SEAT's net debt reached EUR 668 mil and accounted for 1.25 of equity at the end of 2015. The ratio is down 29.7% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 3.06 in 2013 and an all time low of 0.790 in 2009.
When compared to EBITDA, net debt amounted to 2.20x at the end of the year. The ratio reached an all time high of 17.8 in 2011 and an all time low of -41.1 in 2010.
As far as SEAT's peers are concerned, Skoda Auto posted net debt to equity of -0.388x and -0.819x when compared to EBITDA at the end of 2015. PSA Peugeot Citroen ended the year 2015 with a net debt at -0.251x of equity and -0.665x when compared to its EBITDA while PSA Peugeot Citroen had net debt at -0.251x of equity and -0.665x to EBITDA at the end of the year.