Blue Style's net debt reached CZK -92.8 mil and accounted for -1.87 of equity at the end of 2013. The ratio is down 172% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of -0.444 in 2010 and an all time low of -1.87 in 2013.
When compared to EBITDA, net debt amounted to -1.36x at the end of the year. The ratio reached an all time high of -1.02 in 2006 and an all time low of -2.37 in 2011.
As far as Blue Style's peers are concerned, Cedok posted net debt to equity of 0.788x and -6.71x when compared to EBITDA at the end of 2013. CK Fischer ended the year 2013 with a net debt at -0.236x of equity and -0.866x when compared to its EBITDA while CK Fischer had net debt at -0.236x of equity and -0.866x to EBITDA at the end of the year.