Passat annual net debt
2020
2021
2022
2023
2024
Passat Net Debt Growth & History (PSAT)
Passat's net debt was €2.8M for fiscal 2024.
View full Passat company overviewPassat annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | €2.8M | €4.1M | — |
| 2023 | 2023-12-31 | −€1.3M | €2.8M | — |
| 2022 | 2022-12-31 | −€4.1M | €3.3M | — |
| 2021 | 2021-12-31 | −€7.4M | €4.9M | — |
| 2020 | 2020-12-31 | −€12.2M | — | — |
Passat net debt trends
Between the periods ended 2020-12-31 and 2024-12-31, Passat's net debt increased from −€12.2M to €2.8M, a change of €15.1M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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