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Volkswagen Group's total assets reached EUR 500,253 mil at the end of 2Q2020, up 4.22% compared to the previous year.
Current assets amounted to EUR 204,929 mil, or 41.0% of total assets while cash stood at EUR 61,348 mil at the end of 2Q2020.
By contrast, total debt reached EUR 214,573 mil at the year-end, or 42.9% of total assets, while the firm's equity amounted to EUR 124,288 mil. As a result, net debt stood at EUR -18,833 mil at the end of 2Q2020 and accounted for -15.2% of equity.
Net debt against equity is up 5.23 pp from five years ago (-20.4%). The ratio against EBITDA decreased from -0.627x seen in 2Q2015 to -0.635x.
The company’s cost of funding amounted to in 2Q2020, down 1.06 pp compared to the average over the last 5 years.
You can see all the company’s data at Volkswagen Group profile, or you can download a report on the company in the report section.
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