Top 10 Companies with the Highest Debt in the World

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Vika Azkiya Dihni 13/07/2022 15:40 WIB

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According to a Janus Henderson report, Toyota Motor Corporation tops the list of companies with the most debt globally.

Top 10 Companies with the Highest Net Debt Globally (2021/2022)

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Top 10 Companies with the Highest Debt in the World

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Top 10 Companies with the Highest Net Debt Globally (2021/2022)

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Toyota Motor Corporation topped the list of companies with the highest debt globally in the 2020/2021 period.

This is recorded in the July 2022 edition of the *Janus Henderson Corporate Debt Index* report released by Janus Henderson, a multinational asset management firm headquartered in London, England.

According to the report, Toyota Motor Corporation's net debt reached US$186 billion in the 2021/2022 fiscal year. The debt of this Japanese car manufacturer has consistently ranked among the top three globally for the past five years.

Volkswagen AG came in second with net debt reaching US$185 billion in the same period.

AT&T occupied the third position with US$182 billion in debt. Following this was Verizon Communications with US$174 billion in debt.

When accumulated, the net debt of the top 10 companies on this list accounts for 17% of the total net debt of the world's top 900 companies, namely US$8.1 trillion.

The top 10 companies with the largest net debt in the 2021/2022 period came from only two industrial sectors: the automotive sector and the telecommunications and utilities sector.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."