Scania Group - Balance Sheet

Scania Group's total assets reached SEK 237,666 mil at the end of 2Q2020, up 2.71% compared to the previous year.

Current assets amounted to SEK 100,004 mil, or 42.1% of total assets while cash stood at SEK 30,680 mil at the end of 2Q2020.

By contrast, total debt reached SEK 101,393 mil at the year-end, or 42.7% of total assets, while the firm's equity amounted to SEK 59,834 mil. As a result, net debt stood at SEK 70,713 mil at the end of 2Q2020 and accounted for 118% of equity.

Net debt against equity is up 47.0 pp from five years ago (71.2%). The ratio against EBITDA increased from 2.81x seen in 2Q2015 to 3.19x.

The company’s cost of funding amounted to 0.871% in 2Q2020, down 0.249 pp compared to the average over the last 5 years.

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