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WireCard - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Telcos & Hi-Tech | Germany | April 2, 2020
$2.99
Excel Sheet

WireCard's net debt stood at EUR -1,394 mil and accounted for -72.5% of equity at the end of 2018. The ratio is down 14.9 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 201% in 2002 and a low of -109% in 2009 between 2000 and 2018. The average for the last five years was -64.0%.

Net debt to EBITDA was calculated at -2.50x at the end of the year. That is down from -2.51x seen in 2013. The ratio reached a high of 0.316x in 2000 and a low of -4.43x in 2009.

The company’s cost of funding amounted to 2.61% in 2018, down which is above the 5-year of 3.37%. Funding costs have “eaten” some 7.56% of the operating profit generated in 2019.

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