio is down 1.96 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 822% in 1997 and a low of -167% in 1998 between 1992 and 2019. The average for the last five years was -4.72%.
Net debt to EBITDA was calculated at -0.709x at the end of the year. That is down from -0.746x seen in 2014. The ratio reached a high of 25.5x in 2006 and a low of -2.55x in 1998.
The company’s cost of funding amounted to 2.82% in 2019, up which is above the 5-year of 2.33%. Funding costs have “eaten” some 9.39% of the operating profit generated in 2019.
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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