Severni energeticka's net debt reached CZK 4,218 mil and accounted for 1.04 of equity at the end of 2014. The ratio is down 39.8% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.73 in 2013 and an all time low of -0.467 in 2011.
When compared to EBITDA, net debt amounted to 2.27x at the end of the year. The ratio reached an all time high of 2.67 in 2013 and an all time low of -1.52 in 2009.
As far as Severni energeticka's peers are concerned, Severoceske doly posted net debt to equity of -0.163x and -0.718x when compared to EBITDA at the end of 2014. Sokolovska uhelna ended the year 2014 with a net debt at -0.695x of equity and -6.31x when compared to its EBITDA while Sokolovska uhelna had net debt at -0.695x of equity and -6.31x to EBITDA at the end of the year.