Renault's net debt reached EUR 32,739 mil and accounted for 97.9% of equity at the end of 2017. The ratio is up 11.6% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 169% in 2003 and an all time low of 87.7% in 2016.
When compared to EBITDA, net debt amounted to 4.78x at the end of the year. The ratio reached an all time high of 11.3 in 2009 and an all time low of 4.43 in 2016.
As far as Renault's peers are concerned, Volkswagen Group posted net debt to equity of 133%x and 4.03x when compared to EBITDA at the end of 2017. Daimler Group ended the year 2017 with a net debt at 176%x of equity and 5.65x when compared to its EBITDA while Daimler Group had net debt at 176%x of equity and 5.65x to EBITDA at the end of the year.