Gordic - Indebtedness

Gordic's net debt stood at CZK -287 mil and accounted for -99.2% of equity at the end of 2017. The ratio is up 4.24 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of -96.2% in 2014 and a low of -179% in 2009 between 2004 and 2017. The average for the last five years was -104%.

Net debt to EBITDA was calculated at -17.0x at the end of the year. That is down from -7.16x seen in 2012. The ratio reached a high of -3.93x in 2010 and a low of -18.8x in 2016.

The company’s cost of funding amounted to in 2017,

up which is above the 5-year of nan%. Funding costs have “eaten” some 5.05% of the operating profit generated in 2019.

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