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MAN SE's total assets reached EUR 17,691 mil at the end of 2Q2020, down 7.88% compared to the previous year.
Current assets amounted to EUR 5,181 mil, or 29.3% of total assets while cash stood at EUR 1,220 mil at the end of 2Q2020.
By contrast, total debt reached EUR 7,400 mil at the year-end, or 41.8% of total assets, while the firm's equity amounted to EUR 5,280 mil. As a result, net debt stood at EUR 6,180 mil at the end of 2Q2020 and accounted for 117% of equity.
Net debt against equity is up 45.8 pp from five years ago (71.3%). The ratio against EBITDA increased from 3.52x seen in 2Q2015 to 6.70x.
The company’s cost of funding amounted to 1.43% in 2Q2020, down 1.08 pp compared to the average over the last 5 years.
You can see all the company’s data at MAN SE profile, or you can download a report on the company in the report section.
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