Sulko - Indebtedness

Sulko's net debt stood at CZK 13.4 mil and accounted for 75.3% of equity at the end of 2019. The ratio is down 22.0 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 258% in 2016 and a low of -99.2% in 2015 between 2006 and 2019. The average for the last five years was 86.0%.

Net debt to EBITDA was calculated at 1.29x at the end of the year.

That is up from -12.3x seen in 2014. The ratio reached a high of 5.94x in 2018 and a low of -12.3x in 2014.

The company’s cost of funding amounted to 2.03% in 2019, up which is above the 5-year of 1.67%. Funding costs have “eaten” some 14.2% of the operating profit generated in 2019.

You can see all the company’s data at Sulko profile, or you can download a report on the company in the report section.