Kamaz Group's net debt reached RUB 14,071 mil and accounted for 0.377 of equity at the end of 2015. The ratio is up 17.9% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.467 in 2008 and an all time low of 0.245 in 2007.
When compared to EBITDA, net debt amounted to 5.60x at the end of the year. The ratio reached an all time high of 17.0 in 2009 and an all time low of 0.649 in 2007.
As far as Kamaz Group's peers are concerned, MAN SE posted net debt to equity of 0.792x and 3.88x when compared to EBITDA at the end of 2015. Scania Group ended the year 2015 with a net debt at 1.13x of equity and 3.31x when compared to its EBITDA while Scania Group had net debt at 1.13x of equity and 3.31x to EBITDA at the end of the year.