Lovochemie's net debt reached CZK 688 mil and accounted for 0.214 of equity at the end of 2015. The ratio is up 72.6% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.659 in 2002 and an all time low of -0.169 in 2012.
When compared to EBITDA, net debt amounted to 1.31x at the end of the year. The ratio reached an all time high of 5.09 in 2002 and an all time low of -0.600 in 2012.
As far as Lovochemie's peers are concerned, Grupa Azoty posted net debt to equity of 0.058x and 0.314x when compared to EBITDA at the end of 2015. DEZA ended the year 2015 with a net debt at 0.107x of equity and 0.675x when compared to its EBITDA while DEZA had net debt at 0.107x of equity and 0.675x to EBITDA at the end of the year.