Bogdanka's net debt reached PLN 460 mil and accounted for 0.218 of equity at the end of 2015. The ratio is down 12.7% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.250 in 2014 and an all time low of -0.248 in 2009.
When compared to EBITDA, net debt amounted to 8.62x at the end of the year. The ratio reached an all time high of 8.62 in 2015 and an all time low of -1.17 in 2009.
As far as Bogdanka's peers are concerned, JSW posted net debt to equity of -0.020x and 0.035x when compared to EBITDA at the end of 2015. OKD ended the year 2015 with a net debt at 1.41x of equity and 0.209x when compared to its EBITDA while OKD had net debt at 1.41x of equity and 0.209x to EBITDA at the end of the year.