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MAN SE - Balance Sheet

Assets and their Funding (EUR mil)
Automotive | Germany | September 30, 2020
$10.99
Excel Sheet

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MAN SE's total assets reached EUR 18,846 mil at the end of 2019, down 4.58% compared to the previous year.

Current assets amounted to EUR 5,565 mil, or 29.5% of total assets while cash stood at EUR 1,290 mil at the end of 2019.

By contrast, total debt reached EUR 6,832 mil at the year-end, or 36.3% of total assets, while the firm's equity amounted to EUR 6,048 mil. As a result, net debt stood at EUR 5,542 mil at the end of 2019 and accounted for 91.6% of equity.

Net debt against equity is up 18.0 pp from five years ago (73.6%). The ratio against EBITDA increased from 3.54x seen in 2014 to 4.07x.

The company’s cost of funding amounted to 1.77% in 2019, down 0.863 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.