Agrofert's net debt stood at CZK 29,401 mil and accounted for 39.9% of equity at the end of 2017. The ratio is up 4.82 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 73.7% in 2006 and a low of 31.5% in 2015 between 2004 and 2017. The average for the last five years was 35.5%.
Net debt to EBITDA was calculated at 2.35x at the end of the year. That is up from 1.46x seen in 2012. The ratio reached a high of 2.35x in 2017 and a low of 1.19x in 2015.
The company’s cost of funding amounted to 0.945% in 2017, down which is above the 5-year of 1.54%. Funding costs have “eaten” some 4.94% of the operating profit generated in 2019.
You can see all the company’s data at Agrofert profile, or you can download a report on the company in the report section.