Mercator's net debt reached EUR 815 mil and accounted for 1.31 of equity at the end of 2014. The ratio is down 33.8% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.98 in 2013 and an all time low of 0.608 in 1999.
When compared to EBITDA, net debt amounted to 8.10x at the end of the year. The ratio reached an all time high of 22.3 in 2005 and an all time low of 3.90 in 2002.
As far as Mercator's peers are concerned, Eurocash posted net debt to equity of 0.820x and 2.07x when compared to EBITDA at the end of 2014..