Renova's net debt stood at EUR 30.6 mil and accounted for 52.4% of equity at the end of 2019. The ratio is down 14.5 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 67.3% in 2017 and a low of -17.6% in 2015 between 2006 and 2019. The average for the last five years was 38.7%.
Net debt to EBITDA was calculated at 2.68x at the end of the year. That is up from -0.433x seen in 2014. The ratio reached a high of 8.08x in 2017 and a low of -0.998x in 2015.
The company’s cost of funding amounted to in 2019,
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You can see all the company’s data at Renova profile, or you can download a report on the company in the report section.
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