Volkswagen Most Heavily Indebted Group in the World with Debts of $192 Billion US
Volkswagen Most Heavily Indebted Group in the World with Debts of $192 Billion US
Volkswagen Most Heavily Indebted Group in the World with Debts of $192 Billion US
With a debt burden of $192 billion, Volkswagen most indebted company in the world
Piles of debt almost equivalent to entire nations like South Africa or Hungary
Daimler and BMW also in top 10 with debts of $151 and $114 billion respectively
Despite debts: Volkswagen has second highest EBIT margin of all car manufacturers
Volkswagen also holds top place on innovations index
With a burden of $192 billion US, the Volkswagen Group is the most heavily indebted enterprise in the world. This can be seen in a new infographic from Kryptoszene.de. Their mountain of debt is comparable to that of entire nations such as South Africa or Hungary. All of this despite the fact that the Wolfsburg-based company is highly profitable and has the second-highest EBIT margin of any automotive group.
As the infographic illustrates, along with Volkswagen, two other German groups are among the ten companies with the highest debt burden - namely Daimler and BMW with debts of $151 and $114 billion US respectively. An analysis of the financial data from the 900 largest companies by market capitalization reveals that US companies carry the highest debt burden overall. Germany and companies