PSA Peugeot Citroen's net debt reached EUR -6,709 mil and accounted for -40.1% of equity at the end of 2017. The ratio is up 18% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 300% in 2013 and an all time low of -48.9% in 2016.
When compared to EBITDA, net debt amounted to -1.16x at the end of the year. The ratio reached an all time high of 25.2 in 2013 and an all time low of -16.8 in 2012.
As far as PSA Peugeot Citroen's peers are concerned, Renault posted net debt to equity of 97.9%x and 4.78x when compared to EBITDA at the end of 2017. Volkswagen Group ended the year 2017 with a net debt at 133%x of equity and 4.03x when compared to its EBITDA while Volkswagen Group had net debt at 133%x of equity and 4.03x to EBITDA at the end of the year.