Siemens Czech Republic's net debt reached CZK 4,281 mil and accounted for 1.31 of equity at the end of 2014. The ratio is down 22.5% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.69 in 2013 and an all time low of -0.015 in 2008.
When compared to EBITDA, net debt amounted to 1.18x at the end of the year. The ratio reached an all time high of 1.63 in 2001 and an all time low of -0.047 in 2008.
As far as Siemens Czech Republic's peers are concerned, Varroc Lighting Systems Czech Republic posted net debt to equity of 0.434x and 0.964x when compared to EBITDA at the end of 2014. Automotive Lighting ended the year 2014 with a net debt at -0.013x of equity and -0.023x when compared to its EBITDA while Automotive Lighting had net debt at -0.013x of equity and -0.023x to EBITDA at the end of the year.