Follow us for the latest automotive news.
Skoda Auto's net debt stood at CZK -55,923 mil and accounted for -51.0% of equity at the end of 2019. The ratio is up 3.26 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 52.8% in 2000 and a low of -57.9% in 2016 between 2000 and 2019. The average for the last five years was -54.2%.
Net debt to EBITDA was calculated at -1.08x at the end of the year. That is down from -1.14x seen in 2014. The ratio reached a high of 1.06x in 2000 and a low of -1.82x in 2016.
The company’s cost of funding amounted to 12.9% in 2019, up which is above the 5-year of 3.66%. Funding costs have “eaten” some 0.959% of the operating profit generated in 2019.
You can see all the company’s data at Skoda Auto profile, or you can download a report on the company in the report section.