SEAT's net debt reached EUR 264 mil and accounted for 17.4% of equity at the end of 2017. The ratio is down 6.69% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 306% in 2013 and an all time low of 17.4% in 2017.
When compared to EBITDA, net debt amounted to 0.458x at the end of the year. The ratio reached an all time high of 17.8 in 2011 and an all time low of -41.1 in 2010.
As far as SEAT's peers are concerned, Skoda Auto posted net debt to equity of -39.7%x and -0.742x when compared to EBITDA at the end of 2017..