Letoplast's net debt reached CZK 63.6 mil and accounted for 0.517 of equity at the end of 2015. The ratio is up 27.7% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.21 in 2006 and an all time low of -0.768 in 2003.
When compared to EBITDA, net debt amounted to 1.54x at the end of the year. The ratio reached an all time high of 10.6 in 2010 and an all time low of -3.68 in 2003.
As far as Letoplast's peers are concerned, Automotive Lighting posted net debt to equity of -0.005x and -0.009x when compared to EBITDA at the end of 2015. Viscuma ended the year 2015 with a net debt at -0.596x of equity and -2.14x when compared to its EBITDA while Viscuma had net debt at -0.596x of equity and -2.14x to EBITDA at the end of the year.