LPP's net debt reached PLN 835 mil and accounted for 0.451 of equity at the end of first quarter of 2016. The ratio is up 3.24% when compared to the same period a year ago.
Historically, the firm’s net debt to equity reached an all time high of 1.06 in 1Q2009 and an all time low of 0.022 in 4Q2012.
When compared to EBITDA, net debt amounted to 1.28x at the end of the period. The ratio reached an all time high of 2.22 in 1Q2009 and an all time low of 0.048 in 4Q2012.
As far as LPP's peers are concerned, Eurocash posted net debt to equity of 0.208x and 0.499x when compared to EBITDA at the end of first quarter of 2016..