Central European Media Enterprises - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Media & Entertainment | Czech Republic | August 26, 2020
Excel Sheet

Central European Media Enterprises's net debt stood at USD 447 mil and accounted for 72.3% of equity at the end of 2Q2020. The ratio is down 37.6 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 732% in 3Q2016 and a low of -621% in 3Q1999 between 4Q1993 and 2Q2020. The average for the last five years was 319%.

Net debt to EBITDA was calculated at 2.04x at the end of the quarter. That is up from 6.10x seen in 2015-06-30. The ratio reached a high of 33.3x in 4Q2001 and a low of -34.2x in 3Q2014.

The company’s cost of funding amounted to 3.76% in 2Q2020, down which is above the 5-year of 8.41%. Funding costs have “eaten” some 13% of the operating profit generated in 2019.

You can see all the company’s data at Central European Media Enterprises profile, or you can download a report on the company in the report section.

Net Debt/EBITDA Unit Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
Central European Media Enterprises 3.20 2.79 2.53 2.26 2.47
AVERAGE 2.20 3.20 2.79 2.53 2.26 2.47 1.96 2.04