ICA Gruppen's net debt stood at SEK 14,291 mil and accounted for 42.2% of equity at the end of 2019. The ratio is down 13.8 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 56.1% in 2018 and a low of -38.4% in 2005 between 2004 and 2019. The average for the last five years was 31.7%.
Net debt to EBITDA was calculated at 1.41x at the end of the year. That is up from 0.779x seen in 2014. The ratio reached a high of 608x in 2005 and a low of -94.1x in 2004.
The company’s cost of funding amounted to 2.51% in 2019, down which is above the 5-year of 3.41%. Funding costs have “eaten” some 10.9% of the operating profit generated in 2019.
You can see all the company’s data at ICA Gruppen profile, or you can download a report on the company in the report section.
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