PannErgy's net debt reached HUF 8,307 mil and accounted for 0.891 of equity at the end of 2015. The ratio is up 102% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.891 in 2015 and an all time low of 0.037 in 2011.
When compared to EBITDA, net debt amounted to 5.15x at the end of the year. The ratio reached an all time high of 8.48 in 2014 and an all time low of -20.1 in 2013.
As far as PannErgy's peers are concerned, PGE posted net debt to equity of 0.128x and 0.625x when compared to EBITDA at the end of 2015. EVN ended the year 2015 with a net debt at 0.549x of equity and 2.44x when compared to its EBITDA while EVN had net debt at 0.549x of equity and 2.44x to EBITDA at the end of the year.