EuroVast - Indebtedness

EuroVast's net debt stood at EUR 22.6 mil and accounted for 144% of equity at the end of 2018. The ratio is down 37.8 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 325% in 2010 and a low of 119% in 2016 between 2006 and 2018. The average for the last five years was 168%.

Net debt to EBITDA was calculated at 5.37x at the end of the year. That is up from 7.10x seen in 2013. The ratio reached a high of 8.30x in 2010 and a low of 3.09x in 2016.

The company’s cost of funding amounted to in 2018,

up which is above the 5-year of nan%. Funding costs have “eaten” some 0% of the operating profit generated in 2019.

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