Spolchemie's net debt reached CZK 1,854 mil and accounted for 2.24 of equity at the end of 2014. The ratio is up 26.5% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 2.24 in 2014 and an all time low of 1.15 in 2007.
When compared to EBITDA, net debt amounted to -27.6x at the end of the year. The ratio reached an all time high of 8.65 in 2008 and an all time low of -58.7 in 2009.
As far as Spolchemie's peers are concerned, Synthos Kralupy posted net debt to equity of 3.42x and 2.84x when compared to EBITDA at the end of 2014. Grupa Azoty ended the year 2014 with a net debt at 0.066x of equity and 0.520x when compared to its EBITDA while Grupa Azoty had net debt at 0.066x of equity and 0.520x to EBITDA at the end of the year.