Boeing's total assets reached USD 133,625 mil at the end of 2019, up 13.9% compared to the previous year.
Current assets amounted to USD 102,229 mil, or 76.5% of total assets while cash stood at USD 10,030 mil at the end of 2019.
By contrast, total debt reached USD 28,532 mil at the year-end, or 21.4% of total assets, while the firm's equity amounted to USD -8,300 mil. As a result, net debt stood at USD 18,502 mil at the end of 2019 and accounted for -2.23 of equity.
Net debt against equity is down 1.77 pp from five years ago (-0.458). The ratio against EBITDA decreased from -0.418x seen in 2014 to -23.0x.
The company’s cost of funding amounted to 3.41% in 2019, up 0.087 pp compared to the average over the last 5 years.