LPP's net debt reached PLN 621 mil and accounted for 0.329 of equity at the end of 2015. The ratio is up 34.8% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.01 in 2000 and an all time low of -0.034 in 2003.
When compared to EBITDA, net debt amounted to 0.855x at the end of the year. The ratio reached an all time high of 1.69 in 2000 and an all time low of -0.100 in 2003.
As far as LPP's peers are concerned, CCC posted net debt to equity of 0.321x and 1.11x when compared to EBITDA at the end of 2015. Eurocash ended the year 2015 with a net debt at 0.149x of equity and 0.367x when compared to its EBITDA while Eurocash had net debt at 0.149x of equity and 0.367x to EBITDA at the end of the year.