Borealis's net debt reached EUR 1,096 mil and accounted for 0.192 of equity at the end of 2015. The ratio is down 51.7% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.454 in 2013 and an all time low of 0.192 in 2015.
When compared to EBITDA, net debt amounted to 1.11x at the end of the year. The ratio reached an all time high of 3.97 in 2009 and an all time low of 0.796 in 2007.
As far as Borealis's peers are concerned, Grupa Azoty posted net debt to equity of 0.058x and 0.314x when compared to EBITDA at the end of 2015. DEZA ended the year 2015 with a net debt at 0.107x of equity and 0.675x when compared to its EBITDA while DEZA had net debt at 0.107x of equity and 0.675x to EBITDA at the end of the year.