Armex Oil's net debt reached CZK -22.0 mil and accounted for -0.045 of equity at the end of 2015. The ratio is down 108% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 4.03 in 2007 and an all time low of -0.045 in 2015.
When compared to EBITDA, net debt amounted to -0.110x at the end of the year. The ratio reached an all time high of 5.03 in 2007 and an all time low of -0.110 in 2015.