Paccar - Balance Sheet

Paccar's total assets reached USD 26,406 mil at the end of 2Q2020, down 2.8% compared to the previous year.

Current assets amounted to USD 7,152 mil, or 27.1% of total assets while cash stood at USD 4,275 mil at the end of 2Q2020.

By contrast, total debt reached USD 10,397 mil at the year-end, or 39.4% of total assets, while the firm's equity amounted to USD 9,777 mil. As a result, net debt stood at USD -4,167 mil at the end of 2Q2020 and accounted for -42.6% of equity.

Net debt against equity is up 2.74 pp from five years ago (-45.4%). The ratio against EBITDA decreased from -1.01x seen in 2Q2015 to -1.36x.

The company’s cost of funding amounted to in 2Q2020, down 1.55 pp compared to the average over the last 5 years.

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