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Boeing - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Military & Defense | USA | November 5, 2020
$2.99
Excel Sheet

Boeing's net debt stood at USD 33,843 mil and accounted for -293% of equity at the end of 3Q2020. The ratio is up 100 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 3,482% in 1Q2019 and a low of -947% in 1Q2009 between 1Q1990 and 3Q2020. The average for the last five years was 223%.

Net debt to EBITDA was calculated at -7.39x at the end of the quarter. That is down from -0.083x seen in 2015-09-30. The ratio reached a high of 34.1x in 4Q2019 and a low of -10.2x in 2Q2020.

The company’s cost of funding amounted to 4.20% in 3Q2020, up which is above the 5-year of 3.46%. Funding costs have “eaten” some 160% of the operating profit generated in 2019.

You can see all the company’s data at Boeing profile, or you can download a report on the company in the report section.