Agrofert's net debt reached CZK 29,401 mil and accounted for 39.9% of equity at the end of 2017. The ratio is up 13.7% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 73.7% in 2006 and an all time low of 31.5% in 2015.
When compared to EBITDA, net debt amounted to 2.35x at the end of the year. The ratio reached an all time high of 2.35 in 2017 and an all time low of 1.19 in 2015.