SEAT - Balance Sheet

SEAT's total assets reached EUR 5,843 mil at the end of 2019, up 15.4% compared to the previous year.

Current assets amounted to EUR 1,759 mil, or 30.1% of total assets while cash stood at EUR 0.800 mil at the end of 2019.

By contrast, total debt reached EUR 227 mil at the year-end, or 3.89% of total assets, while the firm's equity amounted to EUR 1,991 mil. As a result, net debt stood at EUR -823 mil at the end of 2019 and accounted for -41.3% of equity.

Net debt against equity is up 39.1 pp from five years ago (-80.5%). The ratio against EBITDA increased from -2.20x seen in 2014 to -1.10x.

The company’s cost of funding amounted to 2.84% in 2019, up 0.295 pp compared to the average over the last 5 years.

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