Heineken Czech Republic's net debt reached CZK 945 mil and accounted for 1.30 of equity at the end of 2014. The ratio is down 34% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.96 in 2013 and an all time low of 0.077 in 2008.
When compared to EBITDA, net debt amounted to 2.24x at the end of the year. The ratio reached an all time high of 4.01 in 2013 and an all time low of 0.265 in 2006.
As far as Heineken Czech Republic's peers are concerned, Plzensky Prazdroj posted net debt to equity of 0.723x and 0.789x when compared to EBITDA at the end of 2014. Budejovicky Budvar ended the year 2014 with a net debt at -0.478x of equity and -3.93x when compared to its EBITDA while Budejovicky Budvar had net debt at -0.478x of equity and -3.93x to EBITDA at the end of the year.