LEO Express's net debt reached CZK 811 mil and accounted for -4.78 of equity at the end of 2014. The ratio is up 78.3% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 76.9 in 2012 and an all time low of -22.0 in 2013.
When compared to EBITDA, net debt amounted to -233x at the end of the year. The ratio reached an all time high of 0.951 in 2010 and an all time low of -233 in 2014.
As far as LEO Express's peers are concerned, RegioJet posted net debt to equity of 1.18x and -6.74x when compared to EBITDA at the end of 2014. Ceske Drahy ended the year 2014 with a net debt at 0.859x of equity and 4.23x when compared to its EBITDA while Ceske Drahy had net debt at 0.859x of equity and 4.23x to EBITDA at the end of the year.