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Daimler Group's total assets reached EUR 297,663 mil at the end of 1Q2020, up 0.056% compared to the previous year.
Current assets amounted to EUR 123,511 mil, or 41.5% of total assets while cash stood at EUR 27,082 mil at the end of 1Q2020.
By contrast, total debt reached EUR 167,429 mil at the year-end, or 56.2% of total assets, while the firm's equity amounted to EUR 63,163 mil. As a result, net debt stood at EUR -11,562 mil at the end of 1Q2020 and accounted for -18.3% of equity.
Net debt against equity is up 32.6 pp from five years ago (-50.9%). The ratio against EBITDA increased from -1.55x seen in 1Q2015 to -1.16x.
The company’s cost of funding amounted to 0.374% in 1Q2020, down 0.154 pp compared to the average over the last 5 years.
You can see all the company’s data at Daimler Group profile, or you can download a report on the company in the report section.
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