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BMW Group's total assets reached EUR 227,262 mil at the end of 1Q2020, up 2.95% compared to the previous year.
Current assets amounted to EUR 91,589 mil, or 40.3% of total assets while cash stood at EUR 19,918 mil at the end of 1Q2020.
By contrast, total debt reached EUR 119,214 mil at the year-end, or 52.5% of total assets, while the firm's equity amounted to EUR 61,248 mil. As a result, net debt stood at EUR 58,108 mil at the end of 1Q2020 and accounted for 94.9% of equity.
Net debt against equity is down 22.0 pp from five years ago (117%). The ratio against EBITDA increased from 2.42x seen in 1Q2015 to 3.04x.
The company’s cost of funding amounted to 0.274% in 1Q2020, down 0.165 pp compared to the average over the last 5 years.
You can see all the company’s data at BMW Group profile, or you can download a report on the company in the report section.
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