Conwert's net debt reached EUR 1,411 mil and accounted for 1.12 of equity at the end of 2015. The ratio is down 18.3% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.45 in 2010 and an all time low of 1.12 in 2015.
When compared to EBITDA, net debt amounted to 7.73x at the end of the year. The ratio reached an all time high of 23.0 in 2012 and an all time low of 7.73 in 2015.
As far as Conwert's peers are concerned, CA Immo posted net debt to equity of 0.564x and 8.06x when compared to EBITDA at the end of 2015. ORCO Property Group ended the year 2015 with a net debt at 0.731x of equity and -9.95x when compared to its EBITDA while ORCO Property Group had net debt at 0.731x of equity and -9.95x to EBITDA at the end of the year.