Slovenske Elektrarne's net debt reached EUR 2,005 mil and accounted for 0.525 of equity at the end of 2015. The ratio is up 35.2% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.58 in 2006 and an all time low of -0.896 in 2005.
When compared to EBITDA, net debt amounted to 2.30x at the end of the year. The ratio reached an all time high of 10.8 in 2005 and an all time low of 0.226 in 2009.
As far as Slovenske Elektrarne's peers are concerned, PGE posted net debt to equity of 0.128x and 0.625x when compared to EBITDA at the end of 2015. ENEA ended the year 2015 with a net debt at 0.325x of equity and 10.4x when compared to its EBITDA while ENEA had net debt at 0.325x of equity and 10.4x to EBITDA at the end of the year.