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Toyota - Indebtedness

Automotive | Japan | March 2, 2014
$2.99
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Toyota is one of the world's largest automobile manufacturers by production. In 2012, the Company reached total sales of USD 276 bil, twice as much as a decade ago. Following the effects of financial crisis and the USD 4 bil loss the Company made in 2008, Toyota has returned to a solid profitability, though ROE remains in the single digit territory. In 2012, the net profit reached USD 12.1 bil, twice as much as a decade ago. Net debt accounted for 76% of total equity, fairly stable level over the last ten years