MAN SE - Indebtedness

MAN SE's net debt stood at EUR 5,542 mil and accounted for 91.6% of equity at the end of 2019. The ratio is up 13.5 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 91.6% in 2019 and a low of -42.8% in 1997 between 1990 and 2019. The average for the last five years was 80.3%.

Net debt to EBITDA was calculated at 4.07x at the end of the year. That is up from 3.54x seen in 2014. The ratio reached a high of 19.1x in 2009 and a low of -1.86x in 1997.

The company’s cost of funding amounted to 1.77% in 2019, down which is above the 5-year of 2.63%. Funding costs have “eaten” some 35.8% of the operating profit generated in 2019.

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