Lesy Ceske republiky's net debt reached CZK -6,631 mil and accounted for -0.098 of equity at the end of 2015. The ratio is up 28.4% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of -0.045 in 2000 and an all time low of -0.141 in 2011.
When compared to EBITDA, net debt amounted to -0.945x at the end of the year. The ratio reached an all time high of -0.945 in 2015 and an all time low of -7.04 in 2003.
As far as Lesy Ceske republiky's peers are concerned, Biocel Paskov posted net debt to equity of 0.331x and 0.693x when compared to EBITDA at the end of 2015. Stora Enso Wood Products Zdirec ended the year 2015 with a net debt at 0.595x of equity and 1.37x when compared to its EBITDA while Stora Enso Wood Products Zdirec had net debt at 0.595x of equity and 1.37x to EBITDA at the end of the year.