Ericsson Nikola Tesla's net debt reached HRK -287 mil and accounted for -0.932 of equity at the end of 2015. The ratio is down 35.6% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of -0.026 in 2003 and an all time low of -0.932 in 2015.
When compared to EBITDA, net debt amounted to -2.00x at the end of the year. The ratio reached an all time high of -0.167 in 2003 and an all time low of -16.1 in 2010.
As far as Ericsson Nikola Tesla's peers are concerned, Hrvatski Telekom posted net debt to equity of -0.326x and -1.40x when compared to EBITDA at the end of 2015..