Philip Morris Czech Republic's net debt stood at CZK -6,200 mil and accounted for -65.7% of equity at the end of 2019. The ratio is down 8.86 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 17.6% in 2007 and a low of -99.0% in 2016 between 1993 and 2019. The average for the last five years was -79.4%.
Net debt to EBITDA was calculated at -1.09x at the end of the year. That is down from -1.36x seen in 2014. The ratio reached a high of 0.518x in 2007 and a low of -2.09x in 2015.
The company’s cost of funding amounted to 32.7% in 2019, down which is above the 5-year of 61.5%. Funding costs have “eaten” some 0.838% of the operating profit generated in 2019.
You can see all the company’s data at Philip Morris Czech Republic profile, or you can download a report on the company in the report section.
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