Skoda Auto's net debt reached CZK -45,570 mil and accounted for -0.388 of equity at the end of 2015. The ratio is down 57% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.556 in 2000 and an all time low of -0.388 in 2015.
When compared to EBITDA, net debt amounted to -0.819x at the end of the year. The ratio reached an all time high of 1.12 in 2000 and an all time low of -1.35 in 2009.
As far as Skoda Auto's peers are concerned, Hyundai Motor Manufacturing Czech posted net debt to equity of -0.337x and -1.28x when compared to EBITDA at the end of 2015. TPCA Czech Republic ended the year 2015 with a net debt at -0.252x of equity and -0.931x when compared to its EBITDA while TPCA Czech Republic had net debt at -0.252x of equity and -0.931x to EBITDA at the end of the year.