Airbus's net debt stood at EUR 4,586 mil and accounted for 813% of equity at the end of 3Q2020. The ratio is up 786 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 813% in 3Q2020 and a low of -359% in 1Q2015 between 4Q1998 and 3Q2020. The average for the last five years was -39.0%.
Net debt to EBITDA was calculated at -3.10x at the end of the quarter. That is down from -1.73x seen in 2015-09-30. The ratio reached a high of 20.0x in 3Q2007 and a low of -11.1x in 3Q2010.
The company’s cost of funding amounted to 1.96% in 3Q2020, down which is above the 5-year of 3.59%. Funding costs have “eaten” some 17% of the operating profit generated in 2019.
|Net Debt/EBITDA||Unit||Sep 2010||Dec 2010||Mar 2011||Jun 2011||Sep 2011||Dec 2011||Mar 2012||Jun 2012||Sep 2012||Dec 2012||Mar 2013||Jun 2013||Sep 2013||Dec 2013||Mar 2014||Jun 2014||Sep 2014||Dec 2014||Mar 2015||Jun 2015||Sep 2015||Dec 2015||Mar 2016||Jun 2016||Sep 2016||Dec 2016||Mar 2017||Jun 2017||Sep 2017||Dec 2017||Mar 2018||Jun 2018||Sep 2018||Dec 2018||Mar 2019||Jun 2019||Sep 2019||Dec 2019||Mar 2020||Jun 2020||Sep 2020||Dec 2020 (E)||Mar 2021 (E)||Jun 2021 (E)||Sep 2021 (E)||Dec 2021 (E)||Mar 2022 (E)||Jun 2022 (E)||Sep 2022 (E)||Dec 2022 (E)|