Ceske Drahy's net debt reached CZK 33,219 mil and accounted for 0.917 of equity at the end of 2015. The ratio is up 6.72% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.917 in 2015 and an all time low of -0.054 in 2003.
When compared to EBITDA, net debt amounted to 5.18x at the end of the year. The ratio reached an all time high of 27.4 in 2002 and an all time low of -2.92 in 2008.
As far as Ceske Drahy's peers are concerned, RegioJet posted net debt to equity of 1.97x and 7.69x when compared to EBITDA at the end of 2015. CD Cargo ended the year 2015 with a net debt at 0.179x of equity and 0.954x when compared to its EBITDA while CD Cargo had net debt at 0.179x of equity and 0.954x to EBITDA at the end of the year.