GZP - Indebtedness

GZP's net debt stood at PLN 14.4 mil and accounted for 23.0% of equity at the end of 2019. The ratio is down 11.8 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 66.2% in 2011 and a low of 23.0% in 2019 between 2011 and 2019. The average for the last five years was 38.2%.

Net debt to EBITDA was calculated at 0.600x at the end of the year. That is up from 1.02x seen in 2014. The ratio reached a high of 1.91x in 2017 and a low of 0.600x in 2019.

The company’s cost of funding amounted to in 2019,

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 GZP profile, or you can download a report on the company in the report section.