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Promet Group - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Metals & Mining | Czechia | April 2, 2020
$2.99
Excel Sheet

Promet Group's net debt stood at CZK 936 mil and accounted for 0.760 of equity at the end of 2014. The ratio is down 0.279 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 1.47 in 2012 and a low of 0.741 in 2009 between 2009 and 2014. The average for the last five years was 1.13%.

Net debt to EBITDA was calculated at 2.90x at the end of the year. That is up from 9.49x seen in 2009. The ratio reached a high of 10.2x in 2012 and a low of 2.21x in 2013.

The company’s cost of funding amounted to -3.40% in 2014, down which is above the 5-year of 1.07%. Funding costs have “eaten” some 25% of the operating profit generated in 2019.

You can see all the company’s data at Promet Group profile, or you can download a report on the company in the report section.