Ness Czech Republic's total assets reached CZK 523 mil at the end of 2017, down 13.1% compared to the previous year.
Current assets amounted to CZK 428 mil, or 81.8% of total assets while cash stood at CZK 123 mil at the end of 2017.
By contrast, total debt reached CZK 13.6 mil at the year-end, or 2.60% of total assets, while the firm's equity amounted to CZK 246 mil. As a result, net debt stood at CZK -110 mil at the end of 2017 and accounted for -44.6% of equity.
Net debt against equity is down 27.3 pp from five years ago (-17.3%). The ratio against EBITDA decreased from -0.912x seen in 2012 to -2.58x.
The company’s cost of funding amounted to 51.1% in 2017, down 188 pp compared to the average over the last 5 years.
You can see all the company’s data at Ness Czech Republic profile, or you can download a report on the company in the report section.
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