Toyota Motor Corporation's net debt reached JPY 15,354 bil and accounted for 0.849 of equity at the end of 2015. The ratio is down 10.3% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.972 in 2012 and an all time low of 0.575 in 2003.
When compared to EBITDA, net debt amounted to 3.43x at the end of the year. The ratio reached an all time high of 7.23 in 2008 and an all time low of 1.78 in 2003.
As far as Toyota Motor Corporation's peers are concerned, Suzuki Motor Corporation posted net debt to equity of 0.027x and 0.089x when compared to EBITDA at the end of 2015. Mazda Motor Corporation ended the year 2015 with a net debt at 0.158x of equity and 0.505x when compared to its EBITDA while Mazda Motor Corporation had net debt at 0.158x of equity and 0.505x to EBITDA at the end of the year.