CEZ - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Energy & Utility | Czech Republic | August 26, 2020
Excel Sheet

CEZ's net debt stood at CZK 90,112 mil and accounted for 35.8% of equity at the end of 2Q2020. The ratio is up 1.94 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 68.2% in 4Q2011 and a low of -1.12% in 3Q2018 between 4Q1993 and 2Q2020. The average for the last five years was 36.2%.

Net debt to EBITDA was calculated at 1.45x at the end of the quarter. That is up from 2.08x seen in 2015-06-30. The ratio reached a high of 2.75x in 4Q1999 and a low of -0.049x in 3Q2018.

The company’s cost of funding amounted to 3.32% in 2Q2020, down which is above the 5-year of 3.36%. Funding costs have “eaten” some 45.6% of the operating profit generated in 2019.

You can see all the company’s data at CEZ 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
CEZ 1.17 1.54 1.41 1.98 1.71
AVERAGE -0.049 1.17 1.54 1.41 1.98 1.71 0.656 1.45