Budejovicky Budvar's net debt reached CZK -1,927 mil and accounted for -0.455 of equity at the end of 2015. The ratio is up 4.97% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of -0.215 in 2004 and an all time low of -0.488 in 2013.
When compared to EBITDA, net debt amounted to -3.32x at the end of the year. The ratio reached an all time high of -0.814 in 2000 and an all time low of -5.40 in 2012.
As far as Budejovicky Budvar's peers are concerned, Plzensky Prazdroj posted net debt to equity of 0.797x and 0.761x when compared to EBITDA at the end of 2015. Pivovar Svijany ended the year 2015 with a net debt at -0.006x of equity and -0.019x when compared to its EBITDA while Pivovar Svijany had net debt at -0.006x of equity and -0.019x to EBITDA at the end of the year.