Brano Group's net debt reached CZK -799 mil and accounted for -0.366 of equity at the end of 2012. The ratio is down 19.6% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of -0.006 in 2003 and an all time low of -0.457 in 2008.
When compared to EBITDA, net debt amounted to -2.54x at the end of the year. The ratio reached an all time high of -0.021 in 2003 and an all time low of -6.27 in 2008.
As far as Brano Group's peers are concerned, Varroc Lighting Systems Czech Republic posted net debt to equity of 1.25x and 3.21x when compared to EBITDA at the end of 2012. Automotive Lighting ended the year 2012 with a net debt at -0.012x of equity and -0.030x when compared to its EBITDA while Automotive Lighting had net debt at -0.012x of equity and -0.030x to EBITDA at the end of the year.