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Marcopolo - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Automotive | Brazil | October 3, 2020
$2.99
Excel Sheet

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Marcopolo's net debt stood at BRL 577 mil and accounted for 24.5% of equity at the end of 2019. The ratio is down 20.8 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 157% in 2008 and a low of -25.6% in 1995 between 1994 and 2019. The average for the last five years was 43.0%.

Net debt to EBITDA was calculated at 2.04x at the end of the year. That is up from 4.42x seen in 2014. The ratio reached a high of 146x in 2017 and a low of -8.25x in 1994.

The company’s cost of funding amounted to 3.88% in 2019, down which is above the 5-year of 4.09%. Funding costs have “eaten” some 32.1% of the operating profit generated in 2019.

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