Kofola's net debt reached CZK 2,485 mil and accounted for 133% of equity at the end of third quarter of 2018. The ratio is up 92.4% when compared to the same period a year ago.
Historically, the firm’s net debt to equity reached an all time high of 153% in 2Q2018 and an all time low of 35.7% in 4Q2015.
When compared to EBITDA, net debt amounted to 2.30x at the end of the period. The ratio reached an all time high of 2.61 in 1Q2018 and an all time low of 0.927 in 4Q2015.