Pegas Nonwovens's net debt reached EUR 141,976 '000 and accounted for 0.901 of equity at the end of 2014. The ratio is down 23.2% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.48 in 2006 and an all time low of -0.188 in 2005.
When compared to EBITDA, net debt amounted to 3.01x at the end of the year. The ratio reached an all time high of 3.83 in 2013 and an all time low of -0.574 in 2005.
As far as Pegas Nonwovens's peers are concerned, Avgol Nonwovens posted net debt to equity of 1.59x and 3.42x when compared to EBITDA at the end of 2014..