Porsche AG - Indebtedness

Porsche AG's net debt stood at EUR 1,237 mil and accounted for 7.10% of equity at the end of 2019. The ratio is up 3.24 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 97.4% in 2011 and a low of -75.3% in 2010 between 2005 and 2019. The average for the last five years was 8.20%.

Net debt to EBITDA was calculated at 0.179x at the end of the year. That is up from 0.817x seen in 2014. The ratio reached a high of 2.33x in 2011 and a low of -2.17x in 2010.

The company’s cost of funding amounted to 2.20% in 2019, up which is above the 5-year of 2.08%. Funding costs have “eaten” some 3.83% of the operating profit generated in 2019.

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