New World Resources's net debt reached EUR 281 mil and accounted for -1.76 of equity at the end of 2014. The ratio is up 21.2% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 1.62 in 2007 and an all time low of -2.23 in 2013.
When compared to EBITDA, net debt amounted to -1.63x at the end of the year. The ratio reached an all time high of 2.70 in 2009 and an all time low of -1.63 in 2014.
As far as New World Resources's peers are concerned, Bogdanka posted net debt to equity of 0.250x and 0.845x when compared to EBITDA at the end of 2014. Czech Coal ended the year 2014 with a net debt at -0.616x of equity and 0.458x when compared to its EBITDA while Czech Coal had net debt at -0.616x of equity and 0.458x to EBITDA at the end of the year.