ENEA's net debt reached PLN 3,934 mil and accounted for 0.325 of equity at the end of 2015. The ratio is up 311% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.325 in 2015 and an all time low of -0.267 in 2008.
When compared to EBITDA, net debt amounted to 10.4x at the end of the year. The ratio reached an all time high of 10.4 in 2015 and an all time low of -2.66 in 2008.
As far as ENEA's peers are concerned, PGE posted net debt to equity of 0.128x and 0.625x when compared to EBITDA at the end of 2015. Tauron Polska Energia ended the year 2015 with a net debt at 0.482x of equity and -113x when compared to its EBITDA while Tauron Polska Energia had net debt at 0.482x of equity and -113x to EBITDA at the end of the year.