Skoda Auto's net debt reached CZK -46,658 mil and accounted for -39.7% of equity at the end of 2017. The ratio is up 10.2% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 55.6% in 2000 and an all time low of -44.2% in 2016.
When compared to EBITDA, net debt amounted to -0.742x at the end of the year. The ratio reached an all time high of 1.12 in 2000 and an all time low of -1.35 in 2009.
As far as Skoda Auto'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..