Severoceske doly's net debt reached CZK -3,711 mil and accounted for -0.163 of equity at the end of 2014. The ratio is down 21.4% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.325 in 2007 and an all time low of -0.163 in 2014.
When compared to EBITDA, net debt amounted to -0.718x at the end of the year. The ratio reached an all time high of 1.15 in 2007 and an all time low of -0.718 in 2014.
As far as Severoceske doly's peers are concerned, Severni energeticka posted net debt to equity of 1.04x and 2.27x 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.