CEZ's net debt reached CZK 139,546 mil and accounted for 54.9% of equity at the end of 2017. The ratio is down 8.42% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 71.7% in 2011 and an all time low of 5.76% in 2006.
When compared to EBITDA, net debt amounted to 2.54x at the end of the year. The ratio reached an all time high of 2.84 in 2016 and an all time low of 0.184 in 2006.