Ferona's net debt reached CZK 2,970 mil and accounted for 0.736 of equity at the end of 2014. The ratio is down 18% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.971 in 2012 and an all time low of 0.736 in 2014.
When compared to EBITDA, net debt amounted to 5.82x at the end of the year. The ratio reached an all time high of 11.0 in 2012 and an all time low of -2.77 in 2009.
As far as Ferona's peers are concerned, Demonta Trade posted net debt to equity of 1.47x and 232x when compared to EBITDA at the end of 2014. Promet Group ended the year 2014 with a net debt at 0.760x of equity and 2.90x when compared to its EBITDA while Promet Group had net debt at 0.760x of equity and 2.90x to EBITDA at the end of the year.