CS Cargo's net debt reached CZK 194 mil and accounted for 2.03 of equity at the end of 2015. The ratio is down 79.3% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 11.3 in 2012 and an all time low of -6.85 in 2008.
When compared to EBITDA, net debt amounted to 1.76x at the end of the year. The ratio reached an all time high of 13.5 in 2007 and an all time low of -115 in 2013.
As far as CS Cargo's peers are concerned, Bohemia Cargo posted net debt to equity of 0.951x and 3.04x when compared to EBITDA at the end of 2015. Ceske Drahy ended the year 2015 with a net debt at 0.917x of equity and 5.18x when compared to its EBITDA while Ceske Drahy had net debt at 0.917x of equity and 5.18x to EBITDA at the end of the year.