Lenzing's net debt reached EUR 336 mil and accounted for 0.278 of equity at the end of 2015. The ratio is down 36.4% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.729 in 1999 and an all time low of 0.124 in 2002.
When compared to EBITDA, net debt amounted to 1.15x at the end of the year. The ratio reached an all time high of 2.66 in 1999 and an all time low of 0.360 in 2002.